Company Alteo Limited

Equities

ALTG.N0000

MU0582N00000

Fishing & Farming

End-of-day quote Mauritius S.E. 23:00:00 05/05/2024 BST 5-day change 1st Jan Change
9.96 MUR 0.00% Intraday chart for Alteo Limited +0.40% 0.00%

Business Summary

Alteo Agri Ltd is a Mauritius-based company, which is principally engaged in sugar, renewable energy and property sectors. The Company operates through three segments: sugar, energy and property. The sugar segment includes planting and harvesting of sugar cane and other food crops, sugar cane milling and sugar refining. It produces and refines sugar for a variety of markets, including Mauritius, Kenya and Tanzania. The energy segment operates bagasse/coal power plants to supply steam and electricity. This energy powers its factories and is exported to the national grids. It owns and operates three power plants in Mauritius and Tanzania and exports approximately 340-gigawatt hours to the grid every year. The property segment promotes, markets and sells villas, apartments and serviced land and operates an 18-hole championship golf course located at Anahita. Its property cluster manages, develops and markets its substantial land and real estate assets along Mauritius’ east coast.

Number of employees: 6,246

Sales per Business

MUR in Million2022Weight2023Weight Delta
Sugar/Agricultural
49.1 %
1,884 42.0 % 2,157 49.1 % +14.50%
Energy
29.3 %
1,158 25.8 % 1,287 29.3 % +11.13%
Property
24.6 %
1,556 34.7 % 1,080 24.6 % -30.59%
Adjustment Transactions
-3.0 %
-111 -2.5 % -133 -3.0 % +19.62%

Sales per region

MUR in Million2022Weight2023Weight Delta
Mauritius
100.0 %
4,487 100.0 % 4,392 100.0 % -2.13%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 31/03/18
Director of Finance/CFO - 28/02/22
Director/Board Member 56 22/03/15
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Human Resources Officer 54 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 56 22/03/15
Director/Board Member 71 31/03/18
Chairman 58 31/03/18
Director/Board Member 60 31/03/18
Director/Board Member 49 10/12/20
Director/Board Member 53 28/02/18
Chief Executive Officer 47 31/03/18
Director/Board Member 57 30/11/18
Director/Board Member 56 24/11/20
Director/Board Member 45 23/06/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 318,492,120 163,703,494 ( 51.40 %) 0 51.40 %

Shareholders

NameEquities%Valuation
IBL LTD
27.64 %
88,033,272 27.64 % 19 M ₨
66,755,354 20.96 % 14 M ₨
OTP Fund Management Ltd.
0.5737 %
1,827,267 0.5737 % 391 693 ₨
VIG Befektetési Alapkezelo Magyarország Zrt
0.000094 %
299 0.000094 % 64 ₨

Company contact information

Alteo Ltd.

Vivéa Business Park

, Saint Pierre

+

http://www.alteogroup.com
address Alteo Limited(ALTG.N0000)