ENL Group, established in 1821, is a diversified conglomerate in Mauritius with interests spanning agribusiness, real estate, commerce, hospitality, logistics, and finance. Over its two-century history, the group has evolved from its origins in sugarcane cultivation to become a significant player in various sectors of the Mauritian economy.
Financial Performance:
For the fiscal year ending June 30, 2024, ENL Group reported a revenue of MUR 24.7 billion, marking a 19% increase from the previous year. Operating profit rose by 6% to MUR 3.7 billion, driven by positive contributions across all segments, particularly in hospitality, real estate, and commerce. Despite higher finance costs, profit after tax reached MUR 3.8 billion. Total assets stood at MUR 98.8 billion, with total equity at MUR 53.3 billion. The group’s net asset value per share was MUR 92.30, and gearing was at 35.09%.
Leadership:
On July 1, 2023, Gilbert Espitalier-Noël assumed the role of Chief Executive Officer, succeeding Hector Espitalier-Noël upon his retirement. This leadership transition reflects the group’s commitment to continuity and strategic growth.
In July 2024, ENL and its subsidiary, Rogers Group, unified their head offices to enhance strategic, cultural, and operational alignment. Despite this integration, both entities continue to operate as distinct companies listed on the Stock Exchange of Mauritius.
Through strategic diversification and robust leadership, ENL Group continues to play a pivotal role in Mauritius’s economic development.