A Purpose-Driven Vision for lasting Growth and Success

At the heart of our purpose - For A World We Can All Feel Proud Of - lies a clear and focused strategy for sustainable growth. Our strength is rooted in a unified approach, bringing together our diverse sectors into a cohesive and strategic vision for the future.

The designs created for this report reflect the vibrant regions, people and sectors in which we operate. Every decision we make is guided by a clear objective that contributes to a well-defined picture of success, aimed at enhancing value and driving our business forward. This ‘Purpose-Driven Vision’ underscores our commitment to a disciplined investment approach and a strategy that steers us toward A World We Can All Feel Proud Of.

A letter from our Chairman
An interview with our Former Group Chief Executive
A message from our Group Chief Executive
Insights from our Group Finance Director
A letter from our Chairman

Dear Shareholders,

it is my real pleasure to introduce the CIEL Annual Integrated Report for the 2024 financial year. This year has been a milestone for CIEL. The Group has once again reported excellent results, despite challenging geopolitical and global economic dynamics. Furthermore, it has been a year of transition at the helm of the company.

Ten years ago, we embarked on a strategic review of the Group, with the aim of further diversifying our portfolio to ensure sustained growth by investing in new markets and new sectors…

P. Arnaud Dalais Chairman
An interview with our Former Group Chief Executive

Dear shareholders and stakeholders of CIEL,

As I present my final annual integrated report as Group Chief Executive of CIEL Group, I am pleased to share the positive results and promising outlook for the future. I am proud of the achievements in the 2024 financial year and strongly believe that they will underpin CIEL’s long term growth.

Building on our established growth strategy, a key focus for FY24 was to further strengthen CIEL’s position in expanding markets…

Jean-Pierre Dalais Former Group Chief Executive
A message from our Group Chief Executive

Dear Shareholders and Stakeholders of the CIEL Group,

As I write to you for the first time as CIEL’s Group Chief Executive, I am filled with both pride and humility. Over the past sixteen years, I have had the privilege of being part of CIEL’s transformation into a dynamic, international organisation, now operating across ten countries and six sectors. Moving forward, my focus is to build on these strong foundations by advancing sustainable growth and innovation across all our clusters.

Guillaume Dalais Group Chief Executive
Insights from our Group Finance Director

As I reflect on the financial year that ended on 30 June 2024, I am pleased to present results that underscore the strength of the Group’s diversified portfolio in a year shaped by dynamic macroeconomic conditions.

While the global economy has transitioned from the post-COVID era, CIEL has successfully navigated an environment of high inflation and high interest rates driven by supply chain disruptions, labour shortages, and other lingering pandemic effects...

L. J. Jérôme De Chasteauneuf Group Finance Director
CIEL GROUP At a Glance
The Group’s integrated report covers the activities of CIEL Group and its clusters, and details the financial performance for the year ended 30 June 2024.
37,600+
Employees
MUR12.4M
Market Cap
6
Sectors
MUR120M
Invested in social projects since 2004
30+
Brands
10+
Countries
Evolving Through our Sustainability Journey

We continue to embed sustainability considerations into our overall strategy, investment decisions, and daily practices in line with our purpose - For A World We Can All Feel Proud Of.

In an evolving economic, social and environmental landscape, whereby new regulations emerge, we have undertaken a comprehensive review of our 2020-2030 Sustainability Strategy and key performance indicators (KPIs).