Santova achieves 13.5% organic profit growth in line with strategic focus

JSE-listed logistics company Santova grew its profit by 13.5% to R71.3-million for the financial year ended February 28, from R62.8-million in 2017, with the performance of the group having been “purely organic,” the company said on Wednesday. This is the result of a strategic choice focused primarily on internal integration and scaling of operations, such as systems, new business development and ongoing support, and which constitute a critical foundation for future acquisitions.