Operational review Bidvest Services

  • Revenue up 9,7% to R1,7 billion while trading profit rises 16,3% to R325,9 million
  • Strong performance at Steiner and record results at G. Fox & Co.
  • Staff numbers rise to 5 981
  • B-BBEE scores improve at all businesses
  • Laundry heat exchanger investment drives energy efficiency gains
  • Training investment rises to R3,76 million

A range of outsourced services in cleaning, security and landscaping as well as specialised services to the industrial sector.

 

John Taylor
Chief executive

 

Revenue

R2,9 billion

2,2% increase

Trading profit

R187,6 million

2,4% increase

 

  

 

Financial indicators
(for the year ended June 30)  		 2011  
R’m  		 2010  
R’m  
Revenue   2 901,4   2 840,1  
Trading profit   187,6   183,2  
Operating assets    699,9   779,7  
Operating liabilities   240,9   312,9  
Depreciation   88,9   80,4  
Amortisation and impairments of intangible assets   3,0   3,0  
Goodwill and intangible assets   192,1   187,7  
Sustainable development indicator overview          
Employees   48 620   49 952  
Total training spend (R’000)   26 670   23 909  
Training spend per employee (R)   549   479  
Employees attending HIV/Aids training (%)   26,2   27,2  
Lost-time injury frequency rate   3,9   4,5  
Work-related fatalities (number)   5   1  
CSI spend (R’000)   1 180   1 522  
Total water usage (litres ’000)   89 166   64 100  
Total electricity usage (including electricity from renewable sources) (kWh ’000)   4 202   3 495  
Petrol (litres)   3 991 100   4 220 386  
Diesel and biofuel (litres)   2 473 569   2 942 858  
Total carbon emissions (tonnes)   20 612   22 109  
Carbon emissions per employee (tonnes)   0,4   0,4  

 

QUICK LINK: Operational report

Material issues

  • Challenges of operating successfully in difficult economic conditions
  • Increasing competition
  • Skills development
  • Succession planning at senior level
  • Continuing to improve our health and safety performance