Our Group

The Bidvest Group Limited consists of four overarching divisions:

Provides strategic direction, financial, risk and sustainability management, marketing, investor relations, corporate communications, corporate finance and investments.       The division employs over 118 000 people and includes a variety of service and product offerings across southern Africa. Market-leading foodservice product distributors in its chosen geographies, operating through strategically located independent business units.       Bidvest Namibia is the holding company for Bidvest’s interests in Namibia which include fishing and similar commercial businesses to those of Bidvest in South Africa.

Contribution to Group revenue		Why invest in Bidvest
		For over a quarter of a century, Bidvest has been reporting superior financial results and creating shareholder returns. By spanning such a broad spectrum of businesses, sustained growth in the short, medium and long term remains possible even during economic downturns. As a global employer of 143 828 proudly Bidvest people on five continents, Bidvest is aware of its responsibility to its people, their families and their communities. Sustainable business practices underpin our proudly Bidvest promise and the way we do business.

Value added statement

Adding value to our stakeholders

Our values

We are committed to conducting healthy business practices which support our company values of respect, honesty, integrity and accountability, ensuring a stable employment environment and the ongoing sustainability of Bidvest.

We believe in empowering people, building relationships and improving lives. Entrepreneurship, incentivisation, decentralised management and communication are keys drivers.

We subscribe to a philosophy of transparency, excellence and innovation in all our business dealings.

Performance

Turnover (R’billion)	Trading profit (R’billion)	Headline earnings per share (cents)	Distributions per ordinary share* (cents)

		“Sustainable growth is the underlying objective of all our businesses and growth by acquisition remains a key component of our strategy. We are strongly capitalised and are well positioned to pursue transaction opportunities whenever and wherever we see value and synergies.” Brian Joffe, Group chief executive
+19,7% Turnover increase to R183,6 billion
+16,6% Trading profit increased to R8,9 billion		+11,1% HEPS increased to 1 733,9 cents
+18,5% Net asset value per share, up to 9 965,0 cents		+15,8% Distributions per share increased to 834,1 cents*
			*Distributions include capitalisation issues at market value