Leadership review

Lorato Phalatse     Lindsay Ralphs     Peter Meijer
Lorato Phalatse
Chairman
   
Lindsay Ralphs
Chief executive
   
Peter Meijer
Group financial director
             

This has been our first full year following the successful unbundling of our foodservices businesses and we transitioned exceptionally well. I am pleased to report we are on course for continued growth and success.

   

We have made excellent progress over the past year in achieving our stated objectives. Our portfolio has been strengthened and realigned, resulting in an enhanced focus on the seven core divisions and allowing us to concentrate on renewed growth.

 

   

Bidvest delivered pleasing results in a tough trading environment. At Group level, trading profit grew 5%; 6% in South Africa. Funds employed was tightly controlled and cash generation was strong.



   
 
THROUGHOUT THIS REPORT ICONS LINK OUR STRATEGY, RISKS AND OPPORTUNITIES, PROVIDERS OF CAPITAL AND STAKEHOLDERS.
 

Capitals

 

Strategy

 

Opportunities

 
 
Financial capital
 
Human capital
 
Social and relationship capital
 
Natural capital
 
Manufacturing capital
 
Intellectual capital
 
 
Innovation
 
Stewardship
 
Going beyond
 
Strong financial position
 
 
Deepen and broaden relationships
 
Entrepreneurial employees
 
Enabling and cost-effective systems
 
Value-adding innovative solutions
 
Remain competitive and relevant

 

Financial capability

SUPPLEMENTARY DOCUMENTS CAN BE FOUND ONLINE AT WWW.BIDVEST.COM