Integrated group overview

Bidvest is a leading business-to-business services, trading and distribution group, with seven core divisions.

Subsequent to year-end, Bidvest strategically increased its stake in Adcock Ingram to 50.1%, making it a Proudly Bidvest company. Bidvest continues to hold investments in Comair (27.2% stake) and other unlisted investments. The Group also owns a significant Bidvest-occupied property portfolio, comprising 112 properties. Operations are primarily in South Africa with Noonan currently presenting the offshore exposure at 9% of revenue and 6% of trading profit in 2019.

Bidvest generates 65% of trading profit from services and 35% from trading and distribution activities.

Bidvest services 175 000 customers through 1 300 facilities.

B-BBEE level 3 with 50% of individual businesses at a level 1-2.

Trading profit
divisional contribution

Services
Freight
Office and Print
Commercial Products
Automotive
Financial Services
Electrical

Services

Revenue
R20 837m
(2018: R18 968m)

Trading profit
R2 240m
(2018: 1 992m)

30 500 buildings
serviced

1 613 181 passengers made use of our lounges at South African airports

Protea Coin conducted
2 000+ investigations and completed 16 000 technical installations

Incorporating, amongst others:

Steiner, Prestige, Protea Coin, Pureau, ExecuFlora, Rennies Travel, BidAir, First Garment Rental, Boston Laundries, Noonan

Operating across multiple sectors, Services’ comprehensive and diverse range of soft, hard and technical service capabilities creates a unique platform for customised client solutions. Operations span South Africa, the United Kingdom and the Republic of Ireland.

Freight

Revenue
R6 419m
(2018: R6 075m)

Trading profit
R1 369m
(2018: R1 318m)

3 billion+ litres
of bulk liquid products handled

219 500 tons
agricultural bulk storage capacity

220 000m³
warehouse space

Incorporating, amongst others:

Bidvest Tank Terminals, SABT, Bulk Connections, Bidvest Panalpina Logistics, Naval

Leading private sector freight management group in sub-Saharan Africa, drawing on more than 150 years of portside experience. Facilitates the storage, handling and movement of cargo through its independent terminal operations, international clearing and forwarding, logistics and marine services.

Office and Print

Revenue
R9 435m
(2018: R9 305m)

Trading profit
R735m
(2018: R701m)

1.5 billion forms printed

4.5 billion packaging items sold

179 million emails sent by Bidvest Data

Incorporating, amongst others:

Waltons, Konica Minolta, Cecil Nurse, Silveray, Kolok, Lithotech, Lufil, Bidvest Data

Leading distributor, supplier and manufacturer of a comprehensive suite of office products, office automation and office furniture, as well as a provider of outsourced customer communication services.

Commercial Products

Revenue
R9 072m
(2018: R8 920m

Trading profit
R617m
(2018: R710m)

Plumblink product range
10 000+

Produce 18 000 items daily in G Fox factory

Offer broad product range across several domestic appliance categories

Incorporating, amongst others:

Matus, Renttech, Vulcan, Plumblink, GFox, Berzacks, Buffalo Tapes, Home of Living Brands, Yamaha, Academy Brushware

Manufacturing, distribution and trading businesses, representing multiple leading consumer and industrial day-to-day branded products.

Automotive

Revenue
R23 442m
(2018: R24 702m)

Trading profit
R609m
(2018: R602m)

Represents 22 brands

510 121 vehicles
serviced annually

605 280 rental trips sold

Incorporating, amongst others:

Bidvest McCarthy, Bidvest Car Rental, Burchmores

One of South Africa’s largest motor retailers, with a trading history going back more than 100 years. It retails vehicles through a national footprint as well as vehicle auctioneering and operates in the car rental sector.

Financial Services

Revenue
R2 701m
(2018: R2 563m)

Trading profit
R585m
(2018: R632m)

Exchanged notes in
60 currencies

24 million
point-of-sale
transactions

Issued card holders
763 000

Incorporating, amongst others:

Bidvest Bank, Compendium, FMI, Bidvest Wealth and Employee Benefits, Bidvest Insurance, Master Currency

Offers banking, insurance and other financial services such as merchant services, pension fund administration and foreign exchange to the corporate, business and individual segments. Bidvest Bank is a leading second tier bank.

Electrical

Revenue
R5 384m
(2018: R5 695m)

Trading profit
R258m
(2018: R300m)

21 specialist supplier businesses

60 000+
line items

Incorporating, amongst others:

Voltex, Electech, Versalec, Cabstrut, Technilamp, EMS Invirotel, LS Lighting

A leading distributor of a vast array of electrical, cable and allied products, services and solutions. Through the Voltex distribution outlets, we service the industrial, mining, contractor, construction, engineering and retail sectors.