Turning ordinary companies into extraordinary performers, delivering strong and consistent shareholder returns in the process, while understanding that people create wealth, companies only report it
Founded in 1988 and listed on the JSE Limited in Johannesburg SA, Bidvest is a leading industrial group with over 250 individual businesses and employs over 125 000 people in SA, the United Kingdom (UK), Republic of Ireland (Ireland), Spain and Australia.
The Group has an entrenched functional governance structure with an unwavering ethical foundation, a strong balance sheet and a focused Environmental, Social and Governance Framework (ESG Framework) with specified targets. Bidvest encourages a performance-driven business model that continuously seeks scale and growth.
Our strategy over the last 34 years has remained true to our diversified offering. We have developed businesses that align to the concept of providing goods and services with a focused B2B philosophy. Our diversified portfolio operates in two segments – business services, and trading and distribution – through seven divisions. Bidvest’s diversity is its strength as it empowers businesses to act as catalysts for value creation.
Empowering Entrepreneurship
Committed to Customers
Driven by Excellence
Creating Social Value
Leading by Example
Functional governance structure
Seven divisions
ESG Framework
Decentralised and diverse portfolio
Performance driven culture
Financial strength
Scale and growth
Responsible stewardship
Key drivers:
Risks:
Trading profit
R9.7bn
+23%
Normalised HEPS
1 601.5 cents
+24%
Total dividends for the year
744 cents
+24%
Cash generated by operations
R11.5bn
ROFE up to
37.6%
Increased capacity to execute international growth strategy
93% of our SA employees are black and 47% are female; 83% of the management appointments black, 44% female
5 596 people on development programmes; 406 learners absorbed permanently
R149m spent on employee & community support programs
R8bn, +60%, procured from black‑owned SME
Environmental footprint reduced