Salient features
-
Trading profit
up 8.2% to
R6.5 billion -
Five of the seven divisions grew trading profit despite challenging economic conditions
-
Strong earnings growth in associate companies
-
Headline earnings
increased by 11.9% to
R4.1 billion -
HEPS
increased by 11.1% to
1 231.6 cents -
Normalised HEPS
increased by
12.5%
Key financial statistics
Contribution to revenue

Contribution to trading profit


Message to shareholders
Introduction
Bidvest is a leading business-to-business trading, distribution and services group, operating through seven divisions: Services, Freight, Automotive, Office and Print, Commercial Products, Financial Services and Electrical. The Group owns 52.0% of Bidvest Namibia and a significant Bidvest property portfolio, occupied largely by Bidvest companies. Bidvest continues to hold investments in Adcock Ingram (38.5%), Comair (27.2%) and Mumbai Airport (6.75%), as well as other listed and unlisted investments.