Salient features
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Pleasing trading profit
growth up 12,0% to
R3,1 billion -
R1,4 billion
more cash generated
by operations -
Headline earnings
increased by 13,4% to
R1,9 billion -
HEPS up 12,5% to
574,0 cents
per share -
Interim dividend
255,0 cents
per share, up 12,3% -
R4,9 billion
invested in net
acquisitions, capex and
SA infrastructure projects
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Message to shareholders
IntroductionBidvest 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% of Bidvest Namibia and a significant Bidvest-occupied property portfolio. 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.
Read more -
Investment case
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29 years
of consistent trading profit outperformanceHighly entrepreneurial and decentralised management teams supported by lean corporate office
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Financial statements
- Financial statistics
- Condensed consolidated income statement
- Condensed consolidated statement of other comprehensive income
- Condensed consolidated statement of cash flows
- Condensed consolidated statement of financial position
- Condensed consolidated statement of changes in equity
- Condensed segmental analysis