Salient features

  • Headline earnings
    increased by 10.0% to
    R2.1 billion

  • HEPS up 9.6% to
    629.1 cents
    per share

  • Trading profit growth,
    up 6.3% to
    R3.3 billion

  • Normalised HEPS
    635.7 cents
    per share

  • Interim dividend of
    282 cents
    per share, up 10.6%

  • Strong balance sheet maintained with conservative gearing

Key financial statistics

Contribution to revenue
Contribution to trading profit

Message to shareholders



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 66.0% 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%) (MIAL), as well as other listed and unlisted investments.