Bidvest expects jump in full-year profit

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Conglomerate sees headline earnings per share for the period to end-June rising as much as 22% from a year earlier 🔒

Industrial conglomerate Bidvest, whose diverse interests include freight management and industrial products, said full-year profit will rise by as much as a fifth without giving reasons.

Headline earnings per share are expected to increase 18%-22% from a year earlier to 1,414c-1,462c and HEPS from continuing operations — which excludes the disposed Bidvest Car Rental — by 20%-24% to 1,420c-1,467c, the group said on Tuesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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