Bidvest Group Ltd 2018 IR
The report highlights Bidvest's performance for the fiscal year 2018, marking its 30th anniversary of homegrown entrepreneurship. The company achieved an 8.2% increase in trading profit and a 12.5% growth in normalised HEPS, driven by strong performances in its Freight and Services divisions. Bidvest expanded its international footprint with the acquisition of Noonan and USS, investing R4 billion in acquisitions overall. The company also made significant progress in transformation, with 80% of its businesses achieving Level 1 to 4 B-BBEE ratings. Environmental initiatives included a 13% reduction in water usage and a 19% reduction in Scope 1 carbon emissions.
Company: Bidvest Group Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2018
Type: IR
Pages: 76
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Bidvest Group Ltd
Integrated Report
The report highlights Bidvest's performance for the fiscal year 2018, marking its 30th anniversary of homegrown entrepreneurship. The company achieved an 8.2% increase in trading profit and a 12.5% growth in normalised HEPS, driven by strong performances in its Freight and Services divisions. Bidvest expanded its international footprint with the acquisition of Noonan and USS, investing R4 billion in acquisitions overall. The company also made significant progress in transformation, with 80% of its businesses achieving Level 1 to 4 B-BBEE ratings. Environmental initiatives included a 13% reduction in water usage and a 19% reduction in Scope 1 carbon emissions.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees