Bidvest Group Ltd. 2024 IR
The report highlights Bidvest's strong financial and operational performance for the fiscal year 2024, with revenue increasing by 6.7% to R122.6 billion and trading profit rising by 8.5% to R12.4 billion. The company expanded its global footprint through eleven acquisitions, notably doubling its facilities management presence in Australia and entering the Singapore hygiene market. Bidvest made significant progress on its ESG Framework, achieving a 30% reduction in its Lost-Time Injury Frequency Rate and reducing carbon and water intensity by 39% and 43% respectively compared to FY2019. Additionally, the Group decided to divest from Bidvest Bank and FinGlobal to recycle capital for future growth.
Company: Bidvest Group Ltd.
Sector: Wholesale & retail
Country: South Africa
Year: 2024
Type: IR
Pages: 96
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Bidvest Group Ltd.
Integrated Report
The report highlights Bidvest's strong financial and operational performance for the fiscal year 2024, with revenue increasing by 6.7% to R122.6 billion and trading profit rising by 8.5% to R12.4 billion. The company expanded its global footprint through eleven acquisitions, notably doubling its facilities management presence in Australia and entering the Singapore hygiene market. Bidvest made significant progress on its ESG Framework, achieving a 30% reduction in its Lost-Time Injury Frequency Rate and reducing carbon and water intensity by 39% and 43% respectively compared to FY2019. Additionally, the Group decided to divest from Bidvest Bank and FinGlobal to recycle capital for future growth.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
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
Women on Board
Women in Management
Workplace Fatalities
Employees