Bidvestâs executive management are today briefing stakeholders, including shareholders and financial analysts,
on the performance of the Group for the ten months ended 30 April 2021.
The year-to-date performance has been exceptionally pleasing as the Groupâs operating and financial
performance exceeded pre-pandemic comparatives. Sequential trading profit growth accelerated in almost all
businesses, supported by excellent cash generation, as the benefits of decentralisation and agility materialised.
All divisions delivered improved performances compared to the interim period. This is set to accelerate because
of the limited demand and restricted trade activity in the last quarter of FY2020.
While this update covers the first ten months of the financial year, it is already clear that earnings will exceed