Financial highlights and results
Annual report for the year ended June 30 2009
The graph represents Bidvest’s share price performance relative to indices which have been adjusted to give a more meaningful comparison to that of its peer group. A major constituent of the indices, Richemont Securities AG and its offshoots, has been excluded from the adjusted indices as its business is offshore and in completely different markets. Market capitalisation as at June 30 2009 was R32,5 billion (2008: R32,6 billion). Net market capitalisation (treasury shares excluded) as at June 30 2009 was R29,5 billion (2008: R29,6 billion). R1 000 invested at the start of Bidvest in 1988 with capital and dividend distributions re-invested, would be worth an estimated R337 589, a compound return of 33% per year. Bidvest is listed on the JSE, South Africa in the Industrial – business support services sector. |
Bidvest's vision lies in the realm of possibility
“Bidvest people put in a resilient performance and the Group achieved a creditable result.”
statement
“We refuse to participate in the recession and salute our employees for their efforts in exceptionally difficult trading conditions.”