Bidvest continue to grow despite a weak economy
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Bidvest has produced what it calls 'a good result' despite the frail economy. The company reported a 10% rise in interim headline earnings and has increased its interim dividend by 10,6%. That as higher margins made up for a slight up-tick in revenue.
Bidvest’s CEO Lindsay Ralphs spoke to Business Day TV and commented that pockets of activity and opportunities exist across the economy and the group is well positioned to participate in these.
The group has also appointed Mpumi Madisa as CEO designate as part of its succession planning. She will take over from Ralphs in the 2021 financial year.
Bidvest’s CEO Lindsay Ralphs spoke to Business Day TV and commented that pockets of activity and opportunities exist across the economy and the group is well positioned to participate in these.
The group has also appointed Mpumi Madisa as CEO designate as part of its succession planning. She will take over from Ralphs in the 2021 financial year.
