Bidvest releases good results. Increases dividends by 10.6%

We employ 134 000 people. The majority are women… but at the corporate level… you’ll find more than 50% are female…

Lindsay Ralphs, CEO - Bidvest

Bidvest on Monday reported a 10% rise to R2.1 billion in headline earnings for the six months to the end of December 2018.

Trading profits are up 6.3% to R3.3 billion.

Headline earnings per share increased by 9.6% to 629.1 cents.

Bidvest declared an interim dividend of 282 cents per share (up 10.6%).

The Money Show’s Bruce Whitfield interviewed Lindsay Ralphs, CEO at Bidvest.

Ralphs discussed Bidvest's results and his replacement, Mpumi Madisa, who will become the youngest CEO of a Top-40 company.

Listen to the interview in the audio below.

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This article first appeared on 702 : Bidvest releases good results. Increases dividends by 10.6%


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