Results for the half-year ended December 31 2009 showed a rise of 9,0% in Bidvest’s headline earnings per share (HEPS).
Cash generated by operations rose 229,7% to R3,0 billion.

Bidvest anticipates headline earnings per share (HEPS) for the six month period ended December 31 2009 to be up by between 8% and 10% on the previous interim period, after the expensing of R53,4 million of acquisition costs in respect of the eastern European acquisitions, Nowaco and Farutex. These acquisition costs would have been previously capitalised to the cost of investment but in terms of the revised IFRS3 accounting standard are now included as an expense in headline earnings. If HEPS were to be adjusted for the impact of these acquisition costs, HEPS would be up by between 12% and 14%.

BIDVEST, the international services, trading and distribution group, today (Wed. October 21) announced in a joint-statement with Gauteng Cricket Board that it has secured the naming rights to Wanderers cricket stadium for the next five years.

BIDVEST, the international services, trading and distribution group, has been named one of the world’s top 40 companies in the authoritative global rankings published by management consulting firm A T Kearney and BusinessWeek.

Bidvest Namibia, the consolidation of Bidvest’s businesses in Namibia, is scheduled to list on the Namibian Stock Exchange on October 26 2009.

Our Namibian assets – which include fishing and similar commercial businesses to those of Bidvest in South Africa - have been successfully consolidated ahead of the listing. A transformation dynamic has been built into the Namibian business ahead of the listing with the aim of giving an empowerment lead to the new nation's private sector. Bidvest Namibia will be one of the largest listed companies on the Namibian Stock Exchange. The businesses include a broad spectrum of well-recognised brands with the operations being divided into two holding companies, Bidfish and Bidcom.

In extremely challenging economic conditions respectable trading results have been achieved. Bidvest’s headline earnings per share decline by 12,9% for year to June 2009.

Bidvest expands its foodservice interests into Central and Eastern Europe.
BIDVEST, the international services, trading and distribution group, today (August 3 2009) announced a major expansion of its international foodservice interests.

RISE IN BASIC EARNINGS PER SHARE

Bidvest's basic earnings per share rise 8,7% for half-year to December 2008. Trading profit rises 6,4% to R2,6 billion.

Results for the half year ended December 31 2008 Revenue +11,3% to R60,0 billion Trading profit +6,4% to R2,6 billion Basic earnings per share +8,7% to 530,4 cents Headline earnings per share -8,9% to 454,0 cents Distributions per share -13,6% to 190,0 cents

 In compliance with Rules 3.59b of the JSE Listing Requirements, the following information is disclosed: Mr David Edward Cleasby, Group Financial Director, has been appointed as Company

Bidvest anticipates headline earnings per share (HEPS) for the six months ended December 31 2008 to be down 9% on the previous interim period. Earnings per share (EPS) are anticipated to be up by 9%.