The Bidvest Group Limited ANNUAL INTEGRATED REPORT 2012
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Operational review BIDVEST SOUTH AFRICA

 

  Lindsay Ralphs Chief executive    

 

DIVISIONAL CONTRIBUTION TO
BIDVEST SOUTH AFRICA REVENUE

  The division includes a variety of service and product offerings: freight management, logistics services, terminal operations and marine services; office automation, stationery and furniture; leading motor brands and vehicle auctioneering; travel management solutions, aviation services, airport lounge access and car rental; outsourced cleaning, landscaping services, security as well as specialised services to the industrial sector; hygiene rental equipment, cleaning consumables; laundries; indoor plants; water coolers and light industrial and commercial products; the full range of Yamaha products; consumer appliances, packaging closures and catering equipment; distribution of electrical products and services and a comprehensive range of banking products and services including foreign exchange and insurance; printing and paper conversion products, packaging, IT solutions, labels and wholesale stationery distribution.

“We are confident the business models in our 10 divisions are sustainable in the mid and long term. Experience in the 15 months since the new structure was announced shows us that we have the platform for growth, even in a challenging environment.”

Lindsay Peter Ralphs
Chief executive

Highlights and challenges  
  • Positive revenue and earnings growth in challenging market conditions  
  • Businesses leveraging the Bidvest brand name  
  • Superior performances from Office and Automotive  
  • Financial services a meaningful and growing business  
  • Bolt-on acquisitions sought but regulatory hurdles often delay implementation  
  • Some businesses impacted by competitive tendering  
  • Crime remains a challenge of doing business in South Africa  

 

 

Financial performance


Environmental performance

QUICK LINK: GHG inventory
http://www.bidvest.com/ar/bidvest_ar2012/001.php

Social performance

QUICK LINK: Comparative sustainability data
http://www.bidvest.com/ar/bidvest_ar2012/002.php