Bidvest’s profit jumps as it sees signs economy is recovering
Record maize exports and rising demand for vehicles helped grow trading yields almost a quarter
28 February 2022 - 08:58
UPDATED 02 March 2022 - 08:45
As industrial giant Bidvest grows its profits, CEO Mpumi Madisa says the upcoming fiscal year will be laced with strategic acquisitions that will beef up its elaborate portfolio and increase shareholder value.
Bidvest, which has interests spanning a range from cleaning services to vehicles and freight management, says it is seeing signs SA’s economy is returning to normal, with trading profit jumping almost a quarter in the six months to end-December...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.