Financial highlights and results


Annual report for the year ended June 30 2009




R112,4 billion     Revenue
1,8% increase
       
R5,1 billion     Trading profit
3,7% decrease
       
930,0 cents     Headline earnings per share
12,9% decrease
       
R6,8 billion     Cash generated by operations
10,9% increase
       
380,0 cents     Distribution per share
23,2% decrease


Share price performance

  Bidvest relative to adjusted financial and industrial index
  Bidvest relative to adjusted industrial index

The graph represents Bidvest’s share price performance relative to indices which have been adjusted to give a more meaningful comparison to that of its peer group. A major constituent of the indices, Richemont Securities AG and its offshoots, has been excluded from the adjusted indices as its business is offshore and in completely different markets.

Market capitalisation as at June 30 2009 was R32,5 billion (2008: R32,6 billion).

Net market capitalisation (treasury shares excluded) as at June 30 2009 was R29,5 billion (2008: R29,6 billion).

R1 000 invested at the start of Bidvest in 1988 with capital and dividend distributions re-invested, would be worth an estimated R337 589, a compound return of 33% per year. Bidvest is listed on the JSE, South Africa in the Industrial – business support services sector.