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The Bidvest Group Limited - Press release (Amendment)

Release Date: 18/02/2002 08:46
Code(s): BVT
Wrap Text

Reference is to the announcement released at 07h50 this morning. The following paragraph should have read as follows: Overview
Bidvest reported strong results for the period under review, with an
increase in revenue of 37% to R20 billion (2000: R14 billion) and growth in operating income of 31% to R930 million (2000: R710 million),and the
operating margin of 4,7% similar to that of the comparative period. Headline earnings increased 21% to R639 million (2000: R528 million) and headline earnings per share grew 19% to 215,9 cents (2000: 181,6 cents), despite a higher tax rate and an increased weighted average number of shares in issue.

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