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THE BIDVEST GROUP LIMITED - Trading statement for the financial year ended 30 June 2017

Release Date: 21/08/2017 07:05
Code(s): BVT     PDF:  
Wrap Text
Trading statement for the financial year ended 30 June 2017

BIDVEST GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number: 1946/021180/06
ISIN: ZAE000117321
Ordinary share code: BVT
(“Bidvest” or “the Company”)

TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2017


Bidvest is currently finalising its financial results for the year ended 30 June 2017. These
results are expected to be released on SENS on or about 28 August 2017.
Bidvest’s HEPS from continuing operations is expected to be between 4% - 6% (1096 cents -
1117 cents) higher than the 1054 cents reported in the prior comparative period.

Bidvest’s basic EPS from continuing operations is anticipated to be 100% - 110% (1386 cents
- 1455 cents) higher than the 693 cents reported in the prior comparative period. The
difference in the increase between HEPS and EPS is primarily due to fair value capital gains
arising from an increase in the market values of associate companies Adcock Ingram Holdings
Limited and Comair Limited.

The financial information on which this trading statement is based has not been reviewed or
reported on by the Bidvest auditors.


Johannesburg

21 August 2017

Sponsor: Investec Bank Limited

Date: 21/08/2017 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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