Divisional Overview
Bidvest is a leading business-to-business services, trading and distribution group, operating through six divisions:
Services, Freight, Branded Products, Commercial Products, Financial Services and Automotive. The Group owns a significant and strategic property portfolio largely occupied by Bidvest. Bidvest has a 58% stake in Adcock Ingram (Adcock). Effective May 2020, Bidvest executed its biggest transaction ever when it acquired PHS, a leading hygiene service provider in the UK, Ireland and Spain. 20% of Group trading profit is earned internationally.
Bidvest generates 62% of trading profit from services and 38% from trading and distribution activities
Bidvest services 300 000 customers through 550 facilities
Group B-BBEE level 4 with 58% of individual businesses at level 1 - 3
Trading profit Divisional contribution
FY2021 key financials1
Revenue (%)
Trading profit (%)
EBITDA (%)
Revenue (%)
Revenue R28.9bn 30.8% Growth
EBITDA R4.1bn 14.3% Margin
Trading profit R3.3bn 11.4% Margin
Facilities management
Security
Allied
Travel
Operating across multiple sectors, Services’ comprehensive and diverse range of facilities management capabilities creates a unique platform for customised client solutions
Revenue R6.2bn (1.6%) Growth
EBITDA R1.5bn 24.5% Margin
Trading profit R1.3bn 20.9% Margin
Terminals
Freight logistics
Offers leading private sector freight management in sub- Saharan Africa. Facilitates the storage, handling and movement of cargo through its independent terminal operations, logistics and marine services
Revenue R2.6bn (0.1%) Growth
EBITDA R0.6bn 22.9% Margin
Trading profit R0.3bn 12.5% Margin
Bank
Short-term insurance
Life insurance
Other financial services
Specialists in fleet management and foreign exchange services. Offers insurance and other financial services to the corporate marketss
Revenue R17.8bn 2.7% Growth
EBITDA R1.7bn 9.5% Margin
Trading profit R1.5bn 8.2% Margin
Pharmaceuticals
Office products
Data, print and packaging
Household consumer products
Offers leading branded pharmaceutical, office and household products, and office services
Revenue R14.0bn 17.4% Growth
EBITDA R1.0bn 7.2% Margin
Trading profit R0.9bn 6.6% Margin
Plumbing and
electrical products
Catering
DIY, tools and workwear
Industrial products
Manufacturing, distribution and trading businesses representing well-recognised industrial and consumer day-to-day essential products
Revenue R21.1bn 15.5% Growth
EBITDA R0.7bn 3.2% Margin
Trading profit R0.7bn 3.1% Margin
Vehicle retailing
Vehicle auctioneering
One of South Africa’s largest motor retailers, with a trading history of more than 100 years. It retails vehicles through a national footprint as well as vehicle auctioneering