The Bidvest Group

Divisional Overview

Bidvest operates via seven core divisions and holds investments in Bidvest Namibia (52.0% stake), Bidvest Properties (114 strategic, Group-occupied properties), Adcock Ingram (38.5% stake), Comair (27.2% stake). Operations are primarily in South Africa with Noonan currently presenting the offshore exposure (2018: 6.8% of revenue; 4.4% of trading profit).

Bidvest generates 63% of trading profit from services and 37% from trading and distribution activities.

Bidvest service 170 000 customers through 500 facilities.

B-BBEE level 3 with 50% of individual businesses at a level 1-2.

revenue and trading profit pies


1988
established
R77,0 bn
revenue
0.8x
net debt/EBITDA
R9,4 bn
cash generated
R30,3 bn
funds employed
130 877
employees

* As at 30 June 2017

Divisional structure
  • SERVICES

    SERVICES
  • FREIGHT

    FREIGHT
  • COMMERCIAL PRODUCTS

    COMMERCIAL PRODUCTS
  • OFFICE AND PRINT

    SERVICES
  • FINANCIAL SERVICES

    FINANCIAL SERVICES
  • AUTOMOTIVE

    AUTOMOTIVE
  • ELECTRICAL

    ELECTRICAL

SERVICES

    SERVICES (31%)

  • Revenue
    R18 968m
    (2017: R13 138m) Trading profit
    R1 992m
    (2017: R1 577m)

    Operating across multiple sectors, Services' comprehensive and diverse range of soft and hard service capabilities creates a unique platform for customised client solutions. Operations span SA, UK and the Republic of Ireland.

  • 28 500 buildings serviced

    520 technically qualified personnel

    Moved 8 million
    passengers through lounges and boarding gates at all SA airports

  • Incorporating, amongst others
    Steiner, Prestige, Protea Coin, Pureau, ExecuFlora, Rennies Travel, BidAir, First Garment Rental, Boston Laundries, Noonan

FREIGHT

    FREIGHT (20%)

  • Revenue
    R5 713m
    (2017: R4 987m)

    Trading profit
    R1 304m
    (2017: R1 070m)

    Leading private sector freight management group in sub-Saharan Africa, drawing on more than 150 years of portside experience. Facilitates the storage, handling and movement of cargo through its independent terminal operations, international clearing and forwarding, logistics and marine services.

  • 3 billion+ litres of bulk liquid products handled

    219 500 tons agricultural bulk storage capacity

    220 000m3
    warehouse space

  • Incorporating, amongst others
    Bidvest Tank Terminals, SABT, Bulk Connections, Bidvest Panalpina, Naval

COMMERCIAL PRODUCTS

    COMMERCIAL PRODUCTS (11%)

  • Revenue
    R8 920m
    (2017: R8 025m)

    Trading profit
    R710m
    (2017: R689m)

    Manufacturing, distribution and trading businesses, representing multiple leading consumer and industrial day-to-day branded products.

  • Plumblink product range
    10 000+

    Produce 18 000 items daily in G Fox factory

    Offer broad product range across several domestic appliance categories

  • Incorporating, amongst others
    Matus, Renttech, Vulcan, Plumblink, G Fox, Berzacks, Buffalo Tape, Home of Living Brands, Russel Hobbs, Yamaha, Academy Brushware

OFFICE AND PRINT

    OFFICE AND PRINT (11%)

  • Revenue
    R9 305m
    (2017: R9 671m) Trading profit

    R701m
    (2017: R658m)

    Leading distributor, supplier and manufacturer of a comprehensive suite of office products, office automation and office furniture, as well as a provider of outsourced customer communication services.

  • 250 000
    Waltons back to school packs delivered

    10 million writing instruments sold

    175 million
    emails sent by Bidvest Data

  • Incorporating, amongst others
    Waltons, Konica Minolta, Cecil Nurse, Silveray, Kolok, Lithotech, Lufil, Bidvest Data

FINANCIAL SERVICES

    FINANCIAL SERVICES (10%)

  • Revenue
    R2 563m
    (2017: R4 009m)

    Trading profit
    R632m
    (2017: R625m)

    Comprises Bidvest Bank, the Bidvest Insurance Group and other financial services such as merchant services, pension fund administration and foreign exchange to the corporate, business and individual segments. Bidvest Bank is a leading second tier bank.

  • Exchanged notes in
    60 currencies

  • Incorporating, amongst others
    Bidvest Bank, Compendium, FMI, Glassock & Associates, Bidvest Insurance, Master Currency

AUTOMOTIVE

    AUTOMOTIVE (9%)

  • Revenue
    R24 702m
    (2017: R24 182m)

    Trading profit
    R602m
    (2017: R663m)

    One of South Africa's largest motor retailers, with a trading history going back more than 100 years. It retails vehicles through a national footprint as well as vehicle auctioneering and operates in the car rental sector.

  • Represents
    26 brands

    500 000+ vehicles serviced annually

    83
    dealerships

  • Incorporating, amongst others
    Bidvest McCarthy, Bidvest Car Rental, Burchmores

ELECTRICAL

ELECTRICAL (5%)

  • Revenue
    R5 695m
    (2017: R5 667m)

    Trading profit
    R300m
    (2017: R350m)

    Bidvest Electrical is a leading distributor of a vast array of electrical, cable and allied products, services and solutions. Through the Voltex distribution outlets, we service the industrial, mining, contractor, construction, engineering and retail sectors.

  • 21 specialist supplier businesses

    5x2 MVA containerised generators installed

    60 000+
    line items

  • Incorporating, amongst others
    Voltex, Electech, Versalec, Cabstrut, Technilamp, EMS Invirotel, IS Lighting

Bidvest Namibia

Bidvest Namibia (52%)

Bidvest Properties

Properties (100%)