Announcement • Mar 04
The Bidvest Group Limited (JSE:BVT) acquired Cleanbio Hygiene Pte Ltd for SGD 1.7 million. The Bidvest Group Limited (JSE:BVT) acquired Cleanbio Hygiene Pte Ltd for SGD 1.7 million in the period ended on December 31, 2025. A cash consideration of SGD 1.7 million will be paid by The Bidvest Group Limited. As part of consideration, SGD 1.7 million is paid towards common equity of Cleanbio Hygiene Pte Ltd. In a related transaction, The Bidvest Group Limited acquired Arepla during the same period. The transaction was funded through existing facilities and cash resources.
The Bidvest Group Limited (JSE:BVT) completed the acquisition of Cleanbio Hygiene Pte Ltd in the period ended on December 31, 2025. Announcement • Mar 03
The Bidvest Group Limited Declares Interim Gross Cash Dividend for the Six Months Ended 31 December 2025, Payable on 30 March 2026 The Bidvest Group Limited announced in line with the group dividend policy, the directors have declared an interim gross cash dividend of 495.0 ZAR cents (396.0 ZAR cents net of dividend withholding tax, where applicable) per ordinary share for the six months ended 31 December 2025 to those members registered on the record date, being 27 March 2026. The dividend has been declared from income reserves. A dividend withholding tax of 20% will be applicable to all shareholders who are not exempt. Payment date is 30 March 2026. Last day to trade cum dividend is 24 March 2026. First day to trade ex-dividend is 25 March 2026. Announcement • Dec 04
The Bidvest Group Limited Approves Social, Ethics & Transformation Committee Election The Bidvest Group Limited at its AGM held on December 1, 2025, approved election of Ms. FN Khanyile as chair of Social, Ethics & Transformation committee and Mr. BF Mohale, Ms. L Boyce, Ms. MG Khumalo, Ms. NT Madisa, Mr. MJ Steyn, Ms. GC McMahon as members of Social, Ethics & Transformation committee. Announcement • Oct 29
The Bidvest Group Limited, Annual General Meeting, Dec 01, 2025 The Bidvest Group Limited, Annual General Meeting, Dec 01, 2025. Location: bidvest house, 18 crescent drive, melrose arch, 2196, johannesburg, South Africa Announcement • Sep 01
the Bidvest Group Limited Declares Final Gross Cash Dividend for the Year Ended June 30, 2025, Payable on 29 September 2025 The Bidvest Group Limited declared a final gross cash dividend of 453.00000 cents (362.40000 cents net of dividend withholding tax, where applicable) per ordinary share for the year ended 30 June 2025 to those members registered on the record date, being Friday, 26 September 2025. Declaration date: 1 September 2025; Last day to trade cum dividend: 22 September 2025; Record date: 26 September 2025; Payment date: 29 September 2025. Announcement • Oct 26
The Bidvest Group Limited, Annual General Meeting, Nov 29, 2024 The Bidvest Group Limited, Annual General Meeting, Nov 29, 2024. Location: bidvest house, 18 crescent drive, melrose arch, 2196, johannesburg South Africa Recent Insider Transactions • Sep 29
CFO & Executive Director recently sold €870k worth of stock On the 25th of September, Mark Steyn sold around 58k shares on-market at roughly €14.96 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Announcement • Sep 25
The Bidvest Group Limited Announces Retirement of Norman W Thomson as Non-Executive Director, Remuneration Committee Chairperson and Member of the Audit Committee The Bidvest Group Limited announced that Norman W Thomson, shall be retiring from the board as non-executive director, Remuneration Committee Chairperson and member of the Audit Committee at the conclusion of forthcoming annual general meeting in line with the retirement by rotation
provisions of the Company's memorandum of incorporation. Upcoming Dividend • Sep 18
Upcoming dividend of R4.47 per share Eligible shareholders must have bought the stock before 25 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.6%). Announcement • Sep 11
The Bidvest Group Limited Appoints Daniel Masata as Independent Non- Executive Director and Member of the Risk and Acquisition Committees The Bidvest Group Limited announced the appointment of Daniel Masata as an independent non- executive director and member of the Risk and Acquisition Committees effective 9 September 2024. Daniel is Founder and CEO at Volonte, a leading Enterprise Change Management (ECM) platform, and Skill Principals, a boutique consulting platform focused on the Extended Workforce Ecosystem and Future of Work. He has in excess of 12 years senior executive experience at Adecco Group, a Fortune 500 company. Buy Or Sell Opportunity • Sep 09
Now 20% undervalued Over the last 90 days, the stock has risen 18% to €13.90. The fair value is estimated to be €17.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period. Declared Dividend • Sep 04
Final dividend of R4.47 announced Shareholders will receive a dividend of R4.47. Ex-date: 25th September 2024 Payment date: 30th September 2024 Dividend yield will be 33%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Sep 03
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (158% cash payout ratio). Announcement • Sep 02
The Bidvest Group Limited Declares Final Gross Cash Dividend for the Year Ended June 30, 2024, Payable on September 30, 2024 The Bidvest Group Limited declared a final gross cash dividend of 447 cents (357.60000 cents net of dividend withholding tax, where applicable) per ordinary share for the year months ended 30 June 2024 to those members
registered on the record date, being September 27, 2024. The dividend has been declared from income reserves. Payment date: September 30, 2024. Buy Or Sell Opportunity • Aug 06
Now 20% undervalued Over the last 90 days, the stock has risen 1.6% to €12.70. The fair value is estimated to be €15.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period. Upcoming Dividend • Mar 19
Upcoming dividend of R4.67 per share Eligible shareholders must have bought the stock before 26 March 2024. Payment date: 02 April 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.6%). Declared Dividend • Mar 06
First half dividend of R4.67 announced Shareholders will receive a dividend of R4.67. Ex-date: 26th March 2024 Payment date: 2nd April 2024 Dividend yield will be 40%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 04
The Bidvest Group Limited Declares Interim Gross Cash Dividend for the Six Months Ended 31 December 2023, Payable on 2 April 2024 The Bidvest Group Limited announced that the directors have declared an interim gross cash dividend of 467 cents (373.60000 cents net of dividend withholding tax, where applicable) per ordinary share for the six months ended 31 December 2023. First day to trade ex-dividend: 26 March 2024, Record date: 28 March 2024 and Payment date: 2 April 2024. Announcement • Nov 29
The Bidvest Group Limited to Report First Half, 2024 Results on Mar 04, 2024 The Bidvest Group Limited announced that they will report first half, 2024 results on Mar 04, 2024 Announcement • Oct 28
The Bidvest Group Limited, Annual General Meeting, Nov 28, 2023 The Bidvest Group Limited, Annual General Meeting, Nov 28, 2023, at 10:00 South Africa Standard Time. Location: Bidvest House, 18 Crescent Drive, Melrose Arch Johannesburg South Africa Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Khumo Shuenyane was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 22
The Bidvest Group Limited (JSE:BVT) acquired Consolidated Property Services (Australia) Pty Ltd. The Bidvest Group Limited (JSE:BVT) acquired Consolidated Property Services (Australia) Pty Ltd on September 20, 2023. All the conditions have been fulfilled and the purchase consideration is settled using the Bidvest Group's international funding facilities. Merrill Lynch South Africa (Pty) Limited acted as financial advisor, Gilbert and Tobin acted as legal advisor, Deloitte South Africa acted as Transactional services advisor and Investec Bank Limited acted as Sponsor to Bidvest. Moelis Australia Securities Pty Ltd. acted as financial advisor and Mills Oakley Lawyers Pty Ltd acted as legal advisor to Consolidated Property Services. Deloitte Africa acted as the advisor to The Bidvest Group Limited (JSE:BVT). The Bidvest Group Limited (JSE:BVT) completed the acquisition of Consolidated Property Services (Australia) Pty Ltd on September 20, 2023. Upcoming Dividend • Sep 20
Upcoming dividend of R4.39 per share at 3.2% yield Eligible shareholders must have bought the stock before 27 September 2023. Payment date: 02 October 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.3%). Announcement • Aug 22
The Bidvest Group Limited Provides Group Earnings Guidance for the Year Ended June 30, 2023 The Bidvest Group Limited provided group earnings guidance for the year ended June 30, 2023. Group headline earnings per share (HEPS) is expected to be between 22% and 26% higher compared to the prior year (Fiscal year 2022: 1,442.0 cents), translating into a range of between 1,759 cents and 1,817 cents. Normalised HEPS is expected to be 15% to 19% higher compared to the prior year (Fiscal year 2022: 1,601.5 cents), translating into normalised HEPS of between 1,842 cents and 1,906 cents. This measure excludes acquisition costs, amortisation of acquired customer contracts, and in the base, the impact of a higher corporate tax rate in the UK on Group deferred tax. Group basic earnings per share (EPS) is expected to be between 15% and 19% higher compared to the 1,492.2 cents reported in the prior year. This is translating into a range of between 1,716 cents and 1,776 cents. This is the result of a capital loss on the sale of T&C Namibia and other impairments compared to a capital profit on the disposal of a property in the base. Upcoming Dividend • Mar 22
Upcoming dividend of R4.37 per share at 3.1% yield Eligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.1%). Recent Insider Transactions • Oct 27
CFO & Executive Director recently sold €185k worth of stock On the 24th of October, Mark Steyn sold around 16k shares on-market at roughly €11.32 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Upcoming Dividend • Sep 21
Upcoming dividend of R3.64 per share Eligible shareholders must have bought the stock before 28 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%). Announcement • Sep 15
The Bidvest Group Limited, Annual General Meeting, Nov 25, 2022 The Bidvest Group Limited, Annual General Meeting, Nov 25, 2022. Reported Earnings • Sep 07
Full year 2022 earnings released Full year 2022 results: Revenue: R99.9b (up 13% from FY 2021). Net income: R5.07b (up 32% from FY 2021). Profit margin: 5.1% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrials industry in Europe. Announcement • Sep 07
The Bidvest Group Limited Declares Final Gross Cash Dividend for the Financial Year Ended 30 June 2022, Payable on 3 October 2022 The Bidvest Group Limited announced that in line with the Group dividend policy, the directors have declared a final gross cash dividend of 364 ZA cents (291.2000 ZA cents net of dividend withholding tax, where applicable) per ordinary share for the financial year ended 30 June 2022 to those members registered on the record date, being 30 September 2022. Payment date is 3 October 2022. Announcement • Jul 08
The Bidvest Group Limited (JSE:BVT) acquired B.I.C. Services Pty. Limited for an enterprise value of AUD 160 million. The Bidvest Group Limited (JSE:BVT) acquired B.I.C. Services Pty. Limited for an enterprise value of AUD 160 million on July 7, 2022. Investec Bank Limited sponsored the transaction. Deloitte Africa acted as transaction service advisor to Bidvest Group. Baker & McKenzie South Africa and Alchemy Law Africa acted as legal advisor to Bidvest Group. Moelis Australia Securities Pty Ltd. acted as financial advisor to B.I.C. Services. Gilbert and Tobin acted as legal advisor to B.I.C. Services.
The Bidvest Group Limited (JSE:BVT) completed the acquisition of B.I.C. Services Pty. Limited on July 7, 2022. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Faith Khanyile was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 16
Upcoming dividend of R3.80 per share Eligible shareholders must have bought the stock before 23 March 2022. Payment date: 28 March 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (3.1%). Announcement • Feb 28
The Bidvest Group Limited Announces Cash Dividend Declaration for the Six Months Ended 31 December 2021, Payable March 28, 2022 The Bidvest Group Limited announced cash dividend declaration for the six months ended 31 December 2021. Gross cash dividend amount per share 380.0000 cents. Net dividend amount per share 304.0000. Record date: 25 March 2022. Payment date: 28 March 2022. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 18% share price gain to €12.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Industrials industry in Europe. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.70 per share. Board Change • Feb 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Faith Khanyile was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 22
Upcoming dividend of R3.10 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 October 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.4%). Announcement • Aug 24
The Bidvest Group Limited Updates Earnings Guidance for the Financial Year to 30 June 2021 The Bidvest Group Limited updated earnings guidance for the financial year to 30 June 2021. For the year, in the trading statement and business update issued on 1 June 2021, the company indicated that it was already clear that Group headline earnings per share and earnings per share for the financial year to 30 June 2021 are expected to be more than 20% higher compared to the previous year. In this statement, the company issue specific guidance: Group HEPS is expected to be more than 200% higher compared to the prior year (FY20: 394.0 cents), translating into a range of between 1,180 cents and 1,220 cents. The prior year includes operational losses recognized for the discontinued Bidvest Car Rental. HEPS from continuing operations, which excludes the now disposed Bidvest Car Rental, is expected to be more than 100% higher compared to the prior year (FY20: 553.2 cents), translating into a range of between 1,154 cents and 1,213 cents. Normalized headline earnings per share (HEPS) from continuing operations is expected to be 23% to 28% higher compared to the prior year (FY20: 1,028.3 cents), translating into normalized HEPS of between 1,260 cents and 1,324 cents. This measure excludes COVID-19 expenses, acquisition costs and amortization of acquired customer contracts. Basic earnings per share (EPS) from continuing operations is expected to be between 1,100 cents and 1,160 cents compared to the 49.8 cents reported in FY20. The prior year was impacted by ZAR 1.2 billion COVID- 19 expenses, ZAR 218 million negative Adcock Ingram remeasurement impact, the ZAR 241 million capital
impairment recognized for Comair and ZAR 1.2 billion in capital impairments and business disposals. Group basic EPS is expected to be between 1,100 cents and 1,160 cents compared to the previous year loss of 136.6 cents. This is the result of the items described under Basic EPS as well as the operational losses and impairments recognized for the discontinued Bidvest Car Rental in the FY20 base. Executive Departure • Aug 19
Group Company Secretary Ilze Roux has left the company On the 10th of August, Ilze Roux's tenure as Group Company Secretary ended after 2.8 years in the role. We don't have any record of a personal shareholding under Ilze's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Executive Departure • Jul 13
Independent Non-Executive Director Myles John Ruck has left the company On the 30th of June, Myles John Ruck's tenure as Independent Non-Executive Director ended after 1.7 years in the role. We don't have any record of a personal shareholding under Myles John's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.17 years. Announcement • Jun 02
The Bidvest Group Limited Provides Financial Guidance for the Financial Year to 30 June 2021 The Bidvest Group Limited provided financial guidance for the financial year to 30 June 2021. The company announced that Group headline earnings per share and earnings per share for the financial year to 30 June 2021 are expected to be more than 20% higher compared to the previous year. Announcement • Apr 27
National Aviation Service WLL, Colossal Africa Infrastructure (Pty) Ltd and consortium comprised of the executive management team of Bidair Services, have signed an agreement to acquire BidAir Services from the Bidvest Group. National Aviation Service WLL, Colossal Africa Infrastructure (Pty) Ltd and consortium comprised of the executive management team of Bidair Services, have signed an agreement to acquire BidAir Services from the Bidvest Group on April 26, 2021. Pursuant to this acquisition, BidAir Services will join the largest airport services network in Africa - NAS. The closing of the acquisition is subject to fulfilling final requirements from the Airports Company of South Africa (ACSA) that manages South African airports as well as other regulatory approvals. Executive Departure • Apr 08
Independent Non-Executive Director has left the company On the 1st of April, Alexander Maditse's tenure as Independent Non-Executive Director ended after 9.0 years in the role. We don't have any record of a personal shareholding under Alexander's name. A total of 3 executives have left over the last 12 months. Executive Departure • Apr 02
Lead Independent Director has left the company On the 1st of April, Eric Diack's tenure as Lead Independent Director ended after 9.0 years in the role. We don't have any record of a personal shareholding under Eric's name. A total of 2 executives have left over the last 12 months. Upcoming Dividend • Mar 17
Upcoming Dividend of R2.90 Per Share Will be paid on the 29th of March to those who are registered shareholders by the 24th of March. The trailing yield of 3.3% is in the top quartile of German dividend payers (3.3%), and it is higher than industry peers (2.6%). Announcement • Mar 14
The Bidvest Group Limited Announces Board Changes The Bidvest Group Limited announced the appointment, effective 12 March 2021, of Ms. Sindisiwe Ntombenhle (Sindi) Mabaso-Koyana and Ms. Lulama Boyce as independent non-executive directors to the Bidvest board. The new non-executive directors will be appointed to the following Bidvest board sub-committees: Sindi to the Audit committee as chair, Risk committee and Acquisitions committee; and Lulama to the Audit committee, Nominations committee and Remuneration committee as well as the Social and Ethics committee. Messrs. Eric Diack and Alex Maditse, both of whom have been independent non-executive directors on the board for nine years, will retire from the Bidvest Board effective 1 April 2021, as per the Group director tenure policy. Dr. Renosi Mokate will replace Mr. Eric Diack as the lead independent director and Mr. Alex Maditse as chair of the Risk committee. Is New 90 Day High Low • Mar 12
New 90-day high: €9.95 The company is up 14% from its price of €8.70 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.15 per share. Is New 90 Day High Low • Feb 06
New 90-day high: €9.40 The company is up 29% from its price of €7.30 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.35 per share. Is New 90 Day High Low • Dec 16
New 90-day high: €9.30 The company is up 23% from its price of €7.55 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.98 per share. Is New 90 Day High Low • Nov 05
New 90-day high: €7.65 The company is up 16% from its price of €6.60 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.36 per share. Announcement • Aug 16
The Bidvest Group Limited to Report Fiscal Year 2020 Results on Sep 14, 2020 The Bidvest Group Limited announced that they will report fiscal year 2020 results on Sep 14, 2020 Announcement • Jul 31
The Bidvest Group Limited (JSE:BVT) acquired UAV and Drone Solutions Proprietary Limited for ZAR 500 million. The Bidvest Group Limited (JSE:BVT) acquired UAV and Drone Solutions Proprietary Limited for ZAR 500 million on March 1, 2019. The purchase price was funded from existing cash resources and facilities.
The Bidvest Group Limited (JSE:BVT) completed the acquisition of UAV and Drone Solutions Proprietary Limited on March 1, 2019. Announcement • Jul 30
Makana Investment Corporation acquired Renfreight (Pty) Limited from The Bidvest Group Limited (JSE:BVT) for SAR 110 million. Makana Investment Corporation acquired Renfreight (Pty) Limited from The Bidvest Group Limited (JSE:BVT) for SAR 110 million on March 1, 2019.
Makana Investment Corporation completed the acquisition of Renfreight (Pty) Limited from The Bidvest Group Limited (JSE:BVT) on March 1, 2019. 