Bidvest earnings climb 8,5%

Bidvest's revenue increased by 7,9% to R118,5-billion and cash generated by its operations grew by 6,6% to R7,8-billion. Bidvest's businesses included automotive retailing, shipping and food distribution.

Company chief executive Brian Joffe says that economic conditions in South Africa have improved but the country faces new challenges driven by global economic uncertainty.

Read the Business Day report.
Read Bidvest's results.