Tag: lindsay ralphs

Bidvest reports 22.5% drop in earnings, withholds dividend

In line, with the conditions of the current economic environment, Bidvest has reported a drop in earnings.

Bidvest CEO on H1 earnings, acquisition plans & COVID-19 impact

Bidvest's headline earnings per share fell by 3.9 per cent in its first-half after new international accounting standards and a write-off of money owed by struggling South African Airways. Joining CNBC Africa to discuss that further is CEO of Bidvest, Lindsay Ralphs.

Bidvest HEPS growth stays strong in weak economy

Bidvest released a solid set of numbers from the year end-June. Bidvest increased trading profit by 3.5 per cent to R6.7 billion and HEPS by 9.8 per cent to 1 352.1 cents. Cost cutting was the name of the game, as a result gross profit were increased from 28.9 per cent to 29.8 per cent. CEO, Lindsay Ralphs joins CNBC Africa for more.