https://newsletter.en.creamermedia.com

Bidvest expects to report up to 22% lower EPS for FY18

22nd August 2018

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

JSE-listed services, trading and distribution company Bidvest expects its earnings per share (EPS) for the year ended June 30 to be between 19% and 22% lower at between R1.11 and R1.15 apiece, compared with R1.43 apiece in the prior year.

The lower EPS can be attributed to a contraction in the share prices of the company’s associates, Adcock Ingram and Comair, compared with material share price increases in the prior year.

Normalised headline earnings per share (HEPS) are expected to be between R1.23 and R1.27 apiece, which is between 11% and 14% higher than the R1.11 reported in the prior year.

HEPS are expected to be between R1.21 and R1.24, which is between 10% and 12% higher than the R1.10 in the prior year.

Bidvest’s results will be released on or around September 3.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (09/05/2025)
9th May 2025 By: Martin Creamer
Magazine round up | 09 May 2025
Magazine round up | 09 May 2025
9th May 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.221 0.311s - 184pq - 2rq
Subscribe Now