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Bidvest results for the half year ended 31 December 2025

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Bidvest closes the first half of its financial year with a message of disciplined execution in a constrained but gradually improving macro environment. Revenue rose 4% to R66.7 billion, trading profit increased 7% to R6.7 billion, and margins expanded to 10.1%, a notable outcome in a price-sensitive, competitive market. Cash generation stands out: R6.1 billion generated from operations, free cash flow up R2 billion to R3.8 billion, and a significantly improved cash conversion ratio of nearly 70%. Bidvest CEO Mpumi Madisa explains the sustainability of margin expansion, the durability of cash generation and how capital allocation decisions today shape Bidvest’s medium-term growth and return profile.
2 Mar 2PM English South Africa Business News · Investing

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