Bidvest: Growth streak continues, new acquisitions hinted

Bidvest, a South African diversified group, reported strong growth in revenue and profit for the six months ended March 31, 2023.

1. The company’s revenue grew by 15%, while its profit grew by 20%.
2. Bidvest attributed its strong performance to its diversified portfolio of businesses, which are well-positioned to benefit from the growth of the South African economy.
3. The company also hinted at new acquisitions, saying that it is “always looking for opportunities to grow our business.”