BVT - Bidvest - Trading Statement for the year end
BVT
BVT
BVT - Bidvest - Trading Statement for the year ended June 30 2007
The Bidvest Group Limited
Incorporated in the Republic of South Africa
Registration number 1946/021180/06
Share code: BVT
ISIN: ZAE000050449
("Bidvest")
Trading Statement for the year ended June 30 2007
Bidvest announces that it expects headline earnings per share for the year
ended June 30 2007 to be 20% to 22% higher than those of the prior year.
Earnings per share for the year ended are expected to be 12% to 14% higher
primarily as a result of the full impairment of Bidvest`s investment in
Tiger Wheels Limited, amounting to R178 million.
This trading statement has not been reviewed or reported on by Bidvest`s
external auditors. The release of the announcement of the results for the
year ended June 30 2007 will be published on August 27 2007.
By order of the board
August 15 2007
Sponsors:
Investec Bank Limited Deutsche Securities (Pty) Limited
Date: 15/08/2007 10:20:01 Produced by the JSE SENS Department.
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