Is Bidvest reaching limits to its growth and set for a mature phase?
In more than twenty years Bidvest has not delivered a shock nor underperformed on its internal benchmarks nor disappointed market expectations. The compound growth rate in revenue, profits and dividends speak for themselves. It is inevitable that the rate of growth will not be what it was in the formative years of the Group but we aspire to expand profitably and achieve earnings growth and rates of return at the forefront of the services sector. We understand business cycles and we manage for all eventualities, good and bad. Bidvest is continually evolving. We will not be quite the same business in five years time. We do not see ourselves as an ex growth mature business and we shall expand our range of services and bring in new businesses to the fold that dovetail well with our business processes and philosophy. An earnings forecast is thus only good enough for what is and Bidvest will always deliver that additional growth kicker by capitalising on opportunities.
