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Highlights
Net revenue at
R130,9 billion
(PF2016: R140,5 billion)
Gross profit percentage
rises to 21,7%
(PF2016: 20,8%)
Group trading profit up
6,9% to R5,5 billion
(PF2016: R5,1 billion)
Trading margin improves
to 4,2% (PF2016: 3,7%)
Operating expenses well
controlled, decreasing
by 4,9%
Net finance charges fall
25,6% to R219,2 million
Cash from operations of
R6,2 billion
Full year dividend of
500,0 cents declared
David Cleasby
Chief financial officer
LEADERSHIP REVIEW
18
Annual integrated report 2017
Bid Corporation Limited