South African trading, services and distribution firm Bidvest Group reported a 5% increase in full-year earnings on Monday, supported by cost management, bolt-on acquisitions and strong focus on clients and solutions.
Bidvest said headline earnings per share for the full-year ended June increased to R11.08 ($0.85) from R10.54 in 2016.
Headline EPS, the most widely watched profit measure in South Africa, strips out certain one-off items.
The group declared a final dividend of 264 cents.
Read the SENS announcement.