Page 87 - Profile's Stock Exchange Handbook - 2026 Issue 2
P. 87

Profile’s Stock Exchange Handbook: 2026 - Issue 2                         JSE - BID
              The Bidvest Group Ltd.                Blu Label Unlimited Group Ltd.

       ISIN: ZAE000117321   SHORT: BIDVEST   CODE: BVT  ISIN: ZAE000109088   SHORT: BLU   CODE: BLU
       REG NO: 1946/021180/06   FOUNDED: 1988   LISTED: 1990  REG NO: 2006/022679/06   FOUNDED: 2001   LISTED: 2007
       NATURE OF BUSINESS: Bidvest is a leading B2B services, trading and   NATURE  OF  BUSINESS:  Blu  Label  Unlimited  Group  Ltd.’s  score
        distribution  Group.  Bidvest  has  a  blended  portfolio  of  defensive   business is the virtual distribution of secure electronic tokens of
        and  cyclical  businesses  that  are  diversified,  essential  and  asset-  value and transactional services across its global footprint of touch
        light. The diverse portfolio operates in two segments – Business   points. The Group’s stated strategy is to extend its global footprint
        services  and Trading  and  distribution  –  through  seven  divisions   of  touch  points,  both  organically  and  acquisitively,  to  meet  the
        and a majority-owned listed subsidiary, Adcock Ingram.  significant demand for the delivery of multiple prepaid products
       SECTOR: Inds--IndsGoods&Services--GeneralIndustr--DiversIndustr  and services through a single distributor, across various delivery
       NUMBER OF EMPLOYEES: 131 326               mechanisms and via numerous merchants or vendors.
       DIRECTORS: Boyce L (ind ne), Khanyile F N (ind ne), Khumalo M G (ind ne),   SECTOR: Telecoms--Telecoms--TelecomServiceProvider--TelecomServices
        Mabaso-Koyana S N (ind ne), Masata D (ind ne), McMahon G C,    NUMBER OF EMPLOYEES: 2 505
        Mokate Dr R D (ld ind ne), Shuenyane K L (ind ne), Thomson N W (ind ne),   DIRECTORS: Masondo H (ind ne), Mnxasana N P (ind ne), Mokhobo R D
        Mohale B (Chair, ind ne), Madisa N T (CEO), Steyn M (CFO)  (ind ne), Mthimunye Dr L E (ind ne), Vilakazi J S (ind ne), Nestadt L M
       MAJOR ORDINARY SHAREHOLDERS as at 25 Jun 2025   (Chair, ind ne), Levy B M (Joint CEO), Levy M S (Joint CEO), Ralphs L P
        Government Employees Pension Fund   20.62%   (Chair Designate, ind ne), Suntup D (FD)
        The Standard Bank Group Ltd.       5.09%   MAJOR ORDINARY SHAREHOLDERS as at 26 Nov 2025
        Lazard Asset Managers LLC          5.07%  Allan Gray (Pty) Ltd.             13.40%
       POSTAL ADDRESS: PO Box 87274, Houghton, Johannesburg, 2041  Peresec Prime Brokers (Pty) Ltd.   13.30%
       MORE INFO: www.sharedata.co.za/sdo/jse/BVT  Levy B M                          9.74%
       COMPANY SECRETARY: Nonqaba Katamzi        POSTAL ADDRESS: PO Box 652261, Benmore, 2010
       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  MORE INFO: www.sharedata.co.za/sdo/jse/BLU
       SPONSOR: Investec Bank Ltd.               COMPANY SECRETARY: Janine van Eden
       AUDITORS: PwC Inc.                        TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
       CAPITAL STRUCTURE      Authorised  Issued  SPONSOR: Investec Bank Ltd.
       BVT     Ords 5c ea        540 000 000     340 274 346  AUDITORS: SNG Grant Thornton Inc.
                                                                        Authorised
                                                                                     Issued
       DISTRIBUTIONS [ZARc]                      CAPITAL STRUCTURE       2 000 000 000     913 655 873
                                                 BLU
                                                         Ords 0.0001c ea
       Ords 5c ea        Ldt      Pay       Amt
       Interim No 56  24 Mar 26  30 Mar 26  495.00  DISTRIBUTIONS [ZARc]
       Final No 55    22 Sep 25  29 Sep 25  453.00  Ords 0.0001c ea  Ldt     Pay      Amt
       LIQUIDITY: Apr26 Avg 5m shares p.w., R1 066.9m(70.1% p.a.)  Interim No 9  17 Mar 26  23 Mar 26  43.56
                                                 Final No 8     12 Sep 17  18 Sep 17  40.00
                                                 LIQUIDITY: Apr26 Avg 13m shares p.w., R153.6m(73.9% p.a.)


       FINANCIAL STATISTICS
                   Dec 25   Jun 25   Jun 24   Jun 23   Jun 22
       (R million)                               NOTE: Blue Label Telecoms Ltd. changed its name to Blu Label
                   Interim  Final Final(rst)  Final Final(rst)
       Turnover     66 748  126 605  120 708  114 912  99 929  Unlimited Group Ltd. on 3 September 2025.
       Op Inc        6 729  12 046  11 965  11 443  9 730  FINANCIAL STATISTICS
       NetIntPd(Rcvd)  1 446  2 747  2 492  2 007  1 592  (R million)  Nov 25   May 25  May 24   May 23   May 22
       Minority Int  184   372   403   394   376             Interim  Final  Final  Final  Final
       Att Inc       3 467  6 069  6 369  5 973  5 072  Turnover  8 638  14 050  14 598  18 918  17 806
       TotCompInc/Loss  2 899  6 373  6 133  7 669  5 533  Op Inc  - 4 384  1 449  1 502  1 126  1 524
       Fixed Ass    17 124  17 080  17 642  16 457  14 902  NetIntPd(Rcvd)  409  286  219  271  120
       Inv & Loans   1 251  1 212  3 368  3 002  2 378  Minority Int  169  - 4  12  19  65
       Tot Curr Ass  39 484  41 746  44 451  43 223  40 329  Att Inc  - 5 001  2 484  647  269  1 027
       Ord SH Int   39 247  38 045  35 324  32 992  28 367  TotCompInc/Loss  - 4 833  2 481  653  286  1 099
       Minority Int  3 427  3 370  3 208  3 340  3 509  Fixed Ass  142  160  215  224  195
       LT Liab      38 388  43 596  34 780  32 291  30 592  Inv & Loans  3  47  39  65  49
       Tot Curr Liab  30 473  30 088  39 214  38 528  33 549  Tot Curr Ass  6 456  13 199  9 807  9 018  9 830
       PER SHARE STATISTICS (cents per share)    Ord SH Int    2 162  7 560  5 010  4 328  4 088
       HEPS-C (ZARc)  989.40  1 759.50  1 818.00 1 794.80  1 442.00  Minority Int  78  75  102  112  100
       DPS (ZARc)   495.00  923.00  914.00  876.00  744.00  LT Liab  3 094  3 246  3 352  2 247  784
       NAV PS (ZARc)  11 546.91 11 193.29  10 392.86 9 695.76  8 346.00  Tot Curr Liab  8 374  8 888  6 673  8 032  8 358
       3 Yr Beta     0.08  0.52  0.53  0.77  0.80  PER SHARE STATISTICS (cents per share)
       Price High   24 700  30 421  29 773  27 250  23 636  HEPS-C (ZARc)  38.60  455.96  73.64  41.97  117.34
       Price Low    20 730  20 201  22 602  19 284  17 509  NAV PS (ZARc)  236.65  840.83  558.91  489.82  466.23
       Price Prd End  23 749  23 352  28 444  26 163  20 959  3 Yr Beta  1.29  0.95  0.66  0.57  1.25
       RATIOS                                    Price High    1 836  1 210  478  750  664
       Ret on SH Fnd  17.11  15.55  17.57  17.52  17.09  Price Low  934  370  235  341  402
       Oper Pft Mgn  10.08  9.51  9.91  9.96  9.74  Price Prd End  987  1 185  430  362  563
       D:E           1.15  1.18  1.26  1.24  1.30  RATIOS
       Current Ratio  1.30  1.39  1.13  1.12  1.20  Ret on SH Fnd  - 431.35  32.49  12.90  6.49  26.08
       Div Cover     2.06  1.93  2.05  2.01  2.01  Oper Pft Mgn  - 50.76  10.31  10.29  5.95  8.56
                                                 D:E           1.98  0.78  0.88  1.01  0.69
                                                 Current Ratio  0.77  1.48  1.47  1.12  1.18

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