Bidvest forecasts higher profits

Bidvest’s normalised headline earnings a share in the six months to December last year were expected to be between 17 percent and 19 percent higher than the previous corresponding period’s R6.134, it reported yesterday. This would exclude a R399.1 million profit made by the listed diversified services group in the comparative period on the partial sale of its investment in Mumbai International Airport. Bidvest rose 2.17 percent to close at R231.41. – Roy Cokayne