BRIEF-Bidvest Group Says Since FY Start, Monthly Operational Performance Improved Sequentially

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BRIEF-Bidvest Group Says Since FY Start, Monthly Operational Performance Improved Sequentially
Credit: © Reuters.

Nov 27 (Reuters) - Bidvest Group Ltd BVTJ.J :

* JSE: BVT - VOLUNTARY TRADING UPDATE: FOUR MONTHS TO 31 OCTOBER 2020

* SINCE START OF FINANCIAL YEAR, MONTHLY OPERATIONAL PERFORMANCE OF GROUP HAS IMPROVED SEQUENTIALLY

* REVENUE AND TRADING PROFIT DELIVERED IN FIRST FOUR MONTHS OF FY21 WAS BROADLY UNCHANGED RELATIVE TO SAME PERIOD LAST YEAR

* DEBTORS BOOK REMAINS IN GOOD SHAPE

* DISPOSALS OF BIDVEST CAR RENTAL, BIDAIR SERVICES AND 6.75% STAKE IN MUMBAI INTERNATIONAL AIRPORT ARE PROGRESSING

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