Bidvest Namibia FY14 Initial Impression

FY14 Initial Impression – Margin Pressure! BVN released its results for the year ended 30 June 2014. The firm posted reasonable results in light of the difficulties the fishing division finds itself in. EPS fell 10.6% to 129.6cps and HEPS decreased 10.4% to 129.5cps, missing our forecast. However revenue came… Continue reading →