Bidvest says half-year earnings up, rand bites

Newswire

JOHANNESBURG, Feb 23 (Reuters) - South African diversified industrial firm Bidvest Group Limited said on Monday that headline earnings for the first half of 2004 financial year rose by two percent from a year ago, slowed by rand strength. It said in a statement it saw real growth in full year headline earnings excluding McCarthy earnings. "Provided we do not see the same level of currency volatility going forward, our financial results in the second half should better reflect the trading ...

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