The Bidvest Group Limited provided earnings guidance for six months to 31 December 2019. As a result, basic earnings per share (EPS) for the six months to 31 December 2019 is expected to be between 23% and 28% lower, translating into EPS of between 475 cents and 502 cents, when compared to the previous interim period (1HFY19: 660.0 cents). and consolidating it from 1 August 2019, was neutral on headline earnings. The adoption of IFRS16 had a modest positive impact on the trading profit, however, the resulting higher interest charge had a net adverse impact of 4% on attributable income and headline earnings, in line with expectations and guidance in the 30 June 2019 Annual Financial Statements. Shareholders are advised that: Excluding the impact of IFRS16, normalised headline earnings per share(1) (HEPS) is expected to be 1% higher to 1% lower compared to the prior period (1HFY19: 635.7 cents). The HEPS for the six months to 31 December 2019, which includes the SAA impairment, is expected to be between 6% and 11% lower than the prior interim period (1HFY19: 629.1 cents), translating into HEPS of between 560 cents and 591 cents.