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Bid Corporation Ltd

BIDJ.J

Latest Trade

32,966.00ZAc

Change

-384.00(-1.15%)

Volume

136

Today's Range

32,966.00

 - 

33,350.00

52 Week Range

24,755.00

 - 

34,556.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
33,350.00
Open
33,350.00
Volume
136
3M AVG Volume
18.32
Today's High
33,350.00
Today's Low
32,966.00
52 Week High
34,556.00
52 Week Low
24,755.00
Shares Out (MIL)
333.68
Market Cap (MIL)
111,857.30
Forward P/E
21.40
Dividend (Yield %)
1.98

Next Event

Bid Corporation Ltd Annual Shareholders Meeting

Latest Developments

More

Bid Corp Updates On Beneficial Interest Holdings

Bid Corp Buys Interest In Securities Of Co

Bid Corporation Issues Announcement Regarding Sale Of Best Food Logistics UK

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About Bid Corporation Ltd

Bid Corporation Limited is engaged in foodservice business. The Company's segments include Foodservice Australia, Foodservice United Kingdom, Foodservice Europe, Foodservice Emerging Markets, Bidvest Services and Corporate. It offers a range national distribution services. It distributes foodservice and product serving customers in the hospitality, institutional, catering and retail sectors in the United Kingdom and Ireland. It supplies various brands across a range of product lines, and engaged in brand manufacturing and distribution. It is also a foodservice distributor to the Horeca sector. It has operations in Africa, South America, Asia and the Middle East. African operations manufacture and distribute meat, poultry, dairy and general food ingredients, as well as baking ingredients and equipment, and a multi-temperature foodservice. South America sources and distributes frozen, chilled and ambient local product into the independent street market across both Chile and Brazil.

Industry

Restaurants

Contact Info

2nd floor

North Wing, 90 Rivonia Road, Sandton

+27.10.5922150

http://www.bidcorpgroup.com/index.php

Executive Leadership

Stephen Koseff

Non-Executive Chairman of the Board

Bernard Larry Berson

Chief Executive Officer, Director

David Edward Cleasby

Chief Financial Officer, Director

AK Biggs

Company Secretary

Douglas Denoon Balharrie Band

Lead Independent Non-Executive Director

Key Stats

2.00 mean rating - 8 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2017

130.9K

2018

119.4K

2019

129.2K

2020(E)

139.3K
EPS (ZAR)

2017

11.784

2018

11.242

2019

14.412

2020(E)

15.583
Price To Earnings (TTM)
23.02
Price To Sales (TTM)
0.87
Price To Book (MRQ)
3.90
Price To Cash Flow (TTM)
18.04
Total Debt To Equity (MRQ)
36.85
LT Debt To Equity (MRQ)
16.35
Return on Investment (TTM)
13.96
Return on Equity (TTM)
7.68

Latest News

Latest News

South Africa's Bidcorp to sell unit to Tesco's Booker

South African food services company Bid Corp Ltd (Bidcorp) on Wednesday said it would sell its Best Food Logistics unit in Britain to Tesco Plc's unit, Booker Group.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

South Africa's Bidcorp full-year profit rises 12.5%

South African food services firm Bid Corp Ltd (Bidcorp) reported on Wednesday a 12.5% increase in full-year earnings, supported by positive trading performance in its developed markets.

UPDATE 1-S.Africa's Bidcorp HY profit rises on upbeat European market

South African food producer Bid Corporation Ltd (Bidcorp) reported on Wednesday a 9.2 percent increase in half-year earnings, supported by positive trading performance in its developed markets.

South Africa's Bidcorp HY profit rises 9.2 pct

South African food producer Bid Corporation Ltd (Bidcorp) reported a 9.2 percent increase in half-year earnings on Wednesday, supported by positive trading performance in its developed markets.

Calgary 2026 Winter Olympics bid dead after 'no' vote

Calgary's hopes of hosting the 2026 Winter Olympics were dashed on Tuesday after citizens voted resoundingly against the western Canadian city's plan to bid for the Games.

Potential buyer ditches plan to acquire Bidcorp's UK logistics business

International food distributor Bid Corporation Ltd (Bidcorp) said on Friday the prospective buyer for its UK logistics business is no longer interested in buying it, citing internal reasons.

South Africa's Bidcorp annual profit up 9.1 pct

South African food producer Bid Corporation Ltd (Bidcorp) reported a 9.1 percent rise in annual earnings on Wednesday, supported by positive trading performance in all regions in which the global foodservice business operates.

South Africa's Bidcorp weighs offer for majority of UK logistics unit

Bid Corporation Ltd (Bidcorp) <BIDJ.J>, an international food distributor, is considering an offer for its UK transport business as it looks to focus on its core operations.

South Africa's Bidcorp HY profit rises 8.6 pct

Bid Corp Ltd (Bidcorp) , an international distributor of fresh, frozen and dry food, on Wednesday reported an 8.6 percent rise in its half-year earnings, supported by positive trading conditions across all geographies in which the company operates.

BRIEF-Bid Corporation Says HY HEPS rises 8.6 Pct​

* DECLARED AN INTERIM CASH DIVIDEND OF 280,0 CENTS PER SHARE, A 12,0% INCREASE ON F2017 INTERIM DIVIDEND

Joffe retires as chairman of South Africa's Bidcorp

Brian Joffe, one of South Africa's most respected dealmakers, will retire as chairman of food-service group Bid Corporation (Bidcorp) at the end of next month, the company said on Thursday.

BRIEF-Stephen Koseff To Take Over As Bid Corporation Chairman

* BID CORPORATION - STEPHEN KOSEFF HAS AGREED TO ACCEPT BOARD'S INVITATION TO ASSUME ROLE OF INDEPENDENT NON-EXECUTIVE CHAIRMAN, EFFECTIVE MARCH 31ST Source text for Eikon: Further company coverage:

BRIEF-Bid Corp says ‍trading for Q1 2018 reasonably positive in core foodservice businesses​

* TRADING FOR Q1 OF 2018 FINANCIAL YEAR HAS BEEN REASONABLY POSITIVE (MEASURED IN HOME CURRENCIES) IN CORE FOODSERVICE BUSINESSES

BRIEF-Bid Corporation says JP Morgan Chase & Co cuts stake to 9.62 pct

* JP MORGAN CHASE & CO CUTS STAKE TO 9.62 PERCENT FROM 10.48 PERCENT HELD EARLIER Source text for Eikon: Further company coverage:

South Africa's Bidcorp buys Spanish foodservice group

South Africa's Bid Corporation (Bidcorp) has bought a 90 percent stake in Spanish foodservice group Guzman Gastronomia and Cuttings, it said on Wednesday without disclosing the value.

UPDATE 1-South Africa's Bidcorp can tap $1.2 billion for acquisitions

South Africa's Bid Corporation (Bidcorp) can tap as much as $1.2 billion for acquisitions, its finance chief said on Thursday, as the firm reported a 20.6 percent rise in half-year profit.

South Africa's Bidcorp posts 21 pct rise in half-year profit

South Africa's Bid Corporation (Bidcorp) reported a 20.6 percent rise in half-year profit on Thursday, buoyed by strong sales growth in Europe and emerging markets.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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