Bid Corporation Limited

Johannesburg Stock Exchange:BID.JO

Sector

🛒 Consumer Staples

Industries

🥖 Bread & Bakery

🏬 Consumer Packaged Goods

🍔 Food & Beverages

🍔 Meat

🍽 Restaurants

Location

South Africa

Market Cap

USD 8.50 B

Share Price

USD 25.45

Avg Daily Volume

905,154

Change (1 day)

0.70%

Change (1 year)

7.82%

Change (YTD)

11.51%

Bid Corporation Limited Operating Income for the year ending June 30, 2024: USD 649.39 M

Bid Corporation Limited Operating Income is USD 649.39 M for the year ending June 30, 2024, a 20.84% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

Bid Corporation Limited Operating Income for the year ending June 30, 2023 was USD 537.38 M, a 24.43% change year over year.
Bid Corporation Limited Operating Income for the year ending June 30, 2022 was USD 431.88 M, a 26.20% change year over year.
Bid Corporation Limited Operating Income for the year ending June 30, 2021 was USD 342.21 M, a 90.77% change year over year.
Bid Corporation Limited Operating Income for the year ending June 30, 2020 was USD 179.39 M, a -61.32% change year over year.

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Key data

Date	Operating Income	EBIT	EBITDA	Net Income

Johannesburg Stock Exchange: BID.JO

Bid Corporation Limited

CEO	Mr. Bernard Larry Berson C.A.
IPO Date	May 27, 2016
Location	South Africa
Headquarters	North Wing
Employees	29,112
Sector	🛒 Consumer Staples
Industries Bread & Bakery 🏬 Consumer Packaged Goods 🍔 Food & Beverages 🍔 Meat 🍽 Restaurants

Description

Bid Corporation Limited provides foodservice solutions worldwide. The company manufactures and distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, and ambient goods for the hospitality, institutional, catering, and retail sectors. It also provides foodservice and beverage distribution services for the HoReCa sector; and develops e-commerce solutions. In addition, the company manufactures and distributes meat, poultry, dairy, and general food ingredients, as well as baking ingredients and equipment; and offers a multi-temperature foodservice for various ambient, and chilled and frozen food products. Further, it distributes specialty products for the western styled food market; and frozen, chilled, and ambient local products for the independent street market, as well as sells non-food goods. The company was founded in 1988 and is headquartered in Johannesburg, South Africa.