Half Year 2024 Bid Corporation Ltd Earnings Call Transcript

Feb 21, 2024 / 08:00AM GMT
Stephen Koseff - Bid Corporation Limited - Independent Non-Executive Chairman

Good morning, everyone, and welcome to Bidcorp results presentation. And I'm Stephen Koseff, the Chairman of Bidcorp, and I will give a brief introduction before handing over to Bernard Berson and Dave to speak. We are very pleased to announce a very solid set of results in rand and in neutral currency. Credit for these results need to go to strong performances our European, Australian, New Zealand, and South African businesses.

As we are aware, this is not an easy environment, with many countries in which we operate experiencing headwinds. Our strong entrepreneurial culture and decentralized management structure has held us in very good stead, enabling the group to navigate less-than-optimal conditions. Support of our strong balance sheet has again proved vital giving our business's ability to take advantage of opportunities that arise.

Before I hand over to Bernard and Dave to take you through the detail, I'd like to thank executives around the world for the effort and the ability to execute these strategies,

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