Bid Corp Ltd (JSE:BID)
R 457.06 26.21 (6.08%) Market Cap: 153.89 Bil Enterprise Value: 164.52 Bil PE Ratio: 19.18 PB Ratio: 3.63 GF Score: 92/100

Q4 2019 Bid Corporation Ltd Earnings Call Transcript

Aug 28, 2019 / 10:00AM GMT
Release Date Price: R311 (+2.89%)
Mark Ingham;The Investment Analysts Society of South Africa;Board Member

Good afternoon, ladies and gentlemen. If we could get the proceedings underway, thank you. My name is Mark Ingham. I'm a Board member of The Investment Analysts Society of South Africa, and a warm word of thanks on behalf of all of us here today, analysts, fund managers, auditors, I see. A big thanks to the Bidcorp team for hosting us today on the occasion of their results for the year ended June 2019. It's worth reflecting that this has been a milestone year for Bidcorp. It marks the 30 years since it was formed in 1989 with the acquisition of a small company called Chipkins. And it's 3 years since it was spun out of Bidvest and listed on the JSE as a focused foodservice group and aggregative value was released on that. With a market cap of over ZAR 100 billion, Bidcorp ranks as one of the leading industrial companies on the JSE, providing food services to many countries around the world.

Another milestone was in June when Bidcorp was acknowledged on the 34th IAS Excellence in Financial Reporting

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot