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

Q3 2023 Bid Corporation Ltd Trading Statement Call Transcript

Jun 06, 2023 / 08:00AM GMT
Release Date Price: R408.22 (-4.62%)
Bernard Larry Berson
Bid Corporation Limited - CEO & Executive Director

Good morning, everybody. Hopefully, all the technology works, and the conference has started. Welcome to our trading update for the 10 months. I'm actually in Rotterdam at the moment in the Netherlands. My apologies upfront. I'm not feeling all that great. I've got a bit of a bronchial infection, so if I start coughing in the middle of it, I do apologize. Hopefully, I'll be okay and can hold up okay for the next hour or so.

It's a relatively easy update to give. We've put a SENS announcement out an hour or so ago, which I think is very self-explanatory. And fortunately, whatever we tell you today which probably isn't all that different to what we've been telling you in the past, and it's a continuation of the same thematic that we spoke about at our interim results in February.

Growth has continued to remain very robust. However, like we did say, we are now cycling through some very strong months in the prior year, and we need to just adjust our thinking a little bit in terms of what the results look like in

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