Bid Corp Ltd (OTCPK:BPPPF)
$ 21.8658 0 (0%) Market Cap: 7.44 Bil Enterprise Value: 8.16 Bil PE Ratio: 18.36 PB Ratio: 3.27 GF Score: 94/100
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Q4 2019 Bid Corporation Ltd Earnings Call Transcript

Aug 28, 2019 / 10:00AM GMT
Release Date Price: $19.77
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

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