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Bid Corporation Ltd
JSE:BID

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Bid Corporation Ltd
JSE:BID
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Price: 43 612 Zac -0.41% Market Closed
Market Cap: 145.7B Zac
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Bid Corporation Ltd
Income from Continuing Operations

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Bid Corporation Ltd
Income from Continuing Operations Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income from Continuing Operations CAGR 3Y CAGR 5Y CAGR 10Y
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Bid Corporation Ltd
JSE:BID
Income from Continuing Operations
zar8.1B
CAGR 3-Years
37%
CAGR 5-Years
11%
CAGR 10-Years
N/A
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Bid Corporation Ltd
Glance View

Market Cap
145.7B Zac
Industry
Retail

Bid Corporation Ltd., known as BidCorp, operates as a dynamic force in the global foodservice industry. Spinning off from the South African conglomerate Bidvest Group in 2016, BidCorp swiftly established itself as a key player in international markets. It primarily functions by bridging the gap between food producers and consumers, focusing on the supply of fresh and frozen food, as well as non-food products, to restaurants, cafes, and institutions across dozens of countries. With a presence spread over five continents, BidCorp leverages its extensive distribution network and deep local market knowledge, efficiently catering to the unique tastes and preferences of diverse regions. Rather than being a mere commodity trader, BidCorp positions itself as an innovative, service-oriented partner. Its business model thrives on nurturing decentralized operations, empowering regional teams to tailor solutions that meet local demands, while benefiting from the synergies of a vast global supply chain. This structure not only enhances customer relationships but also creates a robust revenue stream through value-added services. By capitalizing on the global trends of dining out and convenience foods, coupled with an unwavering commitment to sustainability and quality, BidCorp has managed to drive consistent growth. The company's strategy of investing in technology and logistics enhances operational efficiency, further solidifying its role as a leader in the foodservice industry.

BID Intrinsic Value
Not Available
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See Also

What is Bid Corporation Ltd's Income from Continuing Operations?
Income from Continuing Operations
8.1B ZAR

Based on the financial report for Jun 30, 2024, Bid Corporation Ltd's Income from Continuing Operations amounts to 8.1B ZAR.

What is Bid Corporation Ltd's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 5Y
11%

Over the last year, the Income from Continuing Operations growth was 16%. The average annual Income from Continuing Operations growth rates for Bid Corporation Ltd have been 37% over the past three years , 11% over the past five years .

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