B

Bid Corporation Ltd
JSE:BID

Watchlist Manager
Bid Corporation Ltd
JSE:BID
Watchlist
Price: 43 793 Zac -0.09% Market Closed
Market Cap: 146.3B Zac
Have any thoughts about
Bid Corporation Ltd?
Write Note

Bid Corporation Ltd
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Bid Corporation Ltd
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
B
Bid Corporation Ltd
JSE:BID
Operating Income
zar11.9B
CAGR 3-Years
36%
CAGR 5-Years
13%
CAGR 10-Years
N/A
No Stocks Found

Bid Corporation Ltd
Glance View

Market Cap
146.3B 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
B

See Also

What is Bid Corporation Ltd's Operating Income?
Operating Income
11.9B ZAR

Based on the financial report for Jun 30, 2024, Bid Corporation Ltd's Operating Income amounts to 11.9B ZAR.

What is Bid Corporation Ltd's Operating Income growth rate?
Operating Income CAGR 5Y
13%

Over the last year, the Operating Income growth was 15%. The average annual Operating Income growth rates for Bid Corporation Ltd have been 36% over the past three years , 13% over the past five years .

Back to Top