Tag: Bidcorp

Rebound in demand spurring hope, says Bidcorp

COVID-19 has tested Bidcorp’s business model to its limits and beyond. The food services company reported an almost 50 per cent fall in full-year profit. However, the company says that it is seeing a rebound in demand, spurring hope. Bidcorp CFO, David Cleasby joins CNBC Africa for more.

Bidcorp battles COVID-19 headwinds

Food services company, Bidcorp half year results has managed to raise its dividend 6.5 per cent to 330cents per share despite its fears of the COVID-19 impact in the future. The global food firm’s trading profit grew 9.2 per cent to R3.6 billion. Bidcorp CEO, Bernard Berson joins CNBC Africa for more.

Bid Corp sees increase in FY revenue

South African food services firm Bid Corp Ltd (Bidcorp) reported on Wednesday a 12.5 per cent increase in full-year earnings. Headline earnings per share from continuing operations came in at 1,443.6 cents in the year ended June 30. CNBC Africa spoke to CEO Bernard Berson and we asked why they performed so well in the UK.

Bidcorp CEO: Why China remains a key market

Bidcorp continues to serve up a solid set of financial results. The international food-service business increased trading profit by 8.3 per cent to R3.3 billion and headline earnings per share were up 9.2 per cent. The company will be paying its shareholders a 310 dividend. CNBC Africa’s Kopano Gumbi spoke with Bidcorp’s CEO Bernard Berson.

Bidcorp reports increase in headline earnings

Bidcorp reports increase in headline earnings

South Africa’s Joffe bows out as Bidcorp executive to list new firm

South Africa's Brian Joffe will step down as executive chairman of foodservice group Bidcorp at the end of June to launch his own investment firm, Bidcorp said on Monday.