Wrap Text
Unaudited results for the half year ended December 31 2024
Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN: ZAE000216537
("Bidcorp" or "group" or "the company")
UNAUDITED INTERIM RESULTS FOR THE HALF YEAR ENDED DECEMBER 31 2024
Financial results highlights:
• Revenue R117,9 billion, up 3,6% (7,1% in constant currency)
• Trading Profit R6,3 billion, up 6,8% (10,7% in constant currency)
• HEPS 1 221,6 cents, up 6,0% (10,0% in constant currency)
• EPS 1 120,7 cents, down 2,0%
• Cash generated by operations (before working capital) R8,0 billion, up 17,6%
• Interim dividend declared up 6,7% to 560,0 cents per share
Bidcorp
• is a complete foodservice solution serving customers in 33 countries
• people are entrepreneurial and incentivised to be so
• runs as a decentralised group with best practices widely shared
• growth is organic, acquisitive-organic through bolt-ons, and acquisitive
• believes that balance sheet conservatism is a competitive financial advantage
• is at the forefront of foodservice digital commerce with its dynamically evolving proprietary
technology
• embraces environment, social, and governance criteria within its operations and reporting
frameworks
• business model continues to be relevant, proven, and scalable
DIVIDEND DECLARATION
In line with the group dividend policy, the directors declared an interim cash dividend of 560,0 cents
(448,0 cents net of dividend withholding tax, where applicable) per ordinary share for the half year
ended December 31 2024 to those members registered on the record date, being Friday,
March 28 2025.
Share code: BID
ISIN: ZAE000216537
Company registration number: 1995/008615/06
Company tax reference number: 9040946841
Gross cash dividend amount per share: 560,0 cents
Net dividend amount per share: 448,0 cents
Issued shares at declaration date: 336 904 212
Declaration date: Wednesday, February 26 2025
Last day to trade cum dividend: Tuesday, March 25 2025
First day to trade ex-dividend: Wednesday, March 26 2025
Record date: Friday, March 28 2025
Payment date: Monday, March 31 2025
Share certificates may not be dematerialised or rematerialised between Wednesday, March 26 2025
and Friday, March 28 2025, both days inclusive.
This short form announcement is the responsibility of the directors and is only a summary of the
information in the full announcement. The information in this announcement is not audited.
Any investment decision should be based on the full announcement published on SENS at
https://senspdf.jse.co.za/documents/2025/jse/isse/bide/HY25.pdf
Bidcorp's unaudited interim results for the half year ended December 31 2024 are available online
at: https://www.bidcorp-reports.com/results/interim-results-2025/index.php
A hard copy of the full announcement is available for inspection at the company's registered office
and may also be requested from the sponsor, The Standard Bank of South Africa Limited, by emailing
jsesponsor@standardbank.co.za or from the company by emailing investorrelations@bidcorp.co.za
Date: February 26 2025
Johannesburg
Sponsor: The Standard Bank of South Africa Limited
Date: 26-02-2025 07:05:00
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