This is Bidcorp

  • is a complete foodservice offering
  • serves multiple customer segments
  • is internationally diversified across developed and emerging markets
  • people are entrepreneurial and incentivised to be so
  • has a proven decentralised business model and best practice learnings are widely shared
  • growth is organic, acquisitive-organic through bolt-ons, and acquisitive
  • believes that balance sheet strength with low debt is a strong competitive advantage
  • proprietary technology enhances customer relationships and efficiencies

About this report


Leadership review

Application of technological touchpoints to ensure a fit-for-purpose solution

ENSURING FLEXIBILITY TO DELIVER SPEEDILY

Our in-house developed ecommerce solution is a market-leading customer communication, transaction and information platform. Customers have online touch access to business model market leading innovation products offered by Bidfood divisions such as real-time stock and pricing, product and sourcing information, planning and costing facilities, as well as intuitive complementary product suggestions.

  • In the three short years since our stock exchange listing, the group is positioned as a strong, independent and successful foodservice entity.
     

  • Our objective to generate above-average returns in each of our businesses, notwithstanding macro-considerations and short-term volatility in arious markets, remains firmly intact.


Divisional reviews

Investing in efficiencies through warehousing and distribution modernisation

DELIVERING ON OUR PROMISES

We invest in depots and vehicles equipped with state-of-the-art efficient and sustainable capabilities. We utilise tools such as voice-pick technology and onboard-telematics in vehicles to ensure improved efficiencies and accuracies in service.


ESG review

Responsible procurement

ETHICAL AND SUSTAINABLE

Our suppliers are specialists in their product, as well as ethical and sustainably minded, located as close to the source of the food as possible. We source both quality wholesale foods and a large range of catering equipment and non-food essentials.

  • Solid growth is underpinned by solid governance. Bidcorp has delivered both. Building investor trust through effective, transparent and relevant communications



Financial statements

Value-add processing

IDENTIFYING OPPORTUNITIES

The directors have pleasure in presenting their report for the year ended June 30 2019.