- 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
30 years of food,
service and technology
This is Bidcorp
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.
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In the three short years since our stock exchange listing, the group is positioned as a strong, independent and successful foodservice entity.
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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.
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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.
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Content
- Directors' responsibility for the financial statements
- Declaration by company secretary
- Preparer of financial statements
- Directors' report
- Audit and risk committee report
- Acquisitions committee report
- Nominations committee report
- Remuneration committee report
- Social and ethics committee report
- Directors' curricula vitae
- Independent auditor's report
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- Consolidated statement of profit or loss
- Consolidated statement of other comprehensive income
- Consolidated statement of cash flows
- Consolidated statement of financial position
- Consolidated statement of changes in equity
- Notes to the consolidated financial statements
- Separate statement of comprehensive income
- Separate statement of financial position
- Separate statement of changes in equity
- Separate statement of cash flows
- Notes to the separate financial statements