Annual
integrated
report

for the year ended June 30  2025

Leadership review

1 of 3


Chairman's message

It is thanks to our strategy and the strength of our leadership, management, people and culture that the group is, by almost all measures, in a good space.

Bidcorp's investment case

Bidcorp's strategy - How we create value

Our strategy is as strong and as relevant as ever

Bidcorp's results announcement
for the year ended June 30  2025

Bidcorp has delivered a very solid performance for the year to June 2025. Revenue grew by 6,8% in constant currency.

2 of 3


Chief executive officer's report

Delivering consistently strong performance in challenging conditions.

Bidcorp's investment case

Bidcorp's strategy - How we create value

Our strategy is as strong and as relevant as ever

Bidcorp's results announcement
for the year ended June 30  2025

Bidcorp has delivered a very solid performance for the year to June 2025. Revenue grew by 6,8% in constant currency.

3 of 3


Chief financial officer's report

We are optimistic that within the new financial year, Bidcorp will become even more cash generative.

Bidcorp's investment case

Bidcorp's strategy - How we create value

Our strategy is as strong and as relevant as ever

Bidcorp's results announcement
for the year ended June 30  2025

Bidcorp has delivered a very solid performance for the year to June 2025. Revenue grew by 6,8% in constant currency.

Value creation

Materiality and risk appetite assessment

The double materiality assessment confirmed that Bidcorp's top material issues, as identified through this process, remain the key issues to our stakeholders.

Material issues

Risk and opportunity management is embedded in our strategy, business planning, and daily operations. We maintain a disciplined, forward-looking stance to mitigate risks and capture opportunities.

Bidcorp's value creation model

We procure
We process
We warehouse and distribute
We serve

Operational reviews

Below results are expressed in constant currency.

Australasia

Australasia's results were flat but satisfactory as the division successfully contended with severe economic headwinds and heightened competition.

R47,8bn
Revenue

R4,0bn
Trading profit

4 907
Employees

Download
Bidfood Australasia 2025 pdf

United Kingdom

The UK achieved solid growth and improved margins in a sluggish economic environment.

R67,6bn
Revenue

R2,5bn
Trading profit

8 026
Employees

Download
Bidfood United Kingdom 2025 pdf

Europe

European operations achieved very pleasing growth in revenue and profitability despite intensified competition.

R90,2bn
Revenue

R5,0bn
Trading profit

10 146
Employees

Download
Bidfood Europe 2025 pdf

Emerging Markets

Emerging Markets performed well under varying operating conditions, the division posting strong growth in trading profits.

R35,5bn
Revenue

R2,0bn
Trading profit

7 412
Employees

Download
Bidfood Emerging Markets 2025 pdf

Bidcorp Australasia

Australasia's results were flat but satisfactory as the division successfully contended with severe economic headwinds and heightened competition.

Bidcorp United Kingdom

The UK achieved solid growth and improved margins in a sluggish economic environment.

Bidcorp Europe

European operations achieved very pleasing growth in revenue and profitability despite intensified competition.

Bidcorp's Emerging Markets

Emerging Markets performed well under varying operating conditions, the division posting strong growth in trading profits.

Bidcorp Corporate Services

The corporate centre also drives value creation by identifying strategic and investment opportunities, encouraging knowledge sharing across divisions, and fostering synergies and cost savings.

Bidcorp online report sectional downloads

This is Bidcorp

About this report

Scope and boundary

Leadership reviews

Chairman's statement

Why invest in Bidcorp

Chief executive officer's report

Bidcorp's strategy – how we create value

Delivering on our strategy

Chief financial officer's report

Value creation

Materiality and risk appetite assessment

Bidcorp's material issues

Bidcorp's value creation model

Operational reviews

Bidcorp global footprint

Bidfood Australasia

Bidfood United Kingdom

Bidfood Europe

Bidfood Emerging Markets

Bidfood Corporate Services

Ancillary information

Shareholder's information

Shareholder's diary

Administration