Unaudited results

for the half year ended December 31  2023

IT'S ALL ABOUT THE FOOD, SERVICE, AND TECHNOLOGY

Bidcorp is an international broad-line foodservice group, listed on the Johannesburg Stock Exchange.

Bidcorp people provide a comprehensive foodservice solution to a growing customer base in Africa, Asia, Australasia, Europe, Middle East, South America, and the UK.

FINANCIAL HIGHLIGHTS

Revenue

R113,8bn

(H1F2023: R91,8bn)

24,0% Constant currency 10,8%

Cash generated by
operations (before working capital)

R6,8bn

(H1F2023: R6,1bn)

11,3%

Total distribution per share

525,0 cents

(H1F2023: 440,0 cents)

85 cents 19,3%

Headline earnings per share

HEPS H1F2024 18,6%
Constant currency 6,8%

SEGMENTAL RESULTS IN CONSTANT CURRENCY

Europe

Revenue R35,1bn 11,2%

Trading profit R2,0bn 25,8%

United Kingdom

Revenue R28,0bn 21,2%

Trading profit R0,8bn 15,0%

Emerging Markets

Revenue R16,1bn 5,1%

Trading profit R0,9bn 0,9%

Australasia

Revenue R22,4bn 3,0%

Trading profit R1,7bn 10,8%