Bidcorp reports record first-quarter trading results and gains in market share
Food services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
Karl GernetzkyBidcorp, the global food services company spun off from Bidvest in 2016, booked record trading results and gained market share in its first quarter to end-September, and is still optimistic that the pandemic isn't fundamentally shifting consumer behaviour.
In a trading update for the four months to end-October, Bidcorp said it was battling a raft of issues, including inflation, labour shortages and supply-chain disruptions, but the effect on profit margins has been neutral as it was able to pass on costs...
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South African Depression and Anxiety Group
SADAG - South African Depression and Anxiety Group
Quiet reflection and food for the poor as Babita Deokaran's family mark her birthdayThe corruption whistleblower, who was gunned down outside her Winchester Hills home in the south of Johannesburg in August, would have turned 53 on Tuesday. Have the corrupt people in power been arrested for this great loss? An innocent life lost so that they could fill their pockets instead of helping this country May she continue rest in eternal peace. She was murder for taking a moral stand - in a country where integrity doesn't matter to many people. Shame on the corrupt socio-economic-politico-religio-academic leadership in SA.
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Bidcorp reports record first-quarter trading results and gains in market shareFood services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
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