WATCH: Bidcorp benefits from recovery in hospitality sector, but warns of challenges
Business Day TV spoke to Bidcorp CFO David Cleasby
22 February 2023 - 15:08
byBusiness Day TV
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Bidcorp CEO Bernard Berson. Picture: RICHARD STREVER/ ZOOM PHOTOGRAPHY
Bidcorp has released results for the half-year ended December 2022.
The SA food services company reported a 45.5% jump in half-year earnings, as it benefited from resurgent demand across the hospitality sector. Net revenue rose 28.1% to R91.8bn but it said operating conditions are likely to remain volatile with ongoing staff shortages, supply chain disruptions and stubbornly high inflation.
Business Day TV discussed the company’s results with its CFO David Cleasby.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Bidcorp benefits from recovery in hospitality sector, but warns of challenges
Business Day TV spoke to Bidcorp CFO David Cleasby
Bidcorp has released results for the half-year ended December 2022.
The SA food services company reported a 45.5% jump in half-year earnings, as it benefited from resurgent demand across the hospitality sector. Net revenue rose 28.1% to R91.8bn but it said operating conditions are likely to remain volatile with ongoing staff shortages, supply chain disruptions and stubbornly high inflation.
Business Day TV discussed the company’s results with its CFO David Cleasby.
Or listen to full audio
Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.