Volumes recovering faster than thought, Bidcorp says
Group sales have been hit by the Covid-19 pandemic, but is optimistic about a recovery in the food services sector
15 June 2020 - 10:54
Bidcorp, the global food services company spun off from Bidvest in 2016, said the post-Covid-19 recovery had been faster than expected, and it was somewhat more optimistic about the next 12-18 months.
The group, which delivers to the food services industry, said its initial assessment was that activity levels would return to between 75% and 85% of pre-Covid-19 levels over the next year or so, but that “we now believe this number will be higher and hopefully sooner.”..
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