Bidcorp shares soar to highest in two years as it flags record earnings
The company’s buoyant sales bolstered by surging trading momentum in the countries in which it operates
01 February 2023 - 12:31
UPDATED 01 February 2023 - 18:25
Shares in Bidcorp booked their biggest one-day gain in more than two years after the international supplier of food to restaurants and hotels said interim earnings would rise by almost a half, bolstered by surging trading momentum in the countries in which it operates.
Shares in Bidcorp rose by as much as 11% — the biggest gain since November 2020 — before settling 6.57% higher at R382.04 at the close of trade on Wednesday...
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