Food services company Bidcorp said on Monday it expects earnings to lift by about a fifth in its six months to end-December, as it recovers from writedowns related to its exit from its UK transport businesses.

Bidcorp, which separated from Bidvest and listed on the JSE in May 2016, expects basic earnings per share to rise as much as 22% to 685.8c due to capital write-offs from discontinued operations in the previous comparative period...

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