A wee dram
CHRIS GILMOUR: Bidcorp is not cheap, but quality never is
The management has handled issues such as stubbornly low food inflation with aplomb, churning out consistent earnings growth
18 September 2019 - 05:03
After starting three decades ago as Chipkins, a small food services company under corporate entrepreneur Brian Joffe, Bidcorp has grown into one of SA’s largest companies in the sector.
The company, which employs more than 26,000 people on four continents, has a market capitalisation of R108bn and revenue of R129bn. Because 92% of revenue comes from outside SA, it enjoys significant rand hedge qualities.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.