Trade of the Month: Bidcorp, as local is lekker and revenue is global
The food service company’s margins were the same as Sysco’s in 2016, but its operating margin has doubled
Food service is a business model investors shouldn’t ignore. Feeding people is a good way to generate cash flows, and within the various ways to do that, helping people have a great time outside the home is a solid choice.
But instead of buying a specific restaurant group, you can be the shovel in the gold rush and rather own the food service companies, such as Bidcorp or global leader Sysco...
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