Bid Corporation Limited (BDDDY)
Bid Corporation Limited operates in the Food Distribution industry of the Consumer Defensive sector, headquartered in Johannesburg, ZA. The stock last traded at $24.57, up 1.48% on the session, giving a market capitalisation of $8.23B. On trailing twelve-month figures it carries a trailing P/E of 16.71, a net margin of 3.5%. Its beta of 0.80 implies it has historically moved less than the broad market.
Bid Corporation Limited (Bidcorp) is a global leader in providing extensive food and beverage services. The company procures and delivers a wide spectrum of culinary products, ranging from fresh perishables like fish, seafood, meats, and dairy, to various dry and shelf-stable goods. These provisions cater to a diverse client base across the hospitality, institutional, catering, and retail sectors. Bidcorp specializes in food and beverage distribution for the HoReCa (Hotels, Restaurants, Cafes) market and also develops cutting-edge e-commerce platforms to streamline operations. Its capabilities extend to manufacturing and supplying an array of its own products, including processed meats, poultry, dairy items, and general food components, as well as baking ingredients and associated equipment. To accommodate its vast product range, the company utilizes advanced multi-temperature logistics, managing ambient, chilled, and frozen food items with precision. Furthermore, Bidcorp addresses specialized culinary demands by distributing niche products tailored for Western-style cuisine, alongside a variety of local frozen, chilled, and ambient products for independent street vendors. Completing its comprehensive offerings, the company also supplies essential non-food catering equipment and various operational necessities. Bid Corporation Limited was established in 1988 and maintains its headquarters in Johannesburg, South Africa.
Bid Corporation Limited is most often compared with the following Consumer Defensive names: