Bid Corporation Limited (BPPPF)
Bid Corporation Limited operates in the Food Distribution industry of the Consumer Defensive sector, headquartered in Johannesburg, GT, ZA. The stock last traded at $25.52, up 0.00% on the session, giving a market capitalisation of $8.57B. On trailing twelve-month figures it carries a trailing P/E of 16.53, a net margin of 3.6%. Its beta of 0.26 implies it has historically moved less than the broad market.
Bid Corporation Limited, a global foodservice enterprise founded in 1988 and based in Johannesburg, South Africa, delivers a broad spectrum of solutions to its diverse clientele. The company primarily distributes an extensive range of fresh and ambient provisions, including seafood, meats, produce, and dairy products, catering to the hospitality, institutional, catering, and retail industries. It also provides specialized foodservice and beverage distribution services to the HoReCa sector. Beyond its distribution network, Bid Corporation develops e-commerce platforms and actively manufactures and supplies various food items such as meat, poultry, dairy, general food ingredients, and baking components along with equipment. Its advanced multi-temperature logistics infrastructure ensures the proper handling and delivery of ambient, chilled, and frozen goods. Furthermore, the company sources and distributes specialty products for the Western-style food market, offers a variety of local frozen, chilled, and ambient items for independent street vendors, and supplies essential non-food catering necessities and equipment.
Bid Corporation Limited is most often compared with the following Consumer Defensive names: