JSE-listed food services multinational Bidcorp increased its revenue for the financial year ended June 30 by 2.8% year-on-year to R242.2-billion, while its trading profit increased by 6.5% to R13.8-billion. Trading margins increased by 20 basis points to 5.7%, with the 30 basis points of gross margin improvement more than offsetting the ten basis points increase in the company's costs.

Bidcorp delivers steady full-year performance despite a challenging trading environment

JSE-listed food services multinational Bidcorp increased its revenue for the financial year ended June 30 by 2.8% year-on-year to R242.2-billion, while its trading profit…