Bidcorp reports solid FY2025 performance, revenue up 4.3%
Bidcorp reported a solid performance for the year ended June 30, 2025, with revenue increasing by 4.3% to R235.6 billion (6.8% in constant currency). Trading profit rose by 6.4% to R12.9 billion (9.3% in constant currency), while headline earnings per share grew by 6.5% to 2,562.7 cents (9.6% in constant currency). The company also achieved strong cash generation, with 122% of trading profit and 108% of EBITDA converted into cash.
The directors declared a final gross cash dividend of 600.0 cents per ordinary share, bringing the total dividend distribution for the full year to 1,160.0 cents, an increase of 6.4%. The record date for the final dividend is Friday, September 26, 2025, with payment scheduled for Monday, September 29, 2025.
The virtual annual results presentation will be held today, August 27, 2025, at 10h00 SAST. Audited annual financial statements are available on the company's website and via SENS.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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