BID CORPORATION LIMITED – Trading Statement – SENS
Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN ZAE 000216537
(“Bidcorp” or “the company” or “the group”)
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, Bidcorp is required to
publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that
the financial results for the year ended June 30th 2022, will differ by at least 20% from those of the
previous corresponding year ended June 30th 2021.
Shareholders are referred to the trading update provided to the market on May 25th 2022 and are
further advised that the positive trading has continued into the last quarter of the financial year
across almost every geography the group operates in. This trend has also continued into July,
buoyed by a positive Northern Hemisphere summer. Full details will be provided upon the release of
the group’s full year financial results.
Headline earnings per share (“HEPS”) is expected to be between 75% (1519,7 cents per share) and
80% (1563,1 cents per share) higher than the comparative year (2021: 868,4 cents per share).
Bidcorp has previously achieved an all-time HEPS high from continuing operations of 1395,4 cents
per share in the pre-COVID 2019 financial year. Basic earnings per share (“EPS”) is expected to be
between 54% (1423,9 cents per share) and 59% (1470,1 cents per share) higher than the
comparative year (2021: 924,6 cents per share).
It is expected that Bidcorp will release its full year results for the year ended June 30th 2022 on or
about August 24th 2022. The information above has not been reviewed and reported on by the
August 11th 2022
Sponsor: The Standard Bank of South Africa Limited
Date: 11-08-2022 12:11:00
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