Trading Statement
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”)
TRADING STATEMENT
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 30 2023 will differ by at least 20% from those of the
previous corresponding year ended June 30 2022.
Shareholders are referred to the trading update for the 10 months to April provided to the market on
June 6th 2023, and are advised that the trading momentum continued into May and June, resulting in
a record performance for the group. 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 32% (2030,6 cents per share) and
36% (2092,1 cents per share) higher than the comparative year (2022: HEPS of 1538,3 cents per share).
Basic earnings per share (“EPS”) is expected to be between 40% (2022,0 cents per share) and 44%
(2079,8 cents per share) higher than the comparative year (2022: EPS of 1444,3 cents per share).
It is expected that Bidcorp will release its audited results for the year ended June 30 2023 on
August 30th 2023.
The information above has not been reviewed and reported on by the group’s auditors.
August 23rd 2023
Johannesburg
Sponsor: The Standard Bank of South Africa Limited
Date: 23-08-2023 07:30:00
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