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BID CORPORATION LIMITED - Results For The Year Ended June 30 2022

Release Date: 24/08/2022 07:05
Code(s): BID     PDF:  
Wrap Text
Results For The Year Ended June 30  2022

Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN ZAE 000216537
(“Bidcorp” or “group” or “the company”)

RESULTS FOR THE YEAR ENDED JUNE 30 2022

At Bidcorp, it's our people that differentiate us and make us successful. We are very proud of the
achievements of our team around the world in these difficult times.

FINANCIAL HIGHLIGHTS
-     Revenue R147,1 billion, up 28,2%
-     Trading Profit R7,6 billion, up 58,5%
-     Cash generated by operations before working capital R9,9 billion, up 41,4%
-     HEPS 1 538,3 cents, up 77,1%

DIVIDEND DECLARATION
In line with the group dividend policy, the directors declared a final gross cash dividend of 400,0 cents
(320,0 cents net of dividend withholding tax, where applicable) per ordinary share for the year ended
June 30 2022 to those members registered on the record date, being Friday, September 23 2022.

      Share code:                                         BID
      ISIN:                                               ZAE000216537
      Company registration number:                        1995/008615/06
      Company tax reference number:                       9040946841
      Gross cash dividend amount per share:               400,0 cents
      Net dividend amount per share:                      320,0 cents
      Issued shares at declaration date (’000):           335 404
      Declaration date:                                   Wednesday, August 24 2022
      Last day to trade cum-dividend:                     Tuesday, September 20 2022
      First day to trade ex-dividend:                     Wednesday, September 21 2022
      Record date:                                        Friday, September 23 2022
      Payment date:                                       Monday, September 26 2022

Share certificates may not be dematerialised or rematerialised between Wednesday,
September 21 2022 and Friday, September 23 2022, both days inclusive.

This short form announcement (including constant currency information included for illustrative
purposes only) is the responsibility of the directors and is only a summary of the information in the
full announcement. The information in this announcement has been extracted from the audited
information, but the announcement is not itself audited.

Any investment decision should be based on the full announcement published on SENS and on the
company’s website: https://senspdf.jse.co.za/documents/2022/jse/isse/bide/FY_22.pdf

The full audited announcement can be found on the company’s website: www.bidcorpgroup.com
The consolidated annual financial statements including the audit opinion from
PricewaterhouseCoopers Inc. which sets out the key audit matters and the basis for the modified
opinion is available: www.bidcorpgroup.com
Bidcorp online results link: https://www.bidcorp-reports.com/results/annual-results-2022/index.php

Copies of the full announcement can be obtained from the company secretary on request at
ashley@bidcorp.co.za

Date: August 24 2022
Johannesburg

Sponsor:       The Standard Bank of South Africa Limited

Date: 24-08-2022 07:05:00
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