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BID CORPORATION LIMITED - Results for the year ended June 30 2021

Release Date: 30/09/2021 07:05
Code(s): BID     PDF:  
Wrap Text
Results for the year ended June 30 2021

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”)


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 results – continuing operations:
-       Revenue R114,8 billion, down 4,8%
-       Trading Profit R4,8 billion, up 17,7%
-       HEPS 868,4 cents, up 21,8%
-       Cash generated by operations R7,7 billion
-       Free cash flow (after lease payments) R4,7 billion (absolute improvement of R2,0 billion)

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 2021 to those members registered on the record date, being Friday, October 22 2021.

      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:                                   Thursday, September 30 2021
      Last day to trade cum-dividend:                     Tuesday, October 19 2021
      First day to trade ex-dividend:                     Wednesday, October 20 2021
      Record date:                                        Friday, October 22 2021
      Payment date:                                       Monday, October 25 2021

Share certificates may not be dematerialised or rematerialised between Wednesday,
October 20 2021 and Friday, October 22 2021, 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:
The full audited announcement can be found on the company’s website:

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:
Bidcorp online results link:

Copies of the full announcement can be obtained from the company secretary on request at

Date: September 30 2021

Sponsor:       The Standard Bank of South Africa Limited

Date: 30-09-2021 07:05:00
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