Bidcorp’s SA businesses performing above expectations in tough economy

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Bidcorp’s SA businesses performing above expectations in tough economy
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The company says political and social upheavals in several geographies have hurt some of its businesses

18 November 2019 - 20:33International food services group Bidcorp’s South African businesses has recovered from the Listeriosis outbreak and is performing above expectations despite SA’s economic woes, it said on Monday.

The problem businesses, namely Guzman in Spain, Pier7 in Germany and Bidfresh UK are making slow but steady progress. Bidcorp invests in SA, Australia, New Zealand, the UK, Europe, Singapore, China, the United Arab Emirates and Saudi Arabia.having an impact on some of its businesses. Its operations in Chile were performing well until October, when civil unrest hit its growth trajectory.

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