Bidcorp reported a 10% trading profit growth and constant currency HEPS growth for the year-to-date to April 2025, despite currency volatility impacting rand-translated results by 3.8%. The group’s global operations faced subdued consumer spending due to cost-of-living pressures, with challenging conditions in Greater China, Australia, and New Zealand, while South Africa and South America showed positive performance. Revenues grew by 6.7% in constant currencies, with 4.6% organic growth, and the EBITDA margin improved to 5.8%, supported by strong UK margins.
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