Bidfood annual report. A copy of the auditor’s report on the summa...
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Bidfood annual report. A copy of the auditor’s report on the summary consolidated financial statements and of the auditor’s report on the annual consolidated financial statements are available for inspection on the company’s website and at the company’s registered ofice, together with the financial statements identified in the respective auditor’s reports. Due to the expanse of local This report is drafted by the group’s investor relations team, with input from each business, detailed internal management and board reports, interviews with executive management, and the many engagements with key stakeholders throughout the course of the year. Oman, Bahrain, and the UAE performed well, while Saudi and Jordan disappointed. bility of the board. Trading profit, albeit flat in sterling terms, reflected a much-improved H2, ending up at 9,6% at R2,1 billion ( The audited annual financial results for the year ended June 30 2024 have been audited by PricewaterhouseCoopers Inc. Regional instability impacted supply chains – and costs – while boycotts of Western products, particularly in Saudi, impacted trading volumes. Aug 28, 2024 · Bidfood Middle East (BME) ended the year stronger than in the first half as sales and trading profits recovered. . Financial reporting The directors are required by the Companies Act to produce financial statements, which fairly present the state of affairs of the group and company as at the end of the financial year and the profit or loss for that financial year, in conformity with IFRS and the Companies Act. This document provides the overall performance level of the organisation, as well as any commitments they have made to work towards on their packaging sustainability journey.
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