Food-service group Bidcorp,and other clients, says its UK business helped boost annual profits despite the country’s messy divorce from the EU.
“Bidcorp has again delivered a solid performance for the year considering the volatile economic conditions in many of its operating geographies,” it said. “Trading in most geographies remained positive despite persistent low food inflation and moderate economic growth,” Bidcorp CEO Bernard Berson said. “Good revenue growth and better gross margins helped offset cost pressures, particularly labour, energy and fuel.”