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UNAUDITED INTERIM RESULTS FOR THE PERIOD ENDED 30 JUNE 2021
BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/013656/06)
Share code: BEL
ISIN: ZAE000028304
("Bell Equipment" or "the Company")
UNAUDITED INTERIM RESULTS FOR THE PERIOD ENDED 30 JUNE 2021
INTRODUCTION
Bell Equipment is a Proudly South African and global company with more than 60 years of experience in the
manufacture, distribution and support of materials handling equipment. Our comprehensive network of Bell branches
and independent dealers supplies equipment solutions, ancillary products and after-sales services to the
agriculture, forestry, waste handling, construction and mining industries worldwide.
The content of this short form announcement is the responsibility of the board of directors of the Company.
Shareholders are advised that this short form announcement represents a summary of the information
contained in the full announcement and does not contain full or complete details of the financial results.
Any investment decisions by investors and/or shareholders should be based on a consideration of the full
announcement as a whole and shareholders are encouraged to review the full announcement, which is available
for viewing on the Company's website (www.bellir.co.za).
Link to full results https://senspdf.jse.co.za/documents/2021/jse/isse/BEL/Interim21.pdf
The full announcement is also available for inspection, at no charge, at the registered office of the Company,
13 - 19 Carbonode Cell Road, Alton, Richards Bay, 3900 and at the offices of Bell Equipment Limited's sponsor,
Investec Bank Limited, 100 Grayston Drive, Sandown, Sandton, during normal business hours from Thursday,
9 September 2021. Investors and/or shareholders may request copies of the full announcement from the
Company Secretary (Diana.Mcilrath@bellequipment.com).
FINANCIAL AND OPERATING RESULTS
Six months Six months
ended ended
30 June 2021 30 June 2020 % change
R'000 R'000
Revenue 3 843 374 3 078 599 25
Profit from operating activities 267 230 773 34 471
Profit (loss) for the period 175 754 (52 323) 436
Net cash inflow for the period 264 214 444 545 (41)
Earnings (loss) per share (basic)(cents) 177 (48) 469
Headline earnings (loss) per share (basic)(cents) 176 (31) 668
Net asset value per share (cents) - restated 3 779 3 804 (1)
DIVIDENDS
Due to ongoing uncertainty regarding the future impact of the COVID-19 pandemic, the board of directors has
resolved not to declare an interim dividend for the six-month period ended 30 June 2021 (June 2020: nil).
On behalf of the board
Gary Bell Leon Goosen
Chairman Chief Executive
Richards Bay
7 September 2021
DIRECTORS
Non-executive
GW Bell (Chairman), JR Barton* (Lead Independent),
DH Lawrance*, HR van der Merwe*, ME Ramathe*, R Naidu*, AJ Bell
*Independent
Executive
L Goosen (Group Chief Executive), A Goordeen (Alternate),
KJ van Haght (Group Finance Director)
Registered Office
13 - 19 Carbonode Cell Road, Alton, Richards Bay, 3900
Company Secretary
D McIlrath
Transfer Secretaries
JSE Investor Services Proprietary Limited
19 Ameshoff Street, Johannesburg, 2000
Sponsor
Investec Bank Limited
100 Grayston Drive, Sandown, Sandton, 2196
Auditors
Deloitte & Touche
www.bellir.co.za​​​​​​​
Date: 09-09-2021 10:23:00
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