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BEL - Bell Equipment Limited - Revised trading statement

Release Date: 02/03/2011 09:44
Code(s): BEL
Wrap Text

BEL - Bell Equipment Limited - Revised trading statement 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") REVISED TRADING STATEMENT Shareholders are referred to the trading statement released on SENS on 15 December 2010 wherein it was reported that it was estimated the Company would be achieving break even (or possibly a marginal profit) by year end as opposed to the R272 million loss for the 2009 financial year. Bell Equipment herewith reports that it now expects earnings and headline earnings per share for the financial year ended 31 December 2010 to be between 20 to 35 cents, compared to the loss and headline loss per share of 274 cents for the 2009 financial year. Although the audit of the above information is substantially complete, it has not yet been reported on by the Company`s auditors. Audited results for the year ended 31 December 2010 are expected to be announced on SENS on or about 14 March 2011. Richards Bay 2 March 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02/03/2011 09:44:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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