BELL EQUIPMENT LIMITED - Trading statement

Trading statement

BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
ISIN: ZAE000028304
Share Code: BEL
(“Bell Equipment” or “the Company”)

TRADING STATEMENT

Shareholders are referred to the trading statement released on
SENS on 13 November 2014 wherein it was reported that it was
estimated that for the financial year ended 31 December 2014
(“the period”), the Company would show a reduction in results of
at least 30% from those reported for the year ended 31 December
2013.

Bell Equipment herewith reports that it expects earnings per
share (“EPS”) for the period to be between 57 and 77 cents (or
between 60% and 70% lower) and headline earnings per share
(“HEPS”) for the period to be between 37 and 57 cents (or
between 70% and 80% lower), compared with EPS and HEPS of 193
cents and 192 cents, respectively, for the year ended 31
December 2013. This expected reduction is mainly due to a
reduction in demand from the mining sector, which has had a
negative   impact  on  production  volumes  at  the  Company’s
production facilities.

Audited results for the period are expected to be announced on
SENS on or about 16 March 2015.

The financial information on which this trading statement is
based has not been reviewed and reported on by the Company's
external auditors.

Richards Bay
6 March 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06/03/2015 07:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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