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BELL EQUIPMENT LIMITED - Trading statement

Release Date: 03/08/2015 16:01
Code(s): BEL     PDF:  
Wrap Text
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

In terms of the Listings Requirements of the JSE Limited,
companies are required to provide guidance to the market when
they are satisfied that a reasonable degree of certainty exists
that the financial results for the forthcoming reporting period
will differ by at least 20% from the results of the previous
corresponding reporting period.

Shareholders are advised that the Company expects earnings and
headline earnings per share for the six months ended 30 June
2015 to be between 100 cents and 110 cents, an increase of
between 61% and 80% higher, compared with the earnings and
headline earnings per share of 62 cents and 61 cents
respectively for the six months ended 30 June 2014.

Trading conditions remain difficult and the increase in earnings
is mainly due to right-sizing and cost reduction initiatives and
foreign currency gains during the period.

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

It is anticipated that Bell Equipment will release its unaudited
interim results on SENS on or about 11 August 2015.


Richards Bay
3 August 2015

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




2857/02/2012

Date: 03/08/2015 04:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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