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BELL EQUIPMENT LIMITED - Further Trading Statement

Release Date: 26/03/2025 13:30
Code(s): BEL     PDF:  
Wrap Text
Further Trading Statement

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

FURTHER TRADING STATEMENT

Shareholders are referred to the trading statement released on
SENS on 23 December 2024 wherein it was reported that the Company's
earnings per share ("EPS") and headline earnings per share ("HEPS")
were expected to be at least 40% (320 cents) lower for the year
ended 31 December 2024 when compared to the EPS and HEPS of 799
cents and 798 cents respectively for the year ended 31 December
2023.

Shareholders are advised that the Company's EPS for the year ended
31 December 2024 is expected to be between 450 cents and 475 cents
(decrease of between 44% and 41% compared to 799 cents for the
year ended 31 December 2023). HEPS is expected to be between 450
cents and 475 cents (decrease of between 44% and 40% compared to
798 cents for the year ended 31 December 2023).

The expected decrease in earnings is mainly due to weaker market
conditions.

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

The audited financial results for the year ended 31 December 2024
are expected to be announced on SENS on 28 March 2025.

Richards Bay
26 March 2025
Sponsor: INVESTEC BANK LIMITED

Date: 26-03-2025 01:30:00
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