Enhanced Investments - Financial Portal

Further Trading Statement

Published: 2022-03-23 15:05:00 ET

Bell Equipment Limited (JSE:BEL) News - 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 12 November 2021 wherein it was reported that the Company
expected to report earnings per share and headline earnings per
share of at least 300 cents, an increase of 367 cents per share
and of 331 cents per share respectively, for the year ended 31
December 2021 when compared to the loss per share and headline
loss per share of 67 cents and 31 cents respectively for the year
ended 31 December 2020.

Shareholders are advised that the Company’s earnings per share and
headline earnings per share for the year ended 31 December 2021
are expected to be between 295 cents and 305 cents per share (or
between 362 cents and 372 cents higher) and between 291 cents and
297 cents per share (or between 322 cents and 328 cents higher)
respectively, compared with the loss per share and headline loss
per share of 67 cents and 31 cents respectively for the year ended
31 December 2020.

The expected increase in earnings is mainly due to stronger market
conditions which has had a positive impact on production and sales
performance.

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 2021
are expected to be announced on SENS on 28 March 2022.

Richards Bay
23 March 2022
Sponsor: INVESTEC BANK LIMITED






Date: 23-03-2022 05:05:00
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329 South Oyster Bay Road #2085
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team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.