https://newsletter.en.creamermedia.com
Bell Equipment|Equipment
Bell Equipment|Equipment
bell-equipment|equipment

Bell Equipment’s earnings to fall on soft market conditions

11th October 2024

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

JSE-listed Bell Equipment expects its earnings per share (EPS) and headline earnings per share (HEPS) for the year to end December 31, to decrease by at least 25%, compared with the EPS and HEPS of 799c and 798c, respectively, in the previous year.

A further trading statement for the period will be released once the company has more certainty regarding the extent of the expected decrease in its results.

It was reported in the interim results to June 30 that key markets had softened considerably and that the second half of the year was expected to be more challenging than the first half.

The expected decrease in earnings is mainly owing to these weaker conditions in most of the markets where the group is active.

This has had a negative impact on production volumes and sales performance, as reflected in the sales reports for the third quarter to September 30 of the current fiscal year, and in the sales outlook for the remainder of the year, the company points out.

It expects to release its results for the period on or about March 28, 2025. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

 

Latest News

SAPVIA CEO Dr Rethabile Melamu
South Africa PV capacity increases 12% in 2024
20th December 2024 By: Schalk Burger

Showroom

Victaulic
Victaulic

Since 1919, Victaulic’s innovative solutions and design services continue to increase construction productivity and reduce risk, ensuring projects...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.189 0.282s - 172pq - 2rq
Subscribe Now