Tuesday, 04 August 2015 10:31

Bell Equipment expects significant growth in earnings per share for the six months ended 30 June 2015

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Right-sizing and cost reduction initiatives and foreign currency gains boosts Bell Equipment’s results for the six months ended 30 June 2015.

Bell

Bell Equipment anticipates 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.

Last modified on Tuesday, 04 August 2015 21:34

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Murray & Roberts
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Murray & Roberts is South Africa’s leading engineering and construction services company. It has delivered infrastructure throughout South and Southern Africa for more than 110 years and is today recognised as an international engineering and construction…