BEL
BEL
BEL - Bell Equipment Limited - Trading statement
BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
ISIN: ZAE000028304
Share Code: BEL
("the group" or "the Company")
TRADING STATEMENT
The Company`s results for the year to December 2011 are expected to show an
improvement of at least 20% from those reported for the year to December
2010 - due to an improvement in trading conditions and particularly in
demand from the mining sector. The group is therefore required in terms of
the JSE Limited ("JSE") Listings Requirements to issue a trading statement.
However, in view of the volatility in exchange rates and the uncertainty as
to timing of finalisation, and hence delivery, of certain orders ahead of
year end, the Company cannot with reasonable certainty quantify the extent
of its results for the year to 31 December 2011 within the 20% range
required by the JSE Listings Requirements.
It is expected that a further trading statement for the year to December
2011 will be issued at a later stage, which should be in March 2012. The
forecast financial information on which this trading statement is based has
not been reviewed and reported on by the Company`s external auditors.
Richards Bay
23 December 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Limited)
Date: 23/12/2011 10:00:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
