BEL
BEL
Bell Equipment Limited - Trading Update
BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
Share code: BEL ISIN: ZAE000028304
("Bell" or "the Company")
Trading Update
In line with comments contained in previous announcements and most recently in
our 2005 annual report, the directors are pleased to announce that with the
termination of the contract which resulted in sales to John Deere at a gross
loss which are now done on a cost plus margin basis , the benefits of the
royalty based agreements whereby Bell produces Deere products in South Africa
and Deere assembles Bell Articulated Dump Trucks in the USA, and general
improvements, the results for the first quarter of 2006 which are unaudited and
have not been reviewed by the external auditors reflect an after tax profit of
R27,06 million which translates into headline earnings of 28 cents per share.
This announcement should not be seen as a precedent for quarterly trading
statements in the future.
By order of the Board
Richards Bay
3 May 2006
Sponsor: Investec Bank Limited
Date: 03/05/2006 09:00:56 AM Produced by the JSE SENS Department
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