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Manufacturing News South Africa

Bell Equipment H1 HEPS to rise by between 61% and 80%

Heavy equipment manufacturer, Bell Equipment said on Monday it expected its headline earnings per share for six months ended June 2015 to increase by between 61% and 80%, compared with the headline earnings per share of 61 cents in a similar period in 2014.
jarmoluk via
jarmoluk via pixabay.com

"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," Bell Equipment said.

Bell Equipment is expected to release its unaudited interim results on or about August 11.

Source: INET BFA

Source: I-Net Bridge

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