Bell Equipment swings into a loss as sales plummet
Covid-19 restrictions caused havoc across the supply chain of the earth-moving equipment producer
Earth-moving equipment group Bell Equipment, which had its worst financial year yet in 2020 having swung into a R57.16m loss, says its outlook for SA remains depressed as the country grapples with low infrastructure spending in a weakened economy with spiralling national debt.
Bell Equipment said that as one of the country’s leading original equipment manufacturers it is on the lookout for government opportunities for the off-road articulated dump trucks (ADTs) imported into SA. ..