Bell Equipment flags 25% fall in HEPS as market conditions take a toll
For the past few years, Bell has benefited from unprecedentedly strong global market demand post-Covid
11 October 2024 - 13:35
UPDATED 13 October 2024 - 16:10
Bell Equipment, a designer, manufacturer and distributor of heavy industrial machinery, has flagged that its profit for the year to end-December is expected to fall by at least a quarter.
Headline earnings per share (HEPS) are expected to be at least 25% lower than the 798c reported in the prior period, the group said in an update on Friday, citing the effect of weak market conditions on production volumes and sales...
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