BRIEF-Bell Equipment Says FY Basic HEPS Of 80 Cents

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BRIEF-Bell Equipment Says FY Basic HEPS Of 80 Cents
Credit: © Reuters.

May 29 (Reuters) - Bell Equipment Ltd BELJ.J :

* ABRIDGED CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2019

* BOARD OF DIRECTORS HAS RESOLVED NOT TO DECLARE A FINAL DIVIDEND FOR YEAR ENDED 31 DECEMBER 2019

* DIRECTORS HAS RESOLVED NOT TO DECLARE A FINAL DIVIDEND FOR YEAR ENDED 31 DECEMBER 2019

* FY BASIC HEPS OF 80 CENTS

* FY REVENUE 7.82 BILLION RAND VERSUS 7.53 BILLION RAND

* FY BASIC EPS 79 CENTS

* SO FAR SEEN DELAYS BUT NO SIGNIFICANT CANCELLATION OF CUSTOMER ORDERS DUE TO VIRUS

* EXECUTIVE COMMITTEE COMMITTED TO 25% PAY CUT FOR 3 MONTHS, NON-EXECUTIVE DIRECTORS COMMITTED TO 30% CUT IN MEETING FEES FOR 6 MONTHS

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