BRIEF-Bell Equipment reports fall in full-year HEPS

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  • Stock Market News
BRIEF-Bell Equipment reports fall in full-year HEPS

March 16 (Reuters) - Bell Equipment Ltd BELJ.J :

* Group did not achieve its goal of delivering financially sustainable results in 2016

* Very modest profit of R39 million for 2016 represents a significant decline on previous year profit of R142 million

* FY revenue 6.002 billion ranv versus 5.901 billion rand year ago

* FY diluted headline earnings per share 39 cents versus 138 censt year ago

* Board has initiated a programme to ensure that a successor will be in place when Gary Bell, current chief executive officer, elects to retire Source text for Eikon: ID:nJseP0040a Further company coverage: BELJ.J

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