BRIEF-Bell Equipment Ltd Posts HY HEPS Of 131 Cents

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BRIEF-Bell Equipment Ltd Posts HY HEPS Of 131 Cents
Credit: © Reuters.

Aug 30 (Reuters) - Bell Equipment Ltd BELJ.J :

* UNAUDITED INTERIM RESULTS FOR THE PERIOD ENDED 30 JUNE 2018 AND CASH DIVIDEND DECLARATION

* WE ARE ENJOYING STRONG GLOBAL INCREASE IN DEMAND FOR ALL TYPES OF HEAVY EQUIPMENT

* HY REVENUE OF 3,7 BILLION RAND VERSUS 3,5 BILLION RAND YEAR AGO

* SEEN PRESSURE ON UPSTREAM SUPPLIERS TO MEET INCREASED VOLUME REQUIREMENTS

* DECLARED A GROSS INTERIM CASH DIVIDEND OF 20 CENTS PER ORDINARY SHARE FOR SIX-MONTH PERIOD ENDED 30 JUNE 2018

* GROUP IS MINDFUL OF CHALLENGE PRESSURE MAY POSE TO OUR MANUFACTURING AND SALES OPERATIONS IN COMING MONTHS

* "RESTRUCTURING EXERCISE HAS COMMENCED TO BETTER UTILISE AND DIRECT RESOURCES IN PURSUIT OF CONTINUOUS IMPROVEMENT"

* HY HEPS OF 131 CENTS

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