Bell Equipment Ltd 2018 IR
The report highlights Bell Equipment Limited's performance for the 2018 fiscal year, during which the company maintained positive momentum by growing its global ADT sales and aftermarket business. Despite a significant currency devaluation loss in Zimbabwe, revenue and gross profit both increased by 10% to R7.5 billion and R1.5 billion respectively. Key operational milestones included the acquisition of Matriarch Equipment to strengthen the agriculture and forestry sector, and the opening of an American Logistics Centre in North Carolina. The company also signed a landmark Memorandum of Understanding with SANRAL to accelerate transformation in the construction industry by providing emerging contractors with access to earthmoving machinery.
Company: Bell Equipment Ltd
Sector: Manufacturing
Country: South Africa
Year: 2018
Type: IR
Pages: 100
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Bell Equipment Ltd
Integrated Annual Report
The report highlights Bell Equipment Limited's performance for the 2018 fiscal year, during which the company maintained positive momentum by growing its global ADT sales and aftermarket business. Despite a significant currency devaluation loss in Zimbabwe, revenue and gross profit both increased by 10% to R7.5 billion and R1.5 billion respectively. Key operational milestones included the acquisition of Matriarch Equipment to strengthen the agriculture and forestry sector, and the opening of an American Logistics Centre in North Carolina. The company also signed a landmark Memorandum of Understanding with SANRAL to accelerate transformation in the construction industry by providing emerging contractors with access to earthmoving machinery.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 14, 2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees