Bell Equipment Ltd 2022 IR
The report details Bell Equipment Limited's performance for the 2022 fiscal year, highlighting a 63% increase in profit after tax to R478.9 million and a 28.2% increase in revenue to R10.3 billion despite supply chain constraints and load shedding challenges. The group restructured its OEM business into Mining and Construction, Forestry and Agriculture, and Underground Mining divisions to enhance focus. Key developments include entering the motor grader market with production set for 2024 and advancing autonomous technology on Bell ADTs to the adoption stage. On the sustainability front, the group achieved Level 1 and Level 3 B-BBEE contributor status for its South African subsidiaries and invested in various community and environmental initiatives, including a grid-tied solar system installation.
Company: Bell Equipment Ltd
Sector: Manufacturing
Country: South Africa
Year: 2022
Type: IR
Pages: 132
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Bell Equipment Ltd
Integrated Annual Report
The report details Bell Equipment Limited's performance for the 2022 fiscal year, highlighting a 63% increase in profit after tax to R478.9 million and a 28.2% increase in revenue to R10.3 billion despite supply chain constraints and load shedding challenges. The group restructured its OEM business into Mining and Construction, Forestry and Agriculture, and Underground Mining divisions to enhance focus. Key developments include entering the motor grader market with production set for 2024 and advancing autonomous technology on Bell ADTs to the adoption stage. On the sustainability front, the group achieved Level 1 and Level 3 B-BBEE contributor status for its South African subsidiaries and invested in various community and environmental initiatives, including a grid-tied solar system installation.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Employees