Bell Equipment profit plunges, dividend suspended amid global slowdown

For the six months ended June 30, 2025, Bell Equipment Limited's revenue decreased 4% to R6,104,635. Profit from operating activities plummeted 43% to R302,804, while profit for the interim period fell 30% to R227,888.

Basic earnings per share declined 30% to 225 cents, and headline earnings per share (basic) saw a 23% reduction to 248 cents. However, net cash inflow for the period significantly increased 330% to R487,040.

The board decided not to pay a dividend at this time, opting to preserve cash resources due to a global slowdown in demand across key markets and a contracted USA market impacted by current tariff situations. The company announced the appointment of S Fitzpatrick as an independent non-executive director effective July 1, 2025, and H Ramsumer effective December 1, 2025.