2nd Edition 2018

Published: 08 October 2018
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Inside Track

Bell Equipment released financial results at the end of August for the interim period ended 30 June 2018 and we were able to deliver a satisfactory results thanks to ongoing economic growth and increased demand for equipment in Europe, the Americas and South East Asia.

Many of you are aware that locally investor appetite in general, but in particular for the mining and construction industries, has remained unresponsive because of policy uncertainty. We expect this general caution to continue in the run up to the 2019 national elections.

However, we are focussing on the long term and, by diversifying our offering to include tipper trucks and expanding our excavator range to include three mini excavator models, we remain committed to developing new opportunities locally that will enable us to better meet your equipment needs.

Following our exclusive distribution agreement with the Russian heavy-duty tipper manufacturer, Kamaz, the first trucks have been placed with customers and we are on an exciting learning curve to understand the different applications as we cut our teeth in this highly competitive market. In this edition you will find our first customer feature on these trucks.

Going forward, Bell will also continue its focus on customer support. We have recently relocated our Umhlali Customer Service Centre to a larger and more centrally located premises in eThekwini and we eagerly await the opening of our new Steelpoort Customer Service Centre at the end of September to better serve our growing customer base in that area.

We thank you for your loyal support during these uncertain economic times and for being part of our family. As a Bell team we believe that when we help our customers succeed so do we.

Leon Goosen
Group Chief Executive