Bell Equipment Limited (JSE:BEL)

Revenue by Segment

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Direct Sales Operations - South Africa	4.79B	4.48B	4.41B	3.94B	3.06B
Direct Sales Operations - South Africa Growth	6.77%	1.71%	11.79%	28.77%	2.29%
Direct Sales Operations - Rest of Africa	-	773.70M	888.91M	586.78M	339.13M
Direct Sales Operations - Rest of Africa Growth	-	-12.96%	51.49%	73.02%	4.75%
Manufacturing, Assembly,Logistics and Dealer Sales Operations - South Africa	7.33B	8.41B	8.68B	7.02B	5.12B
Manufacturing, Assembly,Logistics and Dealer Sales Operations - South Africa Growth	-12.81%	-3.14%	23.69%	37.24%	20.58%
Direct Sales Operations - Zambia	929.82M	-	-	-	-
Other Operations and Inter-Segmental Eliminations	-5.54B	-6.21B	-6.64B	-5.40B	-3.79B
Manufacturing, Assembly,Logistics and Dealer Sales Operations - Europe	3.64B	4.23B	6.18B	4.12B	3.29B
Manufacturing, Assembly,Logistics and Dealer Sales Operations - Europe Growth	-13.94%	-31.44%	49.79%	25.42%	27.85%
Total	11.15B	11.70B	13.51B	10.28B	8.02B
Total Growth	-4.65%	-13.44%	31.50%	28.18%	19.83%

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jun 13, 2026

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