Bell Equipment Ltd. provided earnings guidance for the half year ended June 30, 2016. For the period, the company's earnings per share and headline earnings per share are expected to be at least 20% lower (21 cents lower) when compared to the EPS and HEPS of 106 cents and 101 cents, respectively, for the half year ended 30 June 2015. The expected decrease in earnings is due to a fraud in the Company's subsidiary in the Democratic Republic of Congo and the related deterioration in the financial results of that operation.