Brian Bell on track to record another strong year: CEO

Business

BRIAN Bell Group is on track to record another “strong year” in 2022, says group chief executive officer Cameron Mackellar.
Mackellar said this was possible if the economic outlook was reasonable in the second half of the year, and the country’s inflation rate was kept in check by good fiscal management.
He said all the retailer’s divisions recorded growth in a strong first-half performance.
“The state of the economy is clearly in a completely different position to that of the Brian Bell Group,” Mackellar told The National.
“As we have no control over economy, we’ll leave the economic activities forecasting to the PNG experts and continue to concentrate our efforts on the Brian Bell Group values and growth strategies.
“Our key banking partners are continuing to support our regular needs for foreign currency, and we thank them for that.
“Our investments in rebuilding our Kokopo Homecentre remains on track for later this year and our new Homecentre in Goroka is making great progress.
“This will be completed and operational on early 2023.”
Commenting on Brian Bell’s Australian investment in Orange Digital, Mackellar said: “No further investments have been made in Australia and we remain happy with the overall performance of Orange Digital since we appointed a new chief executive officer Alan Paul just a few months ago.
“We have a long-term plan in place for Orange and look forward to seeing the business grow in the next few years.”