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Submitted URL: http://www.bekaert.com/
Effective URL: https://www.bekaert.com/content/corporate/us/en/home.html
Submission: On December 28 via manual from GR — Scanned from DE
Effective URL: https://www.bekaert.com/content/corporate/us/en/home.html
Submission: On December 28 via manual from GR — Scanned from DE
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* Related sites Related sites * Bekaert China * Bekaert Japan * Bekaert Costa Rica, Central America & Caribbean * Bekaert Latin America * Bekaert Fencing North America * Bekaert Construction North America * EN * EN * JA * Products & Applications * Markets * Automotive * Construction * Energy & Utilities * Agriculture * Consumer goods * Basic Materials * Equipment * Our core competencies * Sustainability * Protect the planet * Put people first * Act with integrity * Reports * Policies * Innovation * Creativity beyond steel * Research & Development * Engineering * About us * Our next chapter * What we do * Leading with a purpose * News Room * Where we are * History * Organization * Careers * Why join us? * The hiring process * Find a job * Digital opportunities * Global Graduates program * Working In Production * Investor relations * Shareholder Information * Company Information * Corporate Governance * News * Investor Resources Contact Us * Products & Applications * Markets * Automotive * Construction * Energy & Utilities * Agriculture * Consumer goods * Basic Materials * Equipment * Our core competencies * Sustainability * Protect the planet * Put people first * Act with integrity * Reports * Policies * Innovation * Creativity beyond steel * Research & Development * Engineering * About us * Our next chapter * What we do * Leading with a purpose * News Room * Where we are * History * Organization * Careers * Why join us? * The hiring process * Find a job * Digital opportunities * Global Graduates program * Working In Production * Investor relations * Shareholder Information * Company Information * Corporate Governance * News * Investor Resources * Related sites * Bekaert China * Bekaert Japan * Bekaert Costa Rica, Central America & Caribbean * Bekaert Latin America * Bekaert Fencing North America * Bekaert Construction North America Contact Us EN + * EN * EN * JA SHAPE THE WORLD WITH CREATIVITY BEYOND STEEL As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert also applies its expertise beyond steel to create new solutions with innovative materials and services THE WORLD’S GROWING POPULATION SEEKS NEW SOLUTIONS People’s behaviours are changing towards new ways of living. Global communities are evolving at a dynamic speed of growth. We believe it’s our responsibility to contribute to finding solutions for these challenges. Bekaert has always been a pioneer and we will continue to bring our expertise to make a positive difference for future generations. About us WHICH WORLD DO YOU SHAPE? AUTOMOTIVE Discover CONSTRUCTION Discover AGRICULTURE Read more BASIC MATERIALS Read more CONSUMER GOODS Read more EQUIPMENT Read more ENERGY AND UTILITIES Read more OUR TAKE ON SUSTAINABILITY * How do we protect the planet? * What is acting with integrity? * What does people first mean? Find out Join us in our ambition to shape the way we live and move. Yves Kerstens Chief Executive Officer Leading with a purpose WE STRIVE TO GO ABOVE AND BEYOND * What challenges do our customers face and will face? * What can we do differently and better? * How can we contribute to building a more sustainable environment? * Who can help us along the way? * Who can we help along the way? Find out INVESTOR RELATIONS Our ambition is to create sustainable value for all our stakeholders. We commit to high performance as this allows us to return shareholder value to the investors who enable us to develop and grow our business. How? CAPITAL MARKETS DAY On Thursday, 7 December 2023, Bekaert held a Capital Markets Day for institutional investors and analysts in London, at the Institution of Engineering and Technology. The event was hosted by members of Bekaert‘s senior leadership team including CEO, Yves Kerstens and CFO, Taoufiq Boussaid, who outlined our strategic priorities and prospects for the years ahead. * Download Presentation slides of the Capital Markets Day * Download Press release Capital Markets Day Watch a replay of the webcast here TRADING UPDATE FOR THE NINE MONTHS TO SEPTEMBER 2023: RESILIENT PERFORMANCE IN CHALLENGING MARKETS; PROFIT GUIDANCE FOR FY2023 Bekaert has delivered a resilient performance in the first nine months of 2023, despite many of our end markets remaining challenging. Sales of € 3 355 million (-13% against the same period in 2022) were lower in this period, as anticipated, from the reversal of raw material cost inflation and the normalization of energy surcharges in previous periods, and lower volumes, partially offset by a stronger mix. Bekaert continues to benefit from the execution of its strategy, with business selection driving price and mix improvements, alongside excellent cash conversion and cost discipline. The group is also making good progress in developing its new growth platforms and with the completion of the disposal of the Steel Wire Solutions businesses in Chile and Peru, Bekaert continues its repositioning into markets with higher growth and margin. Read the press release HALF YEAR RESULTS: ANOTHER PERIOD OF STRATEGIC PROGRESS AND FINANCIAL RESILIENCE IN DIFFICULT MARKETS Sales at € 2.3 billion • EBITu of € 226 million (margin 9.7%) • Free Cash Flow of € 80m • ROCE 20.5% • Net debt/EBITDAu of 0.8x Bekaert delivered another period of robust profitability and cash flows, and has addressed pro-actively weaker conditions in many of its end markets. Despite lower volumes, the core businesses continue to benefit from the successful execution of Bekaert’s strategy, alongside swift actions in the period to maintain pricing discipline and cost efficiencies. Whilst looking beyond, the repositioning to target new opportunities from the energy transition and decarbonization trends continues, with growing demand in a range of new products. Read the press release Imagine the power of diverse people around the world all thinking together. Kerstin Artenberg Chief Human Resources Officer Dare to go beyond LATEST NEWS View more 14 December 2023 Bekaert delivers first batch of tire reinforcement with third-party certified recycled steel content to Bridgestone Corporation Read more 07 December 2023 Bekaert invests further in electrolysis technologies for green hydrogen production Read more View more RELATED LINKS Products and applications How are we Sustainable? Investors information News Innovation is key * * Copyright © 2023 Bekaert. All rights reserved. * Follow us on * * * * * Web Privacy Policy * Cookie Policy * Sitemap * Related sites Bekaert China Bekaert Japan Bekaert Costa Rica, Central America & Caribbean Bekaert Latin America Bekaert Fencing North America Bekaert Construction North America Our website uses cookies. You can disable these cookies any time except strictly necessary cookies. If you want to change your preferences, click on “Cookies Settings”. By continuing, you are agreeing to ourBekaert Cookie Policy Cookies Settings Accept All Cookies PRIVACY PREFERENCE CENTER * YOUR PRIVACY * STRICTLY NECESSARY COOKIES * PERFORMANCE COOKIES * FUNCTIONAL COOKIES * TARGETING COOKIES YOUR PRIVACY When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. Bekaert Cookie Policy STRICTLY NECESSARY COOKIES Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information. 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