• What is the profile of Bekaert?
Bekaert (www.bekaert.com) is a world market and technology leader in steel wire transformation and coatings. Bekaert (Euronext Brussels: BEKB) is a global company with headquarters in Belgium, employing 27 000 people worldwide. Serving customers in 120 countries, Bekaert pursues sustainable profitable growth in all its activities and generated combined sales of € 4.4 billion in 2012.


In which sectors is Bekaert present?

  • Bekaert is present in:

    The automotive sector (mainly a replacement market)   34%
    Construction sector  (mainly project and infrastructure) 26%
    Energy and utilities  13%
    Equipment  8%
    Consumer products  8%
    Agriculture (mainly in the America’s)   6%
    Basic materials 5%

  sectors2012

 

  •   Where is Bekaert active?

Bekaert has a worldwide activity platform in almost 40 countries
World map (May 09)

  • How many people are employed by Bekaert?
Bekaert employs about 27 000 people 
Bekaert worldwide  27 000   
Of which in consolidated companies 22 500   
Of which in joint ventures  4 500 (mainly South America) 
      
       
Geographic      
Europe 5 900 of which   1 300 in Belgium 
North America 1 700  
Latin America 7 700  
Asia 11 700  

  • How much does Bekaert invest in R&D?

      In 2012, Bekaert invested about 70 million euro in R&D.
      There is an international R&D team in Belgium, a development team in China and several technical centers worldwide.

      Bekaert is also outward oriented by co-development with customers and through a network of universities.

    • What is the dividend policy of Bekaert?

      It is the policy of the Board of Directors to propose a profit appropriation to the Annual General Meeting which, insofar as the profit permits, provides a stable or growing dividend while maintaining an adequate level of cash flow in the company for investment and self-financing in order to support growth. In practice, this means that the company seeks to maintain a pay-out ratio of around 40% of the result for the period attributable to the Group over the longer term.

    • When will the dividend be payable?

      Bekaert dividend is payable one week after the General Meeting of Shareholders. 
      Calendar 2013: 15 May
      Calendar 2014: 21 May
       

    • What is the ex-date of the dividend?

      Calendar 2013: 10 May
      Calendar 2014: 16 May

    • What is Bekaert’s shareholders’ structure?

        The principal shareholder is Stichting Administratiekantoor Bekaert (SAK) and holds 38.13% of the shares. 34.82% are institutionals.  The remainder is unidentified.  

        Shareholder structure 2002  shareholders per county 2012

      • When was the Bekaert share first listed?

          December 1972

        • Does Bekaert give result guidance?

          Bekaert discloses its long term guidance on growth, returns, cash flow, EBIT, working capital, dividend policy, tax and on debt indicators.

        • When will the next Annual General Meeting of Shareholders take place?

          The General Meeting of Shareholders takes place every second Wednesday of May.  
          Calendar 2013: 8 May
          Calendar 2014: 14 May 

        • What is the composition of the Board of Directors?
        The Board of Directors consists of fourteen members, who are appointed by the General Meeting of Shareholders. Eight of the Directors are appointed from among candidates nominated by the principal shareholders. The Chairman and the Chief Executive Officer are never the same individual. The Chief Executive Officer is the only Board member with an executive function. All other members are non-executive Directors.

        Three of the Directors are independent in accordance with the criteria of Article 526ter of the Belgian Companies Code and provision 2.3 of the Belgian Corporate Governance Code: Dr Alan Begg (first appointed in 2008), Lady Barbara Thomas Judge (first appointed in 2007), and Mr Manfred Wennemer (first appointed in 2009, independent since 1 January 2010). Sir Anthony Galsworthy (first appointed in 2004) ceased to be independent upon his appointment to a fourth consecutive term of office on 9 May 2012.
        • Which are the committees of the Board of Directors?
        The Board of Directors has established three advisory Committees.
        the Audit 
        • and Finance Committee,
        • the Nomination and Remuneration Committee,
        • and the Strategic Committee.

         Each committee is chaired by the Chairman of the Board, and has one independent Director among its members.

         

        • How is the Executive Management operating?

        As from 1 January 2013 the Bekaert Group Executive (BGE) has seven members. It is chaired by the Chief Executive Officer and further consists of six members who bear the title of Executive Vice President and who are responsible for the global business platforms, the regional operations and the global functions

        • Who is the external supervisor?

        The company’s Statutory Auditor is Deloitte Bedrijfsrevisoren.

        • How can shares be registered and at what cost?

        Shareholders wishing to convert from bearer to registered shares can contact the legal department by phone (+32 56 23 05 11) or contact the IR department through the contact form on the website.

         

         

        Contact info

        Jérôme Lebecque
        Investor Relations Manager

        President Kennedypark 18
        B-8500 Kortrijk (Belgium)
        Telephone: +32 56 23 05 11

        BTW BE 0405.388.536
        RPR Kortrijk

        Contact Us

        better together

        • transmission-cable

          Situation

          Alcan and Bekaert joined forces to install 210 miles of transmission cable

          Solution

          Bekaert seamlessly adjusted the lengths of the reels to help Alcan’s trucks drive through mountainous terrain

          Result

          Alcan could meet their customer’s delivery requirements

        • Algeciras-port

          Situation

          Optimal reinforcement required for the concrete pavement of the Algeciras port terminal in Spain.

          Solution

          Concrete strengthened with Dramix steel fibers, offering high fatigue resistance and load bearing capacity.

          Result

          The solution largely exceeds the Spanish standard for the design and construction of port pavement set at a durability of at least 25 years.

        • ski

          Situation

          Skiers count on safety when they go up the mountain

          Solution

          In close cooperation Bekaert developed superior quality wires that meet the technical customer requirements of ropeway constructors

          Result

          The customer handles the production of the cables, but also on-site weaving (or splicing) and installation. The cables have a life expectancy up to 40 years

        • Bezinal-2000

          Situation

          Although zinc provides a barrier to corrosion in most environments, specific conditions accelerate the corrosion process

          Solution

          Bekaert, drawing from its deep expertise in coating technology, has developed an advanced zinc/aluminum coating

          Result

          Bezinal® 2000 increases corrosion resistance with up to 500% compared to traditional galvanization

        • Bezinal-Plus-cardoor-lock

          Situation

          Although zinc provides a barrier to corrosion in most environments, specific conditions accelerate the corrosion process

          Solution

          Bekaert, drawing from its deep expertise in coating technology, has developed an advanced zinc/aluminum coating

          Result

          The Bezinal®PLUS coating eliminates expensive supplementary coatings for many applications, thus ensuring increased wear life for spring wire applications

        • Brickforce

          Situation

          Want to create long aesthetical walls and avoid movement joints

          Solution

          Applying Brickforce® allows me to double my joint distance

          Result

          With Brickforce® masonry reinforcement I can create new and exciting masonry wall design

        • Dramix-civil

          Situation

          You want to apply innovative solutions tailored to your projects

          Solution

          We analyze possibilities and come with economical solutions

          Result

          Save money and time during construction

        • Dramix-club

          Situation

          Learning about and finding your specific situation for an innovative and safe concrete reinforcement

          Solution

          Dramix® Club serves you with product info, design tools and execution details

          Result

          All specialists in the construction in industry can find ready-to-use tools & info

        • Drapo

          Situation

          Customer wants to design safely and economically

          Solution

          Bekaert offered and learned how to design industrial floors using the Drapo online software tool

          Result

          Customers have a fast way of design, with a full back-up team

        • Dramix

          Situation

          Looking for new opportunities for high performance constructions

          Solution

          Dramix® offers constructors an efficient and cost effective concrete reinforcement

          Result

          Gain on labor and time

        • concrete-pipe

          Situation

          We had huge rebar stocks and were dependent on our suppliers of traditional rebar

          Solution

          With Bekaert’s help, we switched to Dramix® for all our concrete pipe diameters

          Result

          Now we can respond easily to the specific demand of our customers

        • using-Dramix

          Situation

          I want to increase my productivity

          Solution

          Skip mesh placing by using Dramix®

          Result

          Can offer my customers a faster and more economical solution

        • Bekaert-lab

          Situation

          We need a safe solution and huge monthly volumes

          Solution

          Via tests in the Bekaert lab, we worked out the required fiber mix with the lowest cost to serve our customers

          Result

          Cost efficiency must not be a compromise on quality

        • Mesh-track

          Situation

          Our concrete taxiways were in a terrible state

          Solution

          Mesh track was the only alternative for us to solve the problem

          Result

          In an 8 year period, we had only positive experiences with this durable solution

        • Murfor

          Situation

          Want to create long aesthetical walls and avoid movement joints

          Solution

          Applying Murfor® allows me to double my joint distance

          Result

          Using Murfor®, I can create modern masonry walls

        • Stucanet

          Situation

          As an architect, I want unlimited possibilities to create round forms

          Solution

          Applying Stucanet® allows an easy execution

          Result

          Ease of use is not a compromise on creativity

        • burner

          Situation

          Customer demand for compact boiler design through a total solution.

          Solution

          Joint development of an environment-friendly burner system.

          Result

          Customers improve their competitiveness.

        • muselet

          Situation

          ICAS-HITE-Schneider group face ever higher demands and improving manufacturing standards for champagne muselets, the wire nets over the corks on sparkling wines

          Solution

          Development of Bekilacq®, a galvanized wire which we can lacquer in any color and doesn’t flake

          Result

          Bekaert continuous to cherish and support their unique partnership with the ICAS-HITE’s group

        • diesel-particulate-filter

          Situation

          Ever-tougher emission standards and legislation are forcing OEMs to develop ever-cleaner engines.

          Solution

          A sintered metal fiber web made of Bekaert metal fibers is used in a diesel particulate filter to lower the emission and to make filter maintenance redundant.

          Result

          Customers discover that filtration based on metal fibers is an excellent alternative to traditional ceramic filters.

        • booster

          Situation

          Increasing regulation and demand for product certification.

          Solution

          Dramix® booster: a proportioning device to integrate in ready mix depots.

          Result

          Automated mixing in set proportions.

        • Dramix-green

          Situation

          Fight corrosion as one of the main causes of damage to reinforced concrete.

          Solution

          Development of Dramix®Green containing a new corrosion inhibitor.

          Result

          Checking for surface defects in the concrete is no longer needed and rust stains are a thing of the past.

        • diesel-engine

          Situation

          Development of an environment-friendly diesel engine for trucks.

          Solution

          A revolutionary cable, strong and weather-proof.

          Result

          EURO 5-proof solution applied in a quarter of all trucks in Europe.

        • elevator

          Situation

          Nork-2 and Bekaert joined forces to develop a solution for a lightweight, energy efficient machine room-less elevator.

          Solution

          Bekaert created Flexisteel®, an thin but very durable elevator rope that runs perfectly on the small diameter sheaves of the compact Nork-2 machines. Its properties not only exceed those of conventional elevator cables, it also allows a more economical elevator design than flat belts.

          Result

          Thanks to Bekaert and Flexisteel® Nork-2 can service the elevator industry with a competitive MRL solution.

        • wiper-blade

          Situation

          Intensive relationship leads to co-development.

          Solution

          Developing a flat wire allowing simplified wiper blade production & design.

          Result

          New dynamic in wiper blade industry.

        • flexible-pipe

          Situation

          In the offshore oil and gas industry, flexible pipe manufacturers are looking more and more for wires with sour resistant properties.

          Solution

          Based on rolling and heat treatment technologies, Bekaert creates niche solutions tailored to the customers'needs.

          Result

          Customers receive added value way down the supply chain.

        • guardrail

          Situation

          In the US, medians are generally not protected by a guardrail, the resulting head-on accidents often take a huge toll.

          Solution

          The integration of a Bekaert cable in the K-12 rated median barrier system, developed by Gibraltar.

          Result

          A tight partnership between Bekaert and Gibraltar Cable Barrier System resulted in the installation of the new system in 15 different states across North America.

        • heating-cord

          Situation

          Cut emissions of Nox Nitrogen oxides in diesel engines, which involves injecting a urea-based liquid into the exhaust.

          Solution

          Bekaert heating cord is a special plastic-coated stainless-steel cable with a specific electrical resistance, reinforcing the injection hose.

          Result

          Today, Bekaert heating cord is fitted as standard to about a quarter of all the trucks in Europe.

        • high-voltage-power-line

          Situation

          Growing demand for transmission capacity, requiring resistance to increasing operating temperatures.

          Solution

          A steel core based conductor concept based on Bekaert wires with increased strength and an alternative coating

          Result

          Increased power grid capacity within the existing high voltage power lines network.

        • general-cable

          Situation

          Approximately 70% of transmission lines in the U.S. are more than 25 years old

          Solution

          Bekaert supplied General Cable all of the ACSR 7-wire strand for a project that involved 4 million feet of transmission cable

          Result

          Bekaert is a reliable global partner for General Cable’s future growth

        • shovel

          Situation

          Maximizing the efficiency of mechanical shovels by improving long-lasting wire rope

          Solution

          Incorporating a flat wire around the rope in the area where damage was occurring

          Result

          70% reduction in shovel downtime

        • wind-turbine

          Situation

          Ultra-strong and length-stable material is needed to reinforce synchronous belts which drive wind turbine blades.

          Solution

          A high-quality steel cord comprised of 83 twisted wires.

          Result

          Optimum tensile strength, length stability and adhesion with the rubber belt providing the wind turbine manufacturer with a substantially lighter, maintenance-free and space-saving solution.

        • steel-cord

          Situation

          Request for close contact with and tailor-made advice from Bekaert.

          Solution

          Bekaert teams visit customers’ plants to check on how our product is performing.

          Result

          Close to our steel cord customers, literally and figuratively.

        • HITE

          Situation

          Combining perfection and high production speed + maintain the rapid pace of growth.

          Solution

          The launch of a total quality management (TQM) project at the HITE plant in Spain.

          Result

          Higher output, a significant waste reduction and high cost savings for both parties.

        • wire-rod

          Situation

          Secure customer supply of our products despite extremely high market demand for wire rod and supply shortage.

          Solution

          Carry on Bekaert’s strategy of sourcing locally and maintaining good relations with suppliers.

          Result

          Continued production and delivery guarantee.

        • forklift

          Situation

          Preventing forklift accidents on the shop floor involving impact damage and personal injury

          Solution

          A wireless safety monitoring system that fully controls forklift access by means of specific identification keys, reports impact detection in real time, disables the forklift and sounds an audible alarm upon impact.

          Result

          Increased operator accountability has improved driving behavior and repair costs were brought down considerably.

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