Frequently asked questions

  • What is the profile of Bekaert?

Bekaert ( is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with 30 000 employees worldwide, headquarters in Belgium and € 4 billion in annual revenue.   

  • In which sectors is Bekaert present?    
Bekaert is present in:
The automotive sector (mainly a replacement market)  41%
Construction sector  (mainly project and infrastructure) 24%
Energy and utilities  11%
Consumer products  7%
Agriculture (mainly in the America’s)   7%
Basic materials 6%
Machinery 4% 

 sectors 2015


  •   Where is Bekaert active? Bekaert has a worldwide activity platform in almost 40 countries 
    World map plants, offices June 2015
  • How many people are employed by Bekaert?
    Bekaert employs about 29 026 people 
    Bekaert worldwide  29 026   
    Of which in consolidated companies 24 772   
    Of which in joint ventures  4 254 (mainly South America) 
    Europe 7 331 of which 1 931 in Belgium 
    North America 1 625  
    Latin America 8 220  
    Asia 11 850  

    • How much does Bekaert invest in R&D?

      In 2015, Bekaert invested about 65 million euro in R&D.
      Bekaert has 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.  
    • What are the important dates of the dividend?                
        Ex-date  Record date  Payable date 
      2017  11 May 12 May  15 May 
      2018  11 May 14 May  15 May 

    • What is Bekaert’s shareholders’ structure?                        

      The principal shareholder is Stichting Administratiekantoor Bekaert (SAK) and holds 36.21% of the shares.
      34.01% are institutionals. 
      21.90% are Belgian retail and Private banking
      07.07% are treasury shares
      The remainder is unidentified.  



      • 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.  

    2017: 10 May 

    2018: 09 May

    • What is the composition of the Board of Directors?
    • The Board of Directors consists of 15 members, who are appointed by the General Meeting of 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.

      Composition Board of Directors as from the General Meeting of Shareholders of 11 May 2016: 
        • Mr. Bert De Graeve, Chairman
        • Mr. Matthew Taylor, CEO
        • Ms. Celia Baxter (*) 
        • Mr. Alan Begg (*) 
        • Mr. Leon Bekaert
        • Mr. Grégory Dalle
        • Mr. Charles de Liedekerke
        • Mr. Christophe Jacobs van Merlen
        • Mr. Maxime Jadot
        • Ms. Pamela Knapp (*) 
        • Ms. Martina Merz (*) 
        • Ms. Emilie van de Walle de Ghelcke
        • Mr. Henri Jean Velge
        • Ms. Mei Ye (*) 
    (*) Independent Directors
    • Which are the committees of the Board of Directors?
    • The Board of Directors has established three advisory Committees.

      • the Audit and Finance Committee, chaired by Lady Barbara Thomas Judge, independent Director
      • the Nomination and Remuneration Committee, chaired by the Chairman of the Board
      • and the Strategic Committee, chaired by the Chairman of the Board.  
      • How is the Executive Management operating?

      The Bekaert Group Executive assumes the operational responsibility for the company’s activities and acts under the supervision of the Board of Directors. The executive management team is chaired by Matthew Taylor, Chief Executive Officer.
      The operational responsibility for the company’s activities is assigned to the Bekaert Group Executive which is supervised by the Board of Directors. The Bekaert Group Executive is chaired by the Chief Executive Officer and its members bear the title of Executive Vice President. They are responsible for the global business platforms, the regional operations and the global support functions respectively.
      Bruno Humblet, Chief Financial Officer and Executive Vice President Bekaert Latin America, will become Chief Executive Officer of the proposed Bridon Bekaert Ropes Group. This appointment is conditional upon, and effective from, the completion of the merger announcement. Bruno will step down as a member of the Bekaert Group Executive.
      The nomination of a new CFO will be announced in due course.
      Stijn Vanneste has been promoted to Executive Vice President Europe, South Asia and South East Asia. He  became a member of the Bekaert Group Executive as of April 2016. Stijn joined Bekaert in 1995 and has taken up several international management positions in the Group before his most recent position as Senior Vice President Manufacturing Excellence.
      The Bekaert Group Executive consists of 9 members and is composed as follows:
      Matthew Taylor, CEO
      Beatriz García-Cos Muntañola, CFO
      Lieven Larmuseau, Executive Vice President Rubber Reinforcement
      Curd Vandekerckhove, Executive Vice President North Asia and Global Operations
      Geert Van Haver, Chief Technology Officer
      Stijn Vanneste, Executive Vice President EMEA,
      South Asia and South East Asia
      Piet Van Riet, Executive Vice President Industrial & Specialty Products
      Frank Vromant, Executive Vice President Americas
      Bart Wille, Chief HR Officer

      • Who is the external supervisor?

      The company’s Statutory Auditor is Deloitte Bedrijfsrevisoren.



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