Bekaert: Third quarter trading update 2012


Press release

Summary & download

Please find attached a press release concerning the 3d quarter trading update 2012 of Bekaert.


Bekaert reports stable sales volumes in very challenging markets but is cautious on the outlook


Bekaert achieved consolidated sales of € 2 647 million and combined sales of € 3 361 million in the first nine months of 2012.

Consolidated sales increased by 2.0% and reflected stable sales volumes compared with the same period last year. The net effect of acquisitions and divestments (+8.0%) and the impact of currency movements (+5.4%) were largely neutralized by an organic sales decline (-11.4%) brought on by a weaker product mix due to the solar business collapse, steel-based raw material price decreases and persistent price pressure in highly competitive markets.

At the combinedlevel, sales were down 5.3% in comparison with the first nine months of 2011. The organic sales decline (-7.5%) and the net effect of acquisitions and divestments (-1.7%) were partly tempered by favorable exchange rate movements (+4.0%).


 en  fr  nl

We use cookies in order to let you fully experience this website. Cookies are small files we put in your browser to mainly track usage or remember your settings of our site but they don’t tell us who you are. Want to know more about how we use these Cookies please read our Cookie policy and Data privacy policy.