2008-03-14 - Bekaert.com

2008-03-14



March 14, 2009 - Bekaert achieves strong result on record sales

–    Record sales of € 2 174 million (+8.2%)
–    Record EBITDA of € 299 million (+14%)
   8.6% EBIT margin on sales before non-recurring items, compared with 8.1% 8.0% EBIT margin on sales, compared with 7.3%
–    Earnings per share: € 7.63 compared with € 6.64 (+15%)
–    Gross dividend of € 2.76 per share compared with € 2.50 (+10.4%)

Sales

In 2007, Bekaert achieved consolidated sales of € 2.2 billion and combined sales of € 3.4 billion, an increase of 8.2% and 7.0% respectively.

The consolidated sales’ increase was 8.0% from organic growth and 2.5% from the net movement in acquisitions and divestments. Currency movements had a negative impact of 2.3%.

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