Full Year Results 2023

Bekaert will publish its Full Year Results 2023 on Friday 1 March 2024.

On this occasion we would like to invite you to the Full Year Results conference call hosted by CEO Yves Kerstens and CFO Taoufiq Boussaid at 10:00 a.m. CET.


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.

Third quarter trading update trading update: 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.

Creating sustainable value

Investing in Bekaert … is taking part in:

  • The growth ambitions of a world market and technology leader
  • Our transformation towards higher level performance and value creation
  • A corporate socially responsible company with more than 27 000 engaged employees worldwide and high ambitions to create a truly sustainable business
  • Our commitment to return value to our shareholders

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.

Latest news


Update on the sale of Bekaert’s Steel Wire Solutions businesses in Chile and Peru

Read more

Bekaert announces the seventh tranche of its Share Buyback Program

Read more

Contact us

  • Guy Marks – VP investor Relations
  • Dries Van Hamme – Investor Relations Manager