Bekaert achieved € 1.8 billion consolidated sales and € 2.3 billion combined sales in the first half of 2012.
Consolidated sales were stable (+0.2%) in comparison with the same period of 2011. The organic sales decline (-12.4%) was compensated by the net impact of acquisitions and divestments (+7.9%) and positive currency effects (+4.7%).
At the combined(1) level, sales were down 6.5% in comparison with the first half of 2011. The organic sales decline (-8.0%) and the net effect of acquisitions and divestments (-1.6%) were partly tempered by favorable exchange rate movements (+3.1%).
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Consolidated sales were stable (+0.2%) in comparison with the same period of 2011. The organic sales decline (-12.4%) was compensated by the net impact of acquisitions and divestments (+7.9%) and positive currency effects (+4.7%).
At the combined(1) level, sales were down 6.5% in comparison with the first half of 2011. The organic sales decline (-8.0%) and the net effect of acquisitions and divestments (-1.6%) were partly tempered by favorable exchange rate movements (+3.1%).
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