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NV Bekaert SA Bekaertstraat 2 8550 Zwevegem, Belgium http://www.bekaert.com
Contact Ms Jacques Anckaert +32 56 23 05 72
Company logo of NV Bekaert SA
NV Bekaert SA

Bekaert sales top € 4 billion in 2008 (+17.3%)

Fourth quarter trading update 2008

(PresseBox) (Herford, )
In 2008, Bekaert achieved consolidated sales of € 2.66 billion and combined sales of € 4.01 billion, an increase of 22.5% and 17.3% respectively. 1, 2

Growth in consolidated sales stemmed 17.7% from organic growth, largely driven by passed on raw material price increases, and 5.8% from the acquisitions in Vicson (Venezuela) and in Proalco (Colombia). Fluctuations in several exchange rates largely compensated each other with a net negative impact of 1.0%.

Even in the fourth quarter of 2008, the economic downturn notwithstanding and compared with a strong last quarter of 2007, Bekaert posted consolidated growth of 5%.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.