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Bekaert GmbH Otto-Hahn-Straße 20 61381 Friedrichsdorf, Germany http://www.bekaert.com/building
Contact Ms Katelijn Bohez +32 56 23 05 71
Company logo of Bekaert GmbH
Bekaert GmbH

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

Third quarter trading update 2012

(PresseBox) (Friedrichsdorf, )
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Sales1

Bekaert achieved consolidated sales of € 2 647 million and combined2 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.

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