We delivered a resilient financial performance in 2023.
Sales at € 4.3 billion • EBITu of € 388 million (margin 9.0%) • FCF up 40% • Leverage remains low at 0.5x Net debt/EBITDAu • Proposed dividend of € 1.80 per share ( 9%)
Read more bekaert.com/en/about-us/news…
We are proud to announce that today, Yves Kerstens is taking up the role as Chief Executive Officer (CEO) of Bekaert.
“I have a passion for what Bekaert has achieved over the past >140 years and for what I believe we can still achieve”, states Yves Kerstens.
#BetterTogether
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 • Read more on bekaert.com/en/about-us/news…
Last week our CEO, Oswald Schmid, together with a Bekaert delegation driving the adoption of synthetic mooring solutions, met with Humza Yousaf, First Minister of #Scotland.
@ScotGovBrussels@ScotlandEuropa
One of the three facets of our business strategy is to bring digital solutions to transform our field of play and how we work. Meet Priti Bansal, Jaro Vermeulen, and Yufeng Zhu, who share their perspectives on what it is like being part of the ADS team.
bekaert.com/en/sustainabilit…
Sales up 17% • EBITu of € 459 million (margin 8.1%) • Net debt/EBITDAu of 0.7x • Proposed dividend of € 1.65 per share and continued share buyback • Read more: bekaert.com/en/about-us/news…
Exciting news! Bekaert is in the new @euronext BEL ESG index.
This new sustainable index tracks the top 20 Brussels-listed companies demonstrating the best environmental, social and governance practices.
Read more: bekaert.com/en/about-us/news…
Bekaert has signed a third Power Purchase Agreement in India, leading to a total CO2 reduction of more than 60% at Bekaert’s operations in India.
Read more: bekaert.com/en/about-us/news…
You will notice something different about Bekaert.
With a new ambition and purpose comes a new visual identity. Our refreshed bekaert.com represents our brand in a way that unites our heritage with a new boldness.
#TheBekaertWay#safesmartsustainable#bettertogether
We wish everyone a wonderful end of the year and an inspiring start in 2023.
Thank you to our customers, suppliers, employees, investors and everyone else who made this another year to remember! We look forward to meeting you again next year.
#bettertogether
Bekaert has been rewarded a B-score in the 2022 Climate Change ratings by CDP. We achieved progress on all 11 categories. This CDP score underlines the progress that we have been making to meet our science-based carbon reduction targets that have just been validated by SBTi.
Yesterday, Bekaert lifted the veil of its Vietnam plant with the first shipment to a customer. Bekaert continues its regional expansion to address the growth perspectives for steel cord.
Congratulations to the entire Vietnam team!
#bettertogether#smartsafesustainable
We are proud to announce our strategic partnership with TFI Marine. It's a collaboration whereby Bridon-Bekaert The Ropes Group's MoorLine synthetic ropes will be equipped with TFI SeaSpring load reduction devices.
More info: bekaert.com/en/about-us/news…
We are proud to share the great news that on September 15, Bekaert was granted the Advanced Performer in Decarbonization of the 6th Sustainable Business Awards by the European Union Chamber of Commerce in China.
ALT The Certificate of Appreciation awarded to Bekaert China by the European Chamber at the 2022 Sustainable Business Awards
ALT Chris Ma, Bekaert Sustainability Lead North Asia, had the honor to accept this great recognition from Bénédicte Vandorpe, Deputy Consul General of Belgium in Shanghai.
As one of the many activities taking place during the Bekaert International Health & Safety week 2022, the Bekaert Van Buren team organized a cleanup event on Lake Lou Emma in Van Buren, Arkansas (US).
We are pleased to announce the appointment of François Desné as a new member of the Bekaert Group Executive and Divisional CEO Steel Wire Solutions.
We warmly welcome François to the Bekaert Team!
Full bio: bekaert.com/en/about-us/orga…