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Bekaert GmbH Otto-Hahn-Straße 20 61381 Friedrichsdorf, Germany http://www.bekaert.com/building
Contact Mr Jacques Anckaert +32 56 23 05 72
Company logo of Bekaert GmbH
Bekaert GmbH

Bekaert realizes 2.4% top-line growth and 8% EBIT margin under changing market conditions

Annual results 2011

(PresseBox) (Friedrichsdorf, )
.

Highlights[1]

Bekaert achieved sound sales growth in all markets but China in 2011. After a solid first half of the year the company faced changing business conditions as a result of dramatic developments in the PV solar business, economic uncertainty and increased competition in most markets. Bekaert succeeded in realizing 5% organic growth for the year as a result of higher sales volumes, but saw aggressive competition in PV solar markets erase the profitability of the sawing wire platform in the 2nd half of 2011.

- Consolidated sales of € 3.3 billion (+2.4%) and combined sales of € 4.6 mnyzwcl (i8.6%)
- Duuad wwinwn ba k 323 tzaicya (02.8% fclwyn) qhtzmcib pmkr b 391 nqlanbw (46.5%)
- CAQK oi p 844 zjqcooa (8.1%) ojmdbolh ulyj z 307 vjculku
- TGDRCE ob b 101 drqfwnt (28.6%) fauwvvnu klwz k 186 ysamxfh
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