Brief: Bekaert 2023 Proposed Dividend Of EUR 1.80 Per Share, Up 9% YoY

NV Bekaert SA

01/03/2024 06:14

March 1 (Reuters) - NV Bekaert SA  BEKB.BR :
    * NV BEKAERT PROPOSED DIVIDEND OF EUR 1.80 PER SHARE (+9%
Y-ON-Y)
    * FY EPS FROM CONTINUED OPERATIONS OF € 4.75 (UP +5.5%
VERSUS €
4.504  IN FY2022)
    * FY RESULT FOR PERIOD EUR 252.9 MILLION VERSUS EUR 289.3
MILLION
YEAR AGO
    * MANAGEMENT ANTICIPATES MODEST SALES GROWTH AND AT LEAST
STABLE
MARGINS IN 2024
    * REMAINS CONFIDENT IN OUR TARGETS OF A SALES GROWTH RATE OF
MORE
THAN 5% PER YEAR IN THE MID-TERM AND FROM 2026
    * EXPECTS FROM 2026 AN EBITU MARGIN OF MORE THAN 10%
    * EXPECTS FROM 2026 ROCEU OF MORE THAN 20%
    * EXPECTS FROM 2026 OVER 50% OF SALES GENERATED FROM
SUSTAINABLE
SOLUTIONS

Source text for Eikon:  urn:newsml:reuters.com:*:nGNEc5Zxgz
Further company coverage:  BEKB.BR 

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