Brief: Bekaert Expects Flat 2025 Revenues, At Least Stable Margins

NV Bekaert SA

28/02/2025 06:20

Feb 28 (Reuters) - NV Bekaert SA BEKB.BR:

FY FREE CASH FLOW EUR 193 MILLION

FY NET DEBT EUR 283 MILLION

FY REVENUE EUR 4,000 MILLION VERSUS. IBES ESTIMATE EUR 3,962 MILLION

FY EPS EUR 4.56

FY ADJUSTED EBITDA EUR 520 MILLION

FY ADJUSTED EBIT EUR 348 MILLION VERSUS. IBES ESTIMATE EUR 341.4 MILLION

CONDITIONS IN MANY OF OUR END MARKETS DETERIORATED THROUGH SECOND HALF OF 2024

PROPOSED DIVIDEND OF EUR 1.90 (+6%) AND ONGOING EUR 200 MILLION SHARE BUYBACK

WEAK BUSINESS ENVIRONMENT OF H2 2024 IS EXPECTED TO PERSIST INTO 2025

GROUP EXPECTS FLAT REVENUES FOR 2025 AND AT LEAST STABLE MARGINS, WITH A MORE EQUALLY WEIGHTED FIRST AND SECOND HALF SPLIT

Source text: ID:nGNEc8BBFY

Further company coverage: BEKB.BR

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))