Brief: Bekaert Q1 Consolidated Sales Up At 1.39 Billion Euros

NV Bekaert SA

11/05/2022 06:36

May 11 (Reuters) - NV Bekaert SA  BEKB.BR :
    * FIRST QUARTER TRADING UPDATE 2022
    * SUBDUED DEMAND IN CHINA AS A RESULT OF STRINGENT COVID-19
LOCKDOWN MEASURES
    * Q1 CONSOLIDATED SALES OF EUR 1 386 MILLION (+23%) AND
COMBINED
SALES OF EUR 1 659 MILLION (+24%)
    * WHILE 2022 OUTLOOK REMAINS PARTICULARLY VOLATILE, WE
PROJECT
CURRENT ORGANIC REVENUE RUN RATE TO CONTINUE THROUGHOUT YEAR
    * DESPITE OVERALL INCREASED UNCERTAINTY AND HIGH COST
INFLATION,
OUR PROFITABILITY AMBITIONS FOR MEDIUM TERM (2022-2026) REMAIN
UNCHANGED

Source text for Eikon:  ID:nGNE57BKB 
Further company coverage:  BEKB.BR 

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