Brief: Bekaert Sales Performance EUR 3.016 Bln In First Nine Months Of 2024

NV Bekaert SA

22/11/2024 06:06

Nov 22 (Reuters) - NV Bekaert SA  BEKB.BR :
    * SALES PERFORMANCE €3.016 BILLION IN FIRST NINE MONTHS OF
2024
    * QUALIFIES FOR UP TO €24 MILLION EU FUNDING FOR GREEN
HYDROGEN
    * TO RESTART SHARE BUYBACK UP TO €200 MILLION OVER NEXT 24
MONTHS
    * OUTLOOK 2024: CONSOLIDATED SALES SLIGHTLY BELOW EUR 4
BILLION
REFLECTING ONGOING EFFECTS OF LOWER VOLUMES AND PRICING
    * OUTLOOK 2024: EBITU IN RANGE OF EUR 340-350 MILLION, WITH
EBITU
MARGINS BROADLY IN LINE WITH 2023
    * OUTLOOK 2024: FURTHER GOOD CASH GENERATION FOR YEAR
    * EXPECTS CHALLENGING ENVIRONMENT TO CONTINUE INTO Q1 2025

Source text:  ID:nGNE7Z4s2j 
Further company coverage:  BEKB.BR 

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