Report
Martijn Den Drijver

Bekaert : H1 23 EBITu margin expected to be in line with company guidance

>EBITu margin expected to be in line with company guidance - Bekaert will publish H1 2023 results on July 28 at 07.00. We forecast sales of € 2.38bn (consensus at € 2.43bn) and an EBITu of €202m (margin of 8.3%) versus consensus at € 219m (margin of 8.3%) with all divisions expected to report lower EBITu margins yoy. As the EBITu margin in the second half is always 20-60 bps lower than in the first half, that EBITu margin of 8.3% in H1 2023 is in line, more or less, w...
Underlying
Bekaert SA

Bekaert is a global technological and market company engaged in advanced solutions based in steel wire transformation and coatings as well as an independent manufacturer of drawn steel wire products. In addition, Co. teams up with customers and suppliers globally to develop, implement, upgrade, and protect both current and future technologies. Co.'s business activities are put in practice along two main axes: Product Innovation and Process Innovation. Product Innovation helps Co. better serve its customers, while Process innovation enables Co. to increase operational effectiveness, minimizing its impact on the environment.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martijn Den Drijver

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