Bekaert : Preview 1H22: Volume declines impact profitability
>Sales up, EBITu (margins) down - Bekaert will publish 1H22 results on July 29 at 07.15. An analyst call is scheduled for 14h CET. We forecast sales of €2.69bn (up 16.4% vs 1H21), slightly below consensus of €2.73bn. Underlying EBIT (including FIFO effects) is expected to come in at €276m (or a margin of 10.3%) versus consensus of €263m (or a margin of 9.6%) and €285m in 1H21 (or a margin of 12.4%). Due to Bekaert creating a buffer and raw material price increases, we...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.