Bekaert : Meeting with IR: Mixed on rawmat/energy prices, markets fine
>Rubber Reinforcement: Mixed (EU/NA/India solid, China weaker) - We had an extensive call with Mr. van Hamme, IR manager of Bekaert. Key subjects included supply chains issues, rawmat pricing and market trends. Bekaert sources from 25+ mainly regional/national suppliers and although wire rod, steel and other raw material prices have increased materially, there has not been an interruption in the supply and none is expected with the knowledge of today, we understand. B...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.
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