Bekaert: 2020 first half-year results
(WorldNews Belgium)

Bekaert: 2020 first half-year results 31 Jul 2020 07:15 CEST Company Name BEKAERT ISN BE0974258874 Market Euronext Symbol BEKB Bekaert: 2020 first half-year results Bekaert counters significant impact of Covid-19 through effective mitigating measures and performance improvements Safe working conditions • strong cash flow and liquidity • solid uEBIT margin in depressed markets The turnaround of Steel Wire Solutions and Bridon-Bekaert Ropes Group and the effectiveness of implemented measures moderate the impact of Covid-19 on the Rubber Reinforcement business. Financial highlights H1 2020 • Consolidated sales of € 1 770 million (-20%) and combined sales of € 2 065 million (-21% down vs H1...