Bekaert: annual results 2010

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Source: Bekaert Group

Bekaert's strategy, with its focus on innovation, operational excellence and growth markets proved successful in 2010. Bekaert was able to respond fast to the opportunities that arose wherever a recovery from the global economic crisis set in or where markets grew substantially. The company brought into effect several capacity increase investments, thereby meeting the strong demand for high-end products in sectors with vigorous growth throughout 2010.

  • Consolidated sales of € 3.3 billion and combined sales of € 4.5 billion (both 34% up versus 2009)
  • EBIT of € 534 million compared with € 232 million or a margin on sales of 16.4% compared with 9.5%
  • EBITDA of € 725 million compared with € 386 million or a margin on sales of 22.2% versus 15.8%
  • EPS: € 6.21 compared with € 2.56

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