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Last €25.12 EUR
Change Today -0.495 / -1.93%
Volume 44.6K
As of 8:19 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

bekaert nv (BEKB) Snapshot

Open
€25.79
Previous Close
€25.61
Day High
€25.79
Day Low
€25.08
52 Week High
08/7/15 - €30.00
52 Week Low
10/16/14 - €21.90
Market Cap
1.5B
Average Volume 10 Days
117.2K
EPS TTM
€1.09
Shares Outstanding
60.1M
EX-Date
05/15/15
P/E TM
23.0x
Dividend
€0.85
Dividend Yield
3.38%
Current Stock Chart for BEKAERT NV (BEKB)

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bekaert nv (BEKB) Details

NV Bekaert SA provides products based on steel wire transformation and coating technologies worldwide. It offers tire cords, bead wires, wires for windscreen wiper arms and blades, wires and cables for window systems, heating cords, reinforcement fabric for bumper beams, clutch spring wires, wheel weights, steering column profiles, etc. for automotive sector; and champagne cork wires, wires for kitchen utensils, spring wires for bedding and seating, underwire, staple wires, music wires, bookbinding and stiching wires, wires for medical instruments, etc. for consumer goods sector. The company’s products for construction sector include wires, meshes, and fiber products, such as steel fibers and prestressed wires and strands for concrete reinforcement, masonry reinforcement, road reinforcement, wires and cables for hoisting applications, welded mesh, gabions, cable wires for bridges, security and residential fences, gas burners, etc. It also provides wires and cables for oil and gas exploration; steel wires and strands for overhead power lines; telecom armoring wires; shaped wires for flexible pipes and wedge filters; and sawing wires, hose coupling, offshore and onshore cable armoring, etc. for energy and utilities sector. In addition, the company offers steel wires for textile industry; hoisting ropes for cranes; spring wires; shovel ropes; shaped wires; hose wires; and street sweeper brush wires, as well as non-contact infrared drying systems for paper and board industry. Further, it provides tensioning wires for plant support and binding; vineyard wires; auger wires for livestock feed industry; barbed wires; fixed knot fences; cage wires; fishing ropes, etc.; and basic materials, such as shovel and dragline ropes for mining applications, fabrics for conveyor belts, hot gas filtration media, heat-resistant separation materials, fibers for protective clothing, pulp baling wires, etc. The company was founded in 1880 and is based in Kortrijk, Belgium.

30,000 Employees
Last Reported Date: 07/31/15
Founded in 1880

bekaert nv (BEKB) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: €706.1K
Chairman, Chairman of Strategic Committee and...
Total Annual Compensation: €283.0K
Compensation as of Fiscal Year 2014.

bekaert nv (BEKB) Key Developments

NV Bekaert SA Reports Consolidated and Parent Earnings Results for the First Half Year Ended June 30, 2015

NV Bekaert SA reported consolidated and parent earnings results for the first half year ended June 30, 2015. For the period, on consolidated basis, the company reported sales of EUR 1,896.872 million against EUR 1,608.803 million a year ago. Operating result (EBIT) was EUR 109.710 million against EUR 116.693 million a year ago. Result before taxes was EUR 65.778 million against EUR 89.746 million a year ago. Result after taxes (consolidated companies) was EUR 40.174 million against EUR 67.193 million a year ago. Result for the period attributable to the Group was EUR 52.289 million against EUR 77.703 million a year ago. Diluted earnings per share were EUR 0.93 against EUR 1.32 a year ago. Cash flows from operating activities were EUR 160.780 million against EUR 9.558 million a year ago. Purchase of intangible assets was EUR 1.919 million against EUR 2.450 million a year ago. Purchase of property, plant and equipment was EUR 78.878 million against EUR 58.152 million a year ago. Book value was EUR 23.97 against EUR 22.84 a year ago. EBITDA was EUR 216.650 million against EUR 189.355 million a year ago. Net debt was EUR 1,022.971 million against EUR 673.384 million a year ago. Operating result before non-recurring items (REBIT) was EUR 112 million against EUR 100 million a year ago. For the period, on parent basis, the company’s sales amounted to EUR 225.8 million, compared with EUR 217.0 million in the first half of 2014. The operating result was EUR 20.6 million compared with EUR 14.8 million a year ago. The financial result amounted to EUR 291.7 million compared with loss of EUR 11.2 million a year ago, driven by dividend income and the extraordinary result was EUR 2.2 million. NV Bekaert SA achieved a result for the period of EUR 315.6 million compared with EUR 13.6 million for the first half of 2014. Profit from ordinary activities was EUR 312.375 million against EUR 3.605 million a year ago. Profit before income taxes was EUR 314.553 million against EUR 13.068 million a year ago.

Shagang Group Enters Global Supplier Framework Agreement with Bekaert

Shagang Group declared that it has entered into a global supplier framework agreement with Bekaert. Under the agreement, both the companies will cooperate on offering its best product quality, most preferential trade policies and best service.

Bekaert SA Reports Consolidated Sales Results for the First Quarter of 2015; Provides Sales Guidance for the Second Quarter 2015

Bekaert SA reported consolidated revenue results for the first quarter of 2015. For the quarter, the company achieved consolidated sales of €904 million and combined sales of €1,106 million in the first quarter of 2015, an increase of 16% and 12% respectively, compared with the same period last year. Combined sales increased by 12%. The effects of acquisitions and currency movements accounted for +8% each. The organic sales decline (-4%) was attributable to the same elements as in the consolidated revenue while the Brazilian joint ventures made a good start to the year. The company projects further growth in the second quarter of 2015 when the full effect of recent acquisitions will be incorporated in the consolidated financial statements. In addition, The company expects revenue growth from second quarter seasonal effects, continued favorable currency movements, and a positive impact from low oil prices and from Quantitative Easing in Europe.

 

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Company Last Change
KISWIRE Ltd 44,650 KRW -550.00
Leggett & Platt Inc $43.86 USD -0.06
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Industry Analysis

BEKB

Industry Average

Valuation BEKB Industry Range
Price/Earnings 23.5x
Price/Sales 0.4x
Price/Book 1.0x
Price/Cash Flow 24.6x
TEV/Sales NM Not Meaningful
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