Bekaert: Trading update for the nine months to September 2025

Stable sales in the third quarter in difficult markets and strong cash flow generation Bekaert delivered stable sales in Q3 2025 (-1%) versus Q3 last year on a like-for-like basis 1with volumes increasing by +3% driven primarily by the energy and utilities end markets. In challenging end markets, Bekaert is taking action on its cost base and on optimizing its production footprint, next to focusing on cash flow through disciplined working capital and capital expenditure management....

Zwevegem, 21/11/2025 (informazione.news - comunicati stampa - industria)

Bekaert delivered stable sales in Q3 2025 (-1%) versus Q3 last year on a like-for-like basis with volumes increasing by +3% driven primarily by the energy and utilities end markets. In challenging end markets, Bekaert is taking action on its cost base and on optimizing its production footprint, next to focusing on cash flow through disciplined working capital and capital expenditure management.

Financial highlights

Operational and strategic highlights

Outlook

Whilst uncertainty remains for Q4 2025, the group expects sales of around € 3.7 billion for FY 2025 and it anticipates underlying EBIT margin for FY 2025 of around 8.0%. The group continues to drive footprint and operational leverage improvements and remains focused on opportunities for growth, margin expansion and cash flow generation.

Conference call for analysts and investors

Yves Kerstens, CEO of Bekaert, and Seppo Parvi, CFO, will present the 2025 third quarter trading update to analysts and investors at 10:00 a.m. CET on Friday 21 November. This presentation can be accessed live upon registration ( registration link ) and will be available on Bekaert’s website after the event.

Like-for-like comparisons are excluding the impacts of currency translation, acquisitions, disposals and discontinued operations. These relate to the acquisition of BEXCO, the discontinued production in SWS Indonesia and India (both relevant for H1 only) and to the disposal of Steel Wire Solutions (SWS) businesses in Costa Rica, Ecuador and Venezuela that was finalized on 30 June 2025 (relevant for Q3 only). This last disposal is part of the Group’s strategy to transform its business portfolio by reducing exposure to more commoditized and volatile markets, while increasing presence in faster growing markets.

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