Core Insights - Bekaert has achieved ISCC PLUS certification for its steel tire reinforcement products, highlighting its commitment to sustainability and innovation in the tire industry [1][5][6] Group 1: Certification and Standards - The Bekaert Recycled Content Standard has been a significant industry benchmark, facilitating traceability and sustainable practices in steel tire reinforcement, which contributed to the expansion of ISCC's certification framework [2][5] - A structured certification pathway for high recycled content in tire cord and bead wire has been established through collaboration among Bekaert, ISCC, and TÜV NORD [3][4] - The certification process involved auditing Bekaert's Burgos plant by TÜV NORD, ensuring the ISCC PLUS framework's reliable application to steel products [4][6] Group 2: Industry Impact - The certification positions Bekaert as a leader in certified tire reinforcement, promoting industry-wide adoption and creating value for tire manufacturers [5][6] - Tire manufacturers can leverage ISCC PLUS-certified materials for credible sustainability claims, simplifying compliance with regulatory and market requirements [5][6] - The successful certification process demonstrates the applicability of the ISCC framework to new material categories, enhancing traceability and sustainability assurance in industrial materials [6]

2025 Full year results Resilient results and strong cash flow supported by cost management and restructuring FCF1 of €314m n Proposed dividend of €1.95 n Ongoing €200m share buyback Bekaert delivered a resilient performance in 2025. The year was marked by shifts in global trade policies which created uncertainty and undermined demand. In addition, slower growth in the hydrogen end market required adjustment to bring footprint in line with demand outlook. At the same time, Bekaert has translated robust deman ...

Core Viewpoint - Bekaert has agreed to acquire Bridgestone's tire reinforcement business in China and Thailand, enhancing its market position in the global tire reinforcement sector [1][2]. Group 1: Acquisition Details - The acquisition includes the transfer of two tire cord manufacturing sites from Bridgestone, specifically Bridgestone (Shenyang) Steel Cord Co., Ltd. in China and Bridgestone Metalpha (Thailand) Co. Ltd. in Thailand [3]. - The transaction is expected to close in the first half of 2026, pending regulatory approvals and customary closing conditions [1]. Group 2: Strategic Implications - This acquisition strengthens Bekaert's Rubber Reinforcement division, which has been a leader in the tire reinforcement market for over 70 years, and reinforces its strategic partnership with Bridgestone [2][4]. - The long-term supply agreement ensures continuity of high-quality tire reinforcement products, supporting Bekaert's global manufacturing footprint [2]. Group 3: Financial Impact - The transaction is projected to add approximately €80 million to Bekaert's consolidated annual sales [4]. - The cash consideration for the acquisition is €60 million, which will be funded from available cash balances [4].

Core Points - Bekaert will initiate the next tranche of its share buyback program on 21 November 2025, with a total consideration of up to €25 million [1] - The completion of this tranche is expected to occur before the release of the full year 2025 results, which is scheduled for 26 February 2026 [1] - Bekaert will provide regular updates on the progress of the buyback program through press releases, as required by law, and this information will be accessible on the investor relations section of the company's website [1] - All shares acquired through the buyback program will be cancelled [2]

Core Insights - Bekaert reported stable sales in Q3 2025 with a slight decline of 1% year-over-year on a like-for-like basis, while volumes increased by 3% primarily due to growth in the energy and utilities sectors [1][3] - The company anticipates FY 2025 sales of approximately €3.7 billion and an underlying EBIT margin of around 8.0% despite ongoing market uncertainties [2] Financial Performance - Q3 2025 consolidated sales amounted to €880 million, reflecting an 8% decrease compared to Q3 2024, with like-for-like sales down by 1% or €9 million [3] - For the first nine months of 2025, consolidated sales totaled €2,833 million, a 6% decline, with like-for-like sales down by 3% or €98 million [3] - The company experienced a net impact from acquisitions, disposals, and discontinued operations of -1% (€26 million) and a currency translation impact of -2% (€60 million) [3] Operational Highlights - Bekaert is focusing on cost management, including overhead savings and optimizing production capacity to protect margins [3] - Strong cash flow generation is being driven by disciplined management of costs, capital expenditure, and working capital, maintaining low financial leverage [3] - The Rubber Reinforcement segment saw volume growth in China, which offset declines in Europe and India, while the Steel Wire Solutions segment experienced strong growth in the energy and utilities sector [3] Strategic Actions - The company is taking proactive measures to improve operational leverage, including the closure of a plant in Coatbridge, Scotland, and a temporary halt of hydrogen production in Wetteren, Belgium [3] - Bekaert is navigating tariff challenges by leveraging its global production footprint [3] - The group is transforming its business portfolio by reducing exposure to commoditized markets and increasing presence in faster-growing markets [4]

根据 QYResearch 头部企业研究中心调研，全球范围内超高强度（ ST ）和特高强度（ UT ）钢帘线生产商主要包括 Jiangsu Xingda 、 Bekaert 、 Daye Shares 、 Jun Ma Group 、 Zenith Steel Group 、 Shougang Century 、 Bridgestone 、 Hyosung 、 Kiswire 、 ArcelorMittal 等。 2024 年，全球前五大厂商占有大约 68.0% 的市场份 额。 超高强度（ ST ）和特高强度（ UT ）钢帘线 ，全球市场规模，按产品类型细分 超高强度 (ST) 和特高强度 (UT) 钢丝帘线是由高碳钢丝经拉拔和捻制工艺制成的增强材料，广泛应用于轮胎和橡胶制品，以提高结构强度、抗疲劳性能和使用寿 命。 ST 钢丝帘线的抗拉强度通常在 3000 至 3500 MPa 之间，通过优化材料成分（例如高碳含量）和精密加工实现，适用于需要高承载能力和耐久性的应用，例如重载 轮胎和工程轮胎。 UT 钢丝帘线的抗拉强度更高（超过 3500 MPa ，通常高达 4000 MPa 或更高），对材料纯度和制造精度 ...

Group 1 - The press release contains important updates regarding the company's recent activities and strategic initiatives [1] - The publication transparency notification outlines the company's commitment to maintaining transparency in its operations and communications [2]

Core Viewpoint - The global market for Steel Wire Ropes for Ropeways is expected to grow steadily, reaching USD 540 million by 2031, with a compound annual growth rate (CAGR) of 3.7% from 2025 to 2031, driven by infrastructure development, urban air transport concepts, and high-altitude tourism projects [1]. Market Segmentation - The market is primarily divided into two categories: Passenger Ropeways, which account for 69.40% of the demand due to the global tourism boom and urban cable car systems, and Material Ropeways, which hold a 30.60% share, used in mining and construction to alleviate ground traffic [2]. - In terms of regional distribution, Europe leads with a 40.90% market share, followed by the Asia-Pacific region at 35.48%, and North America at 16.71%. Europe promotes low-carbon transport, while the Asia-Pacific region sees rapid growth driven by countries like China and India [2]. Industry Structure - The top five manufacturers hold 44% of the market share, and the top ten account for 60%, indicating a moderately concentrated market. Key players include ArcelorMittal ROPES, Teufelberger, and FATZER, known for their reliability and manufacturing processes [3]. - Asian companies such as Ansteel and Guizhou Steel Wire Rope Factory are rapidly entering the international market, competing on cost-effectiveness and improving product performance [3]. Innovation and Quality Standards - Innovation and quality certification are crucial for market advancement, with stringent certification requirements like EN 12385 and ISO 4309 becoming standard for high-end markets. New technologies such as non-destructive testing and hybrid ropes are gaining traction [6]. - The industry is focusing on higher strength-to-weight ratios, better energy absorption, and longer lifespans to meet safety and efficiency demands in passenger transport and material handling [6]. Future Outlook - The global market for Steel Wire Ropes for Ropeways is expected to continue expanding, driven by the growth of smart transportation, low-carbon construction, and climate-friendly tourism. The demand for next-generation steel wire ropes will increase across various applications [6].

Consolidated sales of € 1.9 billion (-5.2%) Volumes were -2.6% or € -54 million down Impacts from pass-through of lower input costs and price-mix was -2.2% or € -46 million Currency impact of -1.1% or € -24 million Sales from acquisitions +0.8% or € +16 million Underlying gross profit margin was 16.6% (vs 18.4% in H1 2024), with underlying gross profit at € 325 million (vs € 379 million in H1 2024) Robust margin performance in difficult markets EBITDAu of € 259 million (-10.2%), delivering a margin on sales ...

Core Points - The Annual General Meeting of Bekaert took place on May 14, 2025, chaired by Jürgen Tinggren, Chairman of the Board of Directors [1] - The meeting approved the balance sheet and income statement as of December 31, 2024, including a gross dividend of €1.90 per share [1][2] - The dividend ex-date is set for May 16, 2025, with payment scheduled for May 20, 2025 [1] - The meeting acknowledged the 2024 annual report and approved the remuneration report and policy for non-executive Directors and executive management [2] - Directors and the Statutory Auditor were discharged for their performance during the financial year 2024 [2] - The meeting approved the remuneration for the Directors and the Statutory Auditor [2] Proposals Approved - Approval of a gross dividend of €1.90 per share [4] - Reappointment of Henriette Fenger Ellekrog as independent Director for a term of four years until the 2029 Annual General Meeting [5] - Reappointment of Eriikka Söderström as independent Director for a term of four years until the 2029 Annual General Meeting [5] - Appointment of Nicolas D'heygere as Director for a term of one year until the 2026 Annual General Meeting [5] - Appointment of Toralf Haag as independent Director for a term of one year until the 2026 Annual General Meeting [5]