NV Bekaert SA - Company Profile
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NV Bekaert SA (Bekaert) is a provider of steel wire transformation and coating technologies. The company's main activities include developing innovative materials and services for markets such as new mobility, sustainable construction, and energy transition. Its product portfolio includes steel concrete fibers, tire reinforcement cords, power cable armoring wires, agricultural fencing, filtration media, medical springs, and high-performance crane and elevator rope wires. It offers coating technologies such as the extrusion of polymers, electrodeposition, cladding, lacquering, hot dip and powder coating. Bekaert’s products find application in diverse sectors including, agriculture, basic materials, construction, energy and utilities, equipment, automotive and consumer goods. The company has operations in Asia, Europe, North America, Latin America, the Middle East, and Africa. Bekaert is headquartered in Zwevegem, Belgium.
Headquarters
Belgium
Address
Bekaertstraat 2, Zwevegem, 8550
Website
www.bekaert.com
Telephone
32 56 766111
No of Employees
19,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
BEKB (EBR)
Revenue (2024)
$4.2B
-6.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-71.8%
(2024 vs 2023)
Market Cap*
$2.3B
Net Profit Margin (2024)
XYZ
-69.9%
(2024 vs 2023)
* As of and is in US$
NV Bekaert SA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Construction and Infrastructure: | Armanet |
| Steel Fibers | Stucanet |
| Masonry Reinforcement Solutions | Widra |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In May, the company acquired tire cord production facilities in China and Thailand from Bridgestone Corp. |
| 2026 | Contracts/Agreements | In January, the company entered into an agreement to acquire Bridgestone (Shenyang) Steel Cord Co., Ltd and Bridgestone Metalpha (Thailand) Co. Ltd from Bridgestone, a manufacturing company. |
| 2026 | New Products/Services | In January, the company launched Dramix Loop, a sustainable steel fiber. |
Competitor Comparison
| Key Parameters | NV Bekaert SA | United States Steel Corp | BlueScope Steel Ltd | Tokyo Rope Manufacturing Co Ltd | Neturen Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Belgium | United States of America | Australia | Japan | Japan |
| City | Zwevegem | Pittsburgh | Melbourne | Koto-Ku | Shinagawa-Ku |
| State/Province | - | Pennsylvania | Victoria | Tokyo | Tokyo |
| No. of Employees | 19,000 | 22,053 | 16,500 | 1,450 | 1,595 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jurgen Tinggren | Chairman | Executive Board | 2019 | 68 |
| Olivier Biebuyck | Chief Executive Officer; Director | Executive Board | 2026 | 56 |
| Seppo Parvi | Chief Financial Officer | Senior Management | 2024 | 52 |
| Barry Snyder | Chief Operating Officer | Senior Management | 2023 | 64 |
| Eric Peeters | Divisional Chief Executive Officer - Sustainable Construction | Senior Management | 2024 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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