NV Bekaert SA - Company Profile
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NV Bekaert SA (Bekaert) is a provider of steel wire transformation and coating technologies. It offers products including steel wire products, tire cords, heating cords, steel fiber, welded mesh, window film, fencing products, wire for kitchen utensils and shovel ropes. The company also 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, Flandre Orientale, Belgium.
Headquarters
Belgium
Address
Bekaertstraat 2, Zwevegem, 8550
Website
www.bekaert.com
Telephone
32 56 766100
No of Employees
21,044
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
BEKB (EBR)
Revenue (2022)
$4.7B
-13.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-5.3%
(2022 vs 2021)
Market Cap*
$2.7B
Net Profit Margin (2022)
XYZ
9.5%
(2022 vs 2021)
* As of and is in US$
NV Bekaert SA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Automotive: | Dramix |
| Tire Cord | Fortfix |
| Bead Wire | Tawi |
| 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 |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into a collaboration with Toshiba Energy Systems & Solutions Corporation to create cutting-edge technologies for green hydrogen electrolysis. |
| 2023 | Financing Agreements | In December, the company invested US$5 million in Ionomr Innovations. |
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company announced the acquisition of a 75% stake in Flintstone Technology Ltd. |
Competitor Comparison
| Key Parameters | NV Bekaert SA | ArcelorMittal SA | United States Steel Corp | BlueScope Steel Ltd | Tokyo Rope Manufacturing Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Belgium | Luxembourg | United States of America | Australia | Japan |
| City | Zwevegem | Luxembourg | Pittsburgh | Melbourne | Koto-Ku |
| State/Province | - | - | Pennsylvania | Victoria | Tokyo |
| No. of Employees | 21,044 | 126,756 | 21,803 | 16,500 | 1,519 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jurgen Tinggren | Chairman | Executive Board | 2019 | - |
| Yves Kerstens | Chief Executive Officer | Senior Management | 2023 | - |
| Taoufiq Boussaid | Chief Financial Officer | Senior Management | 2019 | - |
| Juan Carlos Alonso | Chief Strategy Officer | Senior Management | 2019 | - |
| Annie Xu-Huhmann | Divisional Chief Executive Officer - Rubber Reinforcement | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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