Bekaert reveals value creation strategy and guidance during Capital Markets Day

Bekaert reveals value creation strategy and guidance during Capital Markets Day

Capital Markets Day

Bekaert held a Capital Markets Day on 28 May 2021. The webcast meeting was a public event.

Meeting agenda

1	Adapting to a new world	Jürgen Tinggren, Chairman of the Board of Directors
2	Driving value creation	Oswald Schmid, CEO
3	Strategic transformation	Juan Carlos Alonso, CSO
4	Guiding for growth	Taoufiq Boussaid, CFO
5	Q&A	Live session with financial analysts covering Bekaert

The recorded webcast and the presentation material will be published on the Bekaert website after the meeting.

Short-term outlook (2021) and mid-term (2022-2026) guidance

The strong performance Bekaert is delivering and the company’s determination to stimulate value creation by further enhancing the business portfolio and seizing value growth in robust markets, have increased the future potential of Bekaert.

Bekaert raises its outlook for the fiscal year 2021 and reveals the guidance for the mid-term:

	Consolidated sales	Underlying EBIT margin	FCF yield	Net debt leverage
Mid-term targets (2022-2026)	3%+ CAGR organic	8-10% through the cycle	~100% FCF/net result	<1.5 net debt/uEBITDA
Restated 2021 outlook	€ 4.4 mld	80bps above FY2020		<1.0

Attachment

• p210528E - Capital Markets Day and guidance