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Bekaert reveals value creation strategy and guidance during Capital Markets Day

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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