The company operates through four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. Bekaert is known for its advanced rubber reinforcement solutions and Dramix steel fibers, which are used in concrete reinforcement. For 2025, the company has guided for slightly reduced revenues compared to €4.0 billion achieved in 2024 and an underlying EBIT margin of 8.0-8.5%.
Cyborg Score Rationale
Bekaert generated €4.0 billion in consolidated sales in 2024, operating through established business segments with global reach. The company faces near-term headwinds with guidance for reduced 2025 revenues, but maintains strong market positioning and consistent dividend policy in a capital-intensive industry.
Top Insights
Recent acquisition of Bridgestone Metalpha (Thailand) completed on January 28, 2026
In 2025, the company completed the divestiture of its Steel Wire Solutions businesses in Costa Rica, Ecuador, and Venezuela
The company's global R&D network includes major centers in Belgium (Deerlijk Technology Center), China (Jiangyin Asia R&D Center), and India
Bekaert's share performance in 2025 demonstrated resilience despite softer demand in key markets, supported by stable trading updates and consistent dividend policy targeting 30-50% payout ratio