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07 Jan
10:11

Bekaert expects tough second-half 2018 results

Wire producer Bekaert has confirmed that its performance during the second half of 2018 was in line with its outlook, recognising the impact of improvement measures taken across the business. “The Bridon-Bekaert Ropes Group (BBRG) is showing improvement in underlying performance; however, we will be making a series of adjustments without cash impact (including pension plan adjustments and obsolete stock write-offs) totalling around €15 million ($17.2m…
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