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13 May
08:56

Bekaert forecasts second-quarter sales decline

Belgium-headquartered steel wire specialist Bekaert is projecting project second-quarter sales to markedly decline in different sectors that are relevant to the company. “While the magnitude of the impact of the Covid-19 pandemic on the global economy has become visible, its duration remains highly uncertain. We therefore have no visibility on a full-year impact in our markets and on our business”, the company says in its financial report monitored by…
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