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01 Aug
09:11

Bekaert sees lower sales, increased Ebitda in H1

Belgium-headquartered steel wire specialist Bekaert foresees continued strong demand from the automotive, solar and construction market in the second half of 2016. However, the company sees an increasing impact on its annual profits from continuing low activity in global oil and gas markets. The producer was commenting on its first half 2016 operating results, monitored by Kallanish. “We are concerned about the continued weak economic environment in Lā€¦
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