Bekaert reported Q3 15 revenues of €898m, 10% higher than last year, with acquisition and FX accounting for more than 15%. The organic decline was therefore 5% due to the positive price mix and volume effects (+1%) and significantly lower wire rod prices (-6%).
13 Nov 2015
Increased volumes offset by pricing pressure
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Increased volumes offset by pricing pressure
Bekaert SA (BEKB:WBO) | 0 0 1.1% | Mkt Cap: 2,215m
- Published:
13 Nov 2015 -
Author:
Lionel Pellicer -
Pages:
3
Bekaert reported Q3 15 revenues of €898m, 10% higher than last year, with acquisition and FX accounting for more than 15%. The organic decline was therefore 5% due to the positive price mix and volume effects (+1%) and significantly lower wire rod prices (-6%).