May 14 (Reuters) - NV Bekaert SA BEKB.BR:
BEKAERT Q1 REVENUE EUR 991 MILLION
DIVIDEND OF € 1.90 PER SHARE PROPOSED
DIFFICULT MARKET CONDITIONS OF SECOND HALF OF 2024 CONTINUED INTO Q1 2025
IN RESPONSE TO MARKET CONDITIONS BEKAERT TOOK ACTIONS TO PROTECT MARGINS AND CASH FLOWS
WEAK BUSINESS ENVIRONMENT EXPECTED TO PERSIST WITH ONGOING UNCERTAINTY AROUND TARIFFS, GLOBAL TRADE AND MACRO-ECONOMIC OUTLOOK
TO DATE, BEKAERT HAS BEEN ABLE TO MITIGATE IMPACT OF TARIFFS THROUGH LOCAL SOURCING AND PRODUCTION
MITIGATES IMPACT WITH DIRECT PASS THROUGH OF TARIFF EFFECTS ON RAW MATERIALS AND FINISHED GOODS
OUTLOOK 2025: STABLE Y/Y SALES AND EBITU MARGINS
OUTLOOK 2025: MORE EQUALLY WEIGHTED FIRST AND SECOND HALF SPLIT
SUCCESSFULLY NEGOTIATING INCREASED PRICING WITH ITS CUSTOMERS TO INCLUDE ADDITIONAL TARIFFS
FINANCIAL IMPACT OF TARIFFS TO DATE HAS BEEN MINIMAL
IN SEVERAL BUSINESS SEGMENTS, MOST NOTABLY CONSTRUCTION, CUSTOMERS ARE DELAYING ORDERS OR INVESTMENT DECISIONS