NV Bekaert SA operates in the Misc. fabricated wire products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares NV Bekaert SA with three other
wire and cable manufacturers in Europe:
Leoni AG
of GERMANY
(2020
sales of 4.13 billion Euros [US$4.85 billion]
of which 62%
was Wiring Systems),
Montana Tech Components AG
of SWITZERLAND
(1.85 billion Swiss Francs [US$1.99 billion]
of which 50%
was Energy Storage), and
Nexans SA
which is
based in FRANCE
(5.98 billion Euros [US$7.01 billion]
of which 43%
was Building & Territories).
Sales Analysis.
During the second
quarter of 2021, sales at NV Bekaert SA totalled
1.18 billion Euro.
This is
an increase of 48.6%
from the 792.91 million Euro in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at NV Bekaert SA in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 2.31 billion Euro, which is
30.3% higher
than through the first two quarters of 2020.
NV Bekaert SA reported sales of 3.77 billion Euro (US$4.42 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 12.7%
versus 2019, when the company's sales were 4.32 billion Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, NV Bekaert SA had sales
of 3.67 billion Euro.
Contributing to the drop in overall sales was the 42.7% decline
in Group and Business Support, from 19.19 million Euro to 10.99 million Euro.
There were also decreases in sales in
Rubber Reinforcement Products (down 17.3% to 1.61 billion Euro)
and
Steel Wire Solutions (down 7.9% to 1.33 billion Euro)
and
Bbrg (down 13.2% to 424.36 million Euro)
and
Specialty Businesses (down 5.9% to 389.43 million Euro)
.