NV Bekaert SA (BEKB) Earnings Call Transcripts

NV Bekaert SA's Latest Earnings Call - Q1 FY2026

In Q1 2026, NV Bekaert SA reported revenues of EUR 917 million, reflecting stable like-for-like sales despite a negative FX impact of approximately 5%. The company maintained its guidance for the fiscal year, expecting top-line and EBIT to remain at similar levels to 2025. Management highlighted a 3% volume growth driven by Rubber Reinforcement and Steel Wire Solutions, although some project delays in Europe impacted performance. The proposed dividend of EUR 1.95 per share represents a 3% increase year-over-year, indicating a commitment to returning value to shareholders.

Reported metrics

Guidance from management

Bekaert's management expects like-for-like top line and EBIT to remain stable in 2026, with no significant changes anticipated from current geopolitical tensions. They highlighted growth opportunities in sustainable construction and energy utilities.

What management said

I think we have to see how this whole inflation will impact the demand in the industry. So that's, let's say, an uncertainty moving forward. But that's for all industries, not just for ours.

And when it comes to seasonality, your question, first half versus second half, like you said, normally, and that's also our expectation that typically first half is stronger than second. As with the second half, we have the holiday season, Christmas, et cetera. What you can say that the wildcard, obviously, is currently what happens in the Middle East crisis or Ukrainian war. So those can, of course, change a lot, a...

What analysts pressed on

Analysts expressed concerns regarding the competitive landscape in China and the potential impact of inflation on margins. Questions were raised about the sustainability of recent volume growth and the ability to pass through cost increases to customers effectively.

Main topics on the call

• Volume Growth in Key Segments — Bekaert achieved a 3% volume growth in Q1 2026, primarily in Rubber Reinforcement and Steel Wire Solutions. CEO Yves Kerstens noted, "We continue to work on the actions to make the company more sustainable and in terms o...
• Impact of FX and Latin American Disposal — The company faced a negative 5% impact from foreign exchange fluctuations, particularly from the weaker Renminbi and U.S. dollar. This was compounded by the disposal of the Latin American business, which affected the top...
• Geopolitical and Inflationary Pressures — Management acknowledged ongoing geopolitical tensions, particularly in the Middle East, and their potential indirect impact on inflation and costs. Yves Kerstens stated, "We see an increase in the cost like transportatio...
• Dividend and Share Buyback Program — Bekaert proposed a dividend of EUR 1.95 per share, a 3% increase from the previous year, and confirmed a share buyback program of EUR 200 million to be finalized by year-end. This reflects a commitment to shareholder ret...

Read the full NV Bekaert SA transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 NV Bekaert SA earnings call transcripts on record, spanning March 4, 2020 to July 30, 2026. Based on this history, NV Bekaert SA reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BEKB

Exchange

ENXTBR

Country

BE

Sector

Materials

Industry

Metals and Mining

Calls on record

24

First call

March 4, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly