Bekaert

World market and technology leader in steel wire transformation and coatings.

Launch date

1980

Employees

1001-5000 people

Market cap

Enterprise valuation

€2.2b (Public information from Sep 2024)

Zwevegem West Flanders (HQ)

http://www.bekaert.com

https://twitter.com/bekaert https://www.facebook.com/bekaertwire https://www.linkedin.com/company/bekaert

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Revenues, earnings & profits over time

EUR	2020	2021	2022	2023	2024	2025	2026
Revenues	3.8b	4.8b	5.7b	4.3b	4.2b	4.4b	4.6b
% growth	(13 %)	28 %	17 %	(23 %)	(2 %)	4 %	4 %
EBITDA	413m	661m	546m	489m	570m	610m	654m
% EBITDA margin	11 %	14 %	10 %	11 %	13 %	14 %	14 %
Profit	135m	407m	269m	255m	272m	294m	322m
% profit margin	4 %	8 %	5 %	6 %	6 %	7 %	7 %
EV / revenue	0.6x	0.6x	0.4x	0.7x	0.5x	0.5x	0.4x
EV / EBITDA	5.2x	4.0x	4.4x	6.0x	3.8x	3.4x	3.0x
R&D budget	52.4m	59.5m	62.3m	56.6m	-	-	-
R&D % of revenue	1 %	1 %	1 %	1 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Apr 1999	N/A	N/A	IPO
Nov 2022*	Betafence	€10.0m	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 6 United Kingdom 3 Belgium 2 Hong Kong 1 Russia 1 Germany 1 Canada 1

By Industry

Energy 5 Transportation 2 Real Estate 1 Semiconductors 1 Fashion 1

By Round

ACQUISITION 12 SERIES B 3 SERIES C 1 GROWTH EQUITY VC 1 SERIES A 1

Southwest Screens & Filters

ACQUISITION by Bekaert Jun 2005

Beksa Steel Cord Manufacturing

ACQUISITION by Bekaert Feb 2008

Bekaert Wire Products Hong Kong

ACQUISITION by Bekaert Sep 2007

ACQUISITION by Bekaert Dec 2006

Cold Drawn Products

ACQUISITION by Bekaert Jul 2006

ACQUISITION by Bekaert May 2006

Delta Wire Corp.

ACQUISITION by Bekaert Jan 2006

ECC Card Clothing

ACQUISITION by Bekaert Jun 2005