Bekaert: Business Strengthening In Emerging Markets
MAIN FACTS:
-In the third quarter Bekaert achieved consolidated sales of EUR619 million and combined sales of EUR857 million, up 2% and 4% respectively.
-The sales increase was driven by volume growth, while the effect of fluctuations in raw material prices and currency became insignificant quarter-to-quarter.
-Increased market demand, mainly in Asia Pacific, drove Bekaert's third quarter sales volumes higher than in the same period of the prior year.
-Bekaert expects to maintain high sales volumes in the fourth quarter of this year, driven by solid market demand in emerging markets.
-By Brussels Bureau, Dow Jones Newswires; +322 741 1480;
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Publié le 13 novembre 2009 Copyright © 2009 Dowjones
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