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Bekaert's Buoyant Balance: Belgian Behemoth Battles Barriers

Bekaert's H1 2025 results showcase remarkable resilience amid global trade turbulence. The Belgian steel wire specialist generated €123 million in free cash flow despite 5.2% sales decline, demonstrating superior working capital management. With US steel tariffs doubling to 50%, the company successfully passed through significant cost increases while maintaining 8.8% EBIT margins. Strategic portfolio rationalization continues with completed disposals in Latin America, strengthening focus on higher-margin markets.

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