Bekaert revises financial guidance for 2018
Factors affecting profitability include continued volatility of wire rod prices, slow recovery of Bridon-Bekaert Ropes Group, continued weak demand for loose abrasive sawing wire, among others
Bekaert has revised its financial guidance for fiscal year 2018 taking into account various factors that have weighed on the company’s profitability since the second half of 2017, the company announced in a press release on 20 July.
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