24 Nov 2025
Sales for the third quarter fell 4.3%, weighed down by forex, price/mix
Brussels – Bekaert has reported mixed volumes in its rubber reinforcement division in the third quarter of 2025, with growth in China and North America offsetting weaker demand in Europe and India.
Sales for the third quarter fell 4.3% to €393 million, helped by a €12 million contribution of volumes, offset by the negative impact of foreign currency exchange and price/mix, Bekaert reported 21 Nov.
The Belgian group said “volume growth in China” was supported by a “strong domestic market,” alongside higher demand in North America.
“Increased competition from imports” led to lower volumes in Europe and India, the it added.
High plant utilisation in China continued to support profitability and cash flow, Bekaert said.
The company added that €33 million in third quarter sales from its Brazilian joint venture were not included in consolidated results.
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