UPDATE 1-Bekaert profits beat forecast, helped by cost cuts

Newswire

* Recurring EBIT 257 mln euros vs consensus 207 mln euros * Consolidated sales 2.437 bln euros vs consensus 2.433 bln * Dividend increase of 5 percent to 2.94 euros * Sees opportunities in emerging markets (Adds details, background) BRUSSELS, Feb 26 (Reuters) - Belgian steel cable maker Bekaert said on Friday it was confident of its opportunities in emerging markets after full-year operating profit beat market expectations as it benefited from cost cuts. The company, whose steel ...

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