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A sound start to the year for Bureau Veritas

Published : 24.07.2019

#News

On April 25, Bureau Veritas published its first-quarter results. The world’s second-largest inspection, certification and compliance company posted sales of €1,175 million, up 6.8% over the previous year, including 5.8% at constant exchange rates.

When results were published, Didier Michaud-Daniel, CEO of Bureau Veritas, said, “During the first quarter of 2019, we continued to make progress in transforming the group, posting organic growth of 4.0%. Five of the group’s six activities achieved growth of 4.5% on average. AgriFood and Commodities performed the best, growing 7.8%. Our cyclical activities recovered gradually, as expected. Industry has started to benefit from increased capex in the Oil & Gas sector. Moreover, we finalized four transactions, in support of our Buildings & Infrastructure and Agri-Food Growth Initiatives. These transactions will bolster our presence in the United States and Asia.

Our outlook for 2019 is confirmed. We are aiming for sound organic growth in sales with continued improvement in the adjusted operating margin at constant exchange rates, and continued high cash flow generation.”

To learn more, please read the press release published on April 25, 2019

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The information contained in this section of the website of ��Ǵ�� (the “Seller”) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the “United States”), Australia, Canada, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the “Company”) in the United States, Australia, Canada, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

The securities of the Company referred to in this section of the website (the “Securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or with any securities regulatory authority of any state of the United States for offer or sale as part of their distribution and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Securities have not been and will not be registered under the applicable securities laws of Australia, Canada or Japan, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Canada, Japan or any other jurisdiction in which it would be unlawful or would require registration or other measures.

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The information contained in this section of the website of ��Ǵ�� SE, parent company of Eufor SAS (together “��Ǵ��”) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the “United States”), Australia, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the “Issuer”) in the United States, Australia, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

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