Report
Geoffroy Michalet

Bureau Veritas : A CMD with underlying targets that are ambitious and encouraging

>Implicit organic growth targets differentiated by division - Bureau Veritas issued quantified targets for growth contribution from divisions. Based on their assumptions, we have recalculated the pace of organic growth implied for each division. These paces of growth ultimately vary quite a lot, and in some cases are different to our forecasts and those of the consensus, but enable above all long-term visibility.M&O represents the first surprise: with an average ...
Underlying
Bureau Veritas SA

Bureau Veritas specializes in inspecting, testing, auditing or certifying products, assets (such as buildings, industrial infrastructure, equipment and ships) and management systems (particularly against ISO standards) based on regulatory or voluntarily adopted standards. Co.'s operations can be divided into eight businesses: ship classification; industry services; inspection and verification of equipment in service; construction services; certification of management systems or services; inspection and testing of consumer products; services related to customs control and international trade services; and inspection and testing of commodities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

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