Report
Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Feedback from the road show: reassuring message on strategy and the outlook

>Confident message on the outlook for H2... - We think that there could be a slight acceleration in organic growth in H2 vs H1 due to the upturn in activity in the marine & offshore segment and in oil & gas, even though this might be partially offset by the end of ISO certificate renewals at 30 September which benefited Q2 (+14.2%). We forecast organic growth of 3.7% for 2018 (vs 2.2% in 2017). At the margin level, we still expected the reported margin to be stable at...
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
Emira Sagaama

Matthias Desmarais

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Matthias Desmarais
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