Report
Fugro : High season working capital signals an even stronger H2
>Analyst meeting highlights - Strength Renewables. Strong H1 results almost fully attributable to strong Renewables performance Europe. In this way Fugro already now comes close to beating its > € 1bn revenue target for Renewables by 2027, Renewables turnover was up 33% y-o-y and now represents 40% of revenues. Oil & Gas was down 8% y-o-y primarily caused by Biden's temporary LNG export ban for the USA, and therefore now back to 35% of revenues. Infrastructure revenue...
Underlying
FUGRO NV
Provider
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.
Thijs Berkelder
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