Report
Fugro : Land site characterisation recovery stronger than expected
>Better-than-expected H1 results, driven by the recovery in Land - On 21 July Fugro published its H1 results. Revenues exceeded company-compiled consensus expectations by 1.5%, 2.7% on EBITDA, 9% on EBIT and 32% on net earnings. The main driver of the strong results this time around was the Land segment, with Fugro reporting strong site characterisation results in all regions. In the analyst call CEO Mark Heine confirmed that the strong H1 margin of 6.4% was not just ...
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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