Brief: Bureau Veritas Confirms Leap | 28 Ambition, Upgrades Total Revenue Growth To Double-Digit In 2027
BRIEF-Bureau Veritas Confirms Leap | 28 Ambition, Upgrades Total Revenue Growth To Double-Digit In 2027 Sept 22 (Reuters) - Bureau Veritas SA BVI.PA:
BUREAU VERITAS CONFIRMS LEAP | 28 AMBITION, UPGRADES TOTAL REVENUE GROWTH TO DOUBLE-DIGIT IN 2027 – 2028 AND TARGETS EUR 1 BILLION REVENUE IN AI-DRIVEN MARKETS AND SERVICES BY 2030
DELIVERS 7-8% ORGANIC REVENUE GROWTH AND 115 BPS ADJUSTED OPERATING MARGIN IMPROVEMENT 2023–2026E
ROTATES 21% OF PORTFOLIO WITH EUR 1.20 BILLION REVENUE THROUGH 24 ACQUISITIONS, 4 DIVESTMENTS, 1 EXIT
'IN 2027 AND 2028, WE WILL ACCELERATE ACQUISITIONS' CEO SAYS
28 GUIDANCE : TOTAL REVENUE CAGR1 UPGRADED TO DOUBLE-DIGIT (FROM HIGH-SINGLE DIGIT) FOR 2027 - 2028
2028 GUIDANCE: LEVERAGE RANGE NARROWED TO 1.5X TO 2.0X (FROM 1.0 TO 2.0X)
TARGETS ROIC ABOVE 20% BY 2028
Source text: nGNE4Q5sD6
Further company coverage: BVI.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Bureau Veritas SA
See all newsBureau Veritas Q3 revenue up 10.1% on Buildings & Infrastructure unit strength
Brief: Bureau Veritas Q3 Revenue At €1.57 Billion
Top of the Street: Ryanair, Rheinmetall, ArcelorMittal, Swedish banks
Citi upgrades Bureau Veritas to 'buy' on 'underappreciated' margin progression prospects
Europe Research Roundup: Allianz, Mercedes-Benz, Tesco