Bureau Veritas jumps on H1 beat, outlook upgrade

Bureau Veritas SA

29/07/2026 09:49

   ** Shares in Bureau Veritas BVI.PA jump 9.2% after the French business services provider posted H1 update above expectations and upgraded its 2026 organic growth target 
** Reported H1 revenue of 3.26 billion euros ($3.72 billion) was up 5.0% organically, ahead of the 4.5% seen in company-provided consensus
** Adjusted operating profit of 506.5 million euros was ahead of the consensus of 490.6 million euros
** The company now sees mid-to-high single-digit organic revenue growth versus mid-single-digit growth previously forecast
** Jefferies views the results as "reassuring" and "encouraging after a disappointing Q1"
** "We expect this print to be taken positively, alleviating some concerns around the slower growth trends in 1Q'26 and 4Q'25", J.P. Morgan says
** Shares track best day since March 2020, if gains hold
** Including session moves, BVI is up about 9.38% YTD
     
($1 = 0.8774 euros)

(Reporting by Aleksandra Kret in Gdansk)
((aleksandra.kret@thomsonreuters.com))