Brief: Fugro Posts Q1 EBIT Margin Of 0.2%
24/04/2025 06:08
April 24 (Reuters) - Fugro NV FUGR.AS: REVENUE DECLINE OF 11% COMPARED TO A STRONG Q1 2024 OUTLOOK FULL-YEAR 2025: EBIT MARGIN WITHIN TARGET RANGE OF 11-15%, REASSESS REVENUE OUTLOOK WHEN GREATER ECONOMIC AND MARKET CLARITY MATERIALISES Q1 EBIT MARGIN OF 0.2% 12-MONTH BACKLOG DECLINES MODESTLY BY 3.3% Q1 OPERATING CASH FLOW BEFORE CHANGES IN WORKING CAPITAL DECREASED TO EUR 21.2 MLN ON AMERICAS MARKETS: WE EXPECT ONGOING IMPACTS OF THESE MARKET UNCERTAINTIES INTO THE SECOND QUARTER Source text: https://tinyurl.com/75wzrumr Further company coverage: FUGR.AS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;))