Fugro confirms first-quarter revenue drop
24/04/2025 06:13
April 24 (Reuters) - Dutch geological data specialist Fugro FUGR.AS reported a drop in first-quarter revenue on Thursday, in line with a profit warning it issued earlier this month. Sales fell 11.1% to 450 million euros ($510.12 million) year-on-year in the first quarter, impacted by a pause in new offshore wind projects in the U.S. and a highly volatile global market environment. ($1 = 0.8821 euros) (Reporting by Alban Kacher; Editing by Christopher Cushing) ((alban.kacher@thomsonreuters.com ; +48 58 769 65 87))