Bureau Veritas（BVI）株式概要ビューローベリタスSAは、試験所での試験、検査、認証サービスを提供している。 詳細BVI ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長2/6過去の実績2/6財務の健全性5/6配当金4/6報酬当社が推定した公正価値より24.6%で取引されている 収益は年間11.26%増加すると予測されています リスク分析不安定な配当実績 多額の負債を抱えている すべてのリスクチェックを見るBVI Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN11.8% undervaluedAnalystConsensusTarget•4d agoGlobal Regulations And Cybersecurity Will Shape Future TIC Markets14904Top Analyst NarrativesBureau VeritasANAnalystConsensusTargetBased on Analyst Price TargetsGlobal Regulations And Cybersecurity Will Shape Future TIC MarketsBureau Veritas could ride a wave of tougher rules and more complex global supply chains, as more companies need trusted outside checks on safety, sustainability, and cyber risk. But the growth story leans heavily on buying other businesses and rolling out new digital tools, and either one could stumble and weigh on results.View narrative€32.23FV11.8% 割安 内在価値ディスカウント4.93%Revenue growth p.a.Set Fair ValueView149users have viewed this narrative0users have liked this narrative0users have commented on this narrative4users have followed this narrativeUpdated narrativeView all narrativesBureau Veritas SA 競合他社AssystemSymbol: ENXTPA:ASYMarket cap: €646.2mTeleperformanceSymbol: ENXTPA:TEPMarket cap: €3.9bSPIESymbol: ENXTPA:SPIEMarket cap: €7.9bElisSymbol: ENXTPA:ELISMarket cap: €5.4b価格と性能株価の高値、安値、推移の概要Bureau Veritas過去の株価現在の株価€28.4452週高値€30.1852週安値€24.58ベータ0.741ヶ月の変化4.25%3ヶ月変化7.89%1年変化6.84%3年間の変化14.08%5年間の変化0.11%IPOからの変化199.37%最新ニュースナラティブ更新 • Aug 01BVI: LEAP 28 Portfolio Shift And Margin Focus Will Drive Medium Term UpsideBureau Veritas sees its analyst price target referenced around €31.44, with the latest revision in this valuation update supported by analysts citing adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent research on Bureau Veritas offers a mix of optimism and caution around the stock's execution and valuation.Reported Earnings • Jul 31First half 2026 earnings released: EPS: €0.54 (vs €0.72 in 1H 2025)First half 2026 results: EPS: €0.54 (down from €0.72 in 1H 2025). Revenue: €3.36b (up 2.0% from 1H 2025). Net income: €237.9m (down 26% from 1H 2025). Profit margin: 7.1% (down from 9.8% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.ライブニュース • Jul 29Bureau Veritas Plans Exits From Several Divisions and Lifts 2026 Growth GuidanceBureau Veritas outlined further steps in its LEAP | 28 plan, including exiting Oil & Petrochemicals and Coal testing and inspection and Government Services, while pursuing acquisitions in areas the group describes as higher growth and higher margin, and it lifted its full-year 2026 guidance to target mid to high single-digit organic revenue growth. Management links these portfolio changes to ongoing efforts to reshape the business mix, with steady organic revenue growth in the first half of 2026 and continued margin expansion cited as support for the upgraded guidance. The stock trades around €29.27, with the share price up about 9.1% year to date. The read-through is that Bureau Veritas is concentrating capital and management attention on what it views as stronger business lines, while accepting execution risk from exits and integrations over the next few years.お知らせ • Jul 29Bureau Veritas Sa Announces Executive AppointmentsBureau Veritas announces new strategic appointments within the Executive Committee to support the continued delivery of its LEAP | 28 ambitions, effective in July 2026: Marios Broustas, a seasoned M&A expert with 30 years of investment banking and corporate strategy experience in the United States and Europe, is appointed as Executive Vice-President, Corporate Development. He succeeds Juliano Cardoso, who is retiring after 28 years at Bureau Veritas. Khurram Majeedis appointed Chief Commercial Officer while retaining his position as Executive Vice-President, Middle East, Caspian & Africa Region, a role he has held since 2024. In this new position, he will drive the performance of Bureau Veritas’ Sales & Marketing function across all regions and product lines. Noor Sait is appointed as Chief Performance Officer. He will lead operational excellence, technical integrity, quality, health, safety and environment, and corporate social responsibility teams, as well as all LEAP | 28 performance programs globally. He joined Bureau Veritas in 2025 as Middle East, Caspian & Africa Industry and Operational Excellence and Performance Vice-President.ライブニュース • Jul 01Bureau Veritas Agrees to Sell Oil and Coal Testing Units to Triton PartnersBureau Veritas has agreed to sell its Oil & Petrochemicals and Coal Testing and Inspection business to Triton Partners as part of its LEAP | 28 portfolio rotation strategy, with completion targeted by the end of the first quarter of 2027, subject to customary conditions. The divestment is presented as a way to tilt Bureau Veritas’ portfolio toward businesses with higher growth and higher margins, and is described as a significant milestone within its plan to rotate roughly 20% of the portfolio under LEAP | 28. The stock trades at €26.78, with a 4.0% gain over the past week, providing context for how the market has recently priced Bureau Veritas during this phase of portfolio reshaping. This sale concentrates Bureau Veritas more firmly in areas it describes as higher growth and margin, while also reducing exposure to traditional oil, petrochemicals and coal activities, which may change its risk mix and earnings profile over time.ナラティブ更新 • Jun 24BVI: AI Compliance And Partnered Safety Services Will Support Medium Term UpsideThe analyst price target for Bureau Veritas has been trimmed by roughly €0.26 as analysts factor in slightly lower fair value, a small adjustment to the discount rate, and marginally softer assumptions for revenue growth, profit margin and future P/E multiples following recent mixed research updates. Analyst Commentary Recent research on Bureau Veritas reflects a mixed but engaged view from major banks, with several price target revisions and one rating upgrade highlighting different opinions on valuation, growth assumptions and execution risk.最新情報をもっと見るRecent updatesナラティブ更新 • Aug 01BVI: LEAP 28 Portfolio Shift And Margin Focus Will Drive Medium Term UpsideBureau Veritas sees its analyst price target referenced around €31.44, with the latest revision in this valuation update supported by analysts citing adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent research on Bureau Veritas offers a mix of optimism and caution around the stock's execution and valuation.Reported Earnings • Jul 31First half 2026 earnings released: EPS: €0.54 (vs €0.72 in 1H 2025)First half 2026 results: EPS: €0.54 (down from €0.72 in 1H 2025). Revenue: €3.36b (up 2.0% from 1H 2025). Net income: €237.9m (down 26% from 1H 2025). Profit margin: 7.1% (down from 9.8% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.ライブニュース • Jul 29Bureau Veritas Plans Exits From Several Divisions and Lifts 2026 Growth GuidanceBureau Veritas outlined further steps in its LEAP | 28 plan, including exiting Oil & Petrochemicals and Coal testing and inspection and Government Services, while pursuing acquisitions in areas the group describes as higher growth and higher margin, and it lifted its full-year 2026 guidance to target mid to high single-digit organic revenue growth. Management links these portfolio changes to ongoing efforts to reshape the business mix, with steady organic revenue growth in the first half of 2026 and continued margin expansion cited as support for the upgraded guidance. The stock trades around €29.27, with the share price up about 9.1% year to date. The read-through is that Bureau Veritas is concentrating capital and management attention on what it views as stronger business lines, while accepting execution risk from exits and integrations over the next few years.お知らせ • Jul 29Bureau Veritas Sa Announces Executive AppointmentsBureau Veritas announces new strategic appointments within the Executive Committee to support the continued delivery of its LEAP | 28 ambitions, effective in July 2026: Marios Broustas, a seasoned M&A expert with 30 years of investment banking and corporate strategy experience in the United States and Europe, is appointed as Executive Vice-President, Corporate Development. He succeeds Juliano Cardoso, who is retiring after 28 years at Bureau Veritas. Khurram Majeedis appointed Chief Commercial Officer while retaining his position as Executive Vice-President, Middle East, Caspian & Africa Region, a role he has held since 2024. In this new position, he will drive the performance of Bureau Veritas’ Sales & Marketing function across all regions and product lines. Noor Sait is appointed as Chief Performance Officer. He will lead operational excellence, technical integrity, quality, health, safety and environment, and corporate social responsibility teams, as well as all LEAP | 28 performance programs globally. He joined Bureau Veritas in 2025 as Middle East, Caspian & Africa Industry and Operational Excellence and Performance Vice-President.ライブニュース • Jul 01Bureau Veritas Agrees to Sell Oil and Coal Testing Units to Triton PartnersBureau Veritas has agreed to sell its Oil & Petrochemicals and Coal Testing and Inspection business to Triton Partners as part of its LEAP | 28 portfolio rotation strategy, with completion targeted by the end of the first quarter of 2027, subject to customary conditions. The divestment is presented as a way to tilt Bureau Veritas’ portfolio toward businesses with higher growth and higher margins, and is described as a significant milestone within its plan to rotate roughly 20% of the portfolio under LEAP | 28. The stock trades at €26.78, with a 4.0% gain over the past week, providing context for how the market has recently priced Bureau Veritas during this phase of portfolio reshaping. This sale concentrates Bureau Veritas more firmly in areas it describes as higher growth and margin, while also reducing exposure to traditional oil, petrochemicals and coal activities, which may change its risk mix and earnings profile over time.ナラティブ更新 • Jun 24BVI: AI Compliance And Partnered Safety Services Will Support Medium Term UpsideThe analyst price target for Bureau Veritas has been trimmed by roughly €0.26 as analysts factor in slightly lower fair value, a small adjustment to the discount rate, and marginally softer assumptions for revenue growth, profit margin and future P/E multiples following recent mixed research updates. Analyst Commentary Recent research on Bureau Veritas reflects a mixed but engaged view from major banks, with several price target revisions and one rating upgrade highlighting different opinions on valuation, growth assumptions and execution risk.ナラティブ更新 • Jun 08BVI: AI Compliance Audit Rollout Will Support Medium Term UpsideNarrative Update Overview The updated analyst price target for Bureau Veritas nudges slightly lower to €31.73 from €32.03, reflecting modestly softer assumptions on revenue growth, profit margins and future P/E, alongside recent price target trims and list removal, even though some analysts have turned more positive on the stock. Analyst Commentary Recent Street research on Bureau Veritas shows a mix of optimism and caution, with several price target cuts offset by at least one upgrade and some list rebalancing.お知らせ • May 21+ 1 more updateBureau Veritas Sa Approves Cash Dividend for the Financial Year Ended December 31, 2025, Payable on May 28, 2026Bureau Veritas Sa at its Combine Shareholder Meeting held on May 19, 2026, approved Cash Dividend of €0.92 per share for the Financial Year Ended December 31, 2025, Payable on May 28, 2026. Ex-date on May 26, 2026 on positions closed on May 27, 2026.Upcoming Dividend • May 19Upcoming dividend of €0.92 per shareEligible shareholders must have bought the stock before 26 May 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (4.0%).ナラティブ更新 • May 13BVI: AI Compliance Launch Will Support Medium Term Organic UpsideAnalysts now estimate Bureau Veritas' fair value at about €32.03, slightly lower than the previous estimate of approximately €32.59. This adjustment reflects recent price target reductions from several banks and differing opinions following the stock's addition to, and subsequent removal from, Goldman Sachs' European Conviction List.ナラティブ更新 • Apr 23BVI: Conviction List Inclusion Will Support Medium Term Organic UpsideAnalysts have trimmed their fair value estimate for Bureau Veritas to about €32.60 per share, a reduction of roughly €0.76. This reflects a slightly higher discount rate and profit margin assumptions that are a bit lower, while still pointing to sector leading organic growth and recent price target support around €32.60.お知らせ • Apr 07Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire LotusWorks Ltd. for enterprise value of approximately €380 million.Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire LotusWorks Ltd. for enterprise value of approximately €380 million on April 6, 2026. The transaction, representing an enterprise value of €375 million, will be financed via existing and recently negotiated credit lines. This implies a 2026e EV/EBITA multiple of 15x. The agreement includes an earn-out mechanism should the business outperform its plan. In calendar year 2025, LotusWorks generated €131 million in revenue. The transaction is expected to close by summer 2026, subject to customary regulatory approvals. The acquisition will enhance Bureau Veritas’ organic growth and will be accretive to the Bureau Veritas’ Adjusted Operating Margin.お知らせ • Apr 01Bureau Veritas Launches An Independent AI Assessment Offering For European EnterprisesBureau Veritas announces the launch of an AI systems audit to help European enterprises assess and demonstrate their compliance with the European Union's AI Act regulatory requirements. This offering combines on-site audits, document analysis, and direct testing to deliver an independent maturity report. Since the EU's AI regulation came into force in 2024, companies have faced major implementation challenges. According to a recent report, 68% of them struggle to interpret the provisions of the text, while 60% have yet to put in place the governance needed to comply. Non-compliance can cost them up to 7% of annual revenue. Bureau Veritas has developed this new audit offering to help companies identify their compliance gaps and remedy them. Bureau Veritas's new audit offering comprises a pre-audit, document review, on-site audit, and direct testing, resulting in an independent report on the client's AI maturity. This assessment is built on eight standardized pillars covering the full spectrum of risks: security, robustness, data privacy, governance, fairness, explainability, controllability, and transparency. To develop this offering, Bureau Veritas relies on AWS AI Risk Intelligence (AIRI), the automated governance solution developed by the AWS Generative AI Innovation Center, a global team of AWS experts who help companies design, develop, and deploy AI solutions. AIRI enables automation of document review and direct testing, thus reducing audit cycles from several weeks to just a few days. Bureau Veritas has adapted this tool to its audit processes to meet the specific needs of its auditors. With this new offering, they have clear indicators enabling them to quickly and precisely identify vulnerabilities in AI systems, transform abstract governance concepts into measurable and actionable information, and formulate remediation recommendations to help companies achieve compliance. The offering targets large enterprises and mid-sized companies in Europe. Deployment will begin in the second quarter of 2026 in several key markets: France, United Kingdom, Spain, Italy, the Netherlands and Nordic countries. In the United Kingdom, the offering relies on international standards, notably ISO, applicable independently of the European regulatory framework. Bureau Veritas plans to deploy this offering beyond Europe and adapt AIRI to integrate other regulatory frameworks and international standards related to AI.Reported Earnings • Apr 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.32 (up from €1.27 in FY 2024). Revenue: €6.68b (up 3.7% from FY 2024). Net income: €588.0m (up 3.3% from FY 2024). Profit margin: 8.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.32 (up from €1.27 in FY 2024). Revenue: €6.68b (up 3.7% from FY 2024). Net income: €588.0m (up 3.3% from FY 2024). Profit margin: 8.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 26Bureau Veritas SA, Annual General Meeting, May 19, 2026Bureau Veritas SA, Annual General Meeting, May 19, 2026. Location: tour alto 4 place des saisons, courbevoie Franceお知らせ • Feb 25+ 1 more updateBureau Veritas SA (ENXTPA:BVI) announces an Equity Buyback for €200 million worth of its shares.Bureau Veritas SA (ENXTPA:BVI) announces a share repurchase program. Under the program, the company will repurchase €200 million worth of its shares. The program will be completed within the next twelve months. The program is subject to approval by the Annual General Meeting of May 19, 2026 if any or all is to be executed after that date.ナラティブ更新 • Feb 19BVI: EcoVadis Partnership Will Support Medium Term Supply Chain UpsideAnalysts have kept their €33.35 price target for Bureau Veritas broadly unchanged, as only small tweaks to the discount rate, revenue growth, profit margin and future P/E inputs did not materially shift their valuation view. What's in the News Bureau Veritas plans an Analyst and Investor Day focused on updating its LEAP | 28 strategy, giving investors more detail on medium term priorities and execution plans (Key Developments).ナラティブ更新 • Feb 05BVI: EcoVadis Partnership Will Support Medium Term Supply Chain ResilienceAnalysts have trimmed their price target on Bureau Veritas to €33.35 from €33.93, reflecting slightly higher discount rate assumptions and more cautious revenue growth expectations. This is partly balanced by a modestly stronger projected profit margin and a small adjustment in future P/E estimates.お知らせ • Jan 24Bureau Veritas SA (ENXTPA:BVI) acquired Spin 360 Srl.Bureau Veritas SA (ENXTPA:BVI) acquired Spin 360 Srl on January 23, 2026. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Spin 360 Srl on January 23, 2026.分析記事 • Jan 03Do Bureau Veritas' (EPA:BVI) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Dec 16Bureau Veritas Announces Board and Committee Changes, Effective December 13, 2025Bureau Veritas announced that the Board of Directors, under the chairmanship of Mr. Laurent Mignon, has appointed Mr. Geoffroy Roux de Bézieux as Lead Independent Director, Chairman of the Nomination & Compensation Committee, and Vice-Chairman of the Company’s Board of Directors, replacing Mr. Pascal Lebard who no longer qualifies as independent after twelve years of directorship. The Board of Directors of Bureau Veritas, which met on October 22, 2025, decided, upon recommendation of the Nomination & Compensation Committee, to appoint, with effect from December 13, 2025, Mr. Geoffroy Roux de Bézieux as Lead Independent Director, Chairman of the Nomination & Compensation Committee and Vice-Chairman of the Company's Board of Directors for the remainder of his term of office as director. Mr. Geoffroy Roux de Bézieux has been an independent director on the Board of Directors since 2023. Mr. Geoffroy Roux de Bézieux replaces Mr. Pascal Lebard, who would have completed twelve years of tenure on December 13, 2025 and will no longer be considered an independent director within the meaning of the AFEP/MEDEF recommendations. On the same day, upon recommendation of the Nomination & Compensation Committee, the Board of Directors made the following appointments within the Board Committees with effect from December 13, 2025: Appointment of Mr. Geoffroy Roux de Bézieux as member of the Audit and Risks Committee; Appointment of Ms. Julie Avrane as member of the Nomination & Compensation Committee. Mr. Pascal Lebard remains member of the Nomination & Compensation Committee, the Strategy Committee and the CSR Committee. The Board of Directors continues to be composed of 12 members.お知らせ • Nov 17Bureau Veritas Appoints Santiago Arias Duval as Executive Vice-President for the Americas Region, Effective November 17, 2025Bureau Veritas announced the appointment of Santiago Arias Duval, effective November 17, 2025, as Executive Vice-President, Americas. This appointment is in line with Bureau Veritas’ new operating model effective since September 1, 2025. Santiago Arias Duval will report to Hinda Gharbi, Chief Executive Officer of Bureau Veritas, and joins the Group Executive Committee. Santiago Arias Duval served as Senior Vice President and General Manager of Precision Technologies at Ingersoll Rand. In this role, he was responsible for the overall strategy, operations, and commercial performance of a diverse set of businesses serving customers across multiple industries worldwide. Joining Ingersoll Rand in 2017, Santiago held a series of leadership roles of increasing responsibility, including General Manager of Industrial Pumps and Medical North America and Vice President and General Manager of the Vacuum & Liquid Handling, and Life Sciences businesses. Throughout his tenure, Santiago has consistently delivered above-market organic growth, executed multiple acquisitions, and driven significant EBITDA margin expansion through commercial excellence, operational efficiency, and disciplined portfolio management. Before joining Ingersoll Rand, Santiago held leadership positions at Danaher Corporation, where he served as Packaging Business Unit Leader for X-Rite and as a consultant within the Danaher Business System Office, supporting global operating companies on new product commercialization. Earlier in his career, he worked in product management at Fluke (Danaher) and in operations at General Motors. Santiago holds a Master of Business Administration from the Massachusetts Institute of Technology (MIT) and a Bachelor of Science in Electrical Engineering from the Georgia Institute of Technology.分析記事 • Nov 09We Think Bureau Veritas (EPA:BVI) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Oct 24+ 1 more updateBureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire Solida Energias Renovables, S.L.Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire Solida Energias Renovables, S.L. on October 23, 2025. In a related transaction, Bureau Veritas signed an agreement to acquire London Building Control Limited. For the period ending December 31, 2024, Solida Energias Renovables, S.L. reported total revenue of €18 million. The transaction is expected to be closed in the next few weeks.お知らせ • Oct 23Bureau Veritas SA Reaffirms Earnings Guidance for the Full Year 2025Bureau Veritas SA reaffirmed earnings guidance for the full year 2025. For the year, Based on the 9-month performance, leveraging a robust opportunities pipeline, a solid backlog, and mid-to-long-term strong market fundamentals, Bureau Veritas reaffirmed its outlook for the full year 2025: Mid-to-high single-digit organic revenue growth.分析記事 • Sep 22Is Now The Time To Put Bureau Veritas (EPA:BVI) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...New Risk • Sep 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (28% increase in shares outstanding).Reported Earnings • Jul 27First half 2025 earnings released: EPS: €0.72 (vs €0.52 in 1H 2024)First half 2025 results: EPS: €0.72 (up from €0.52 in 1H 2024). Revenue: €3.29b (up 5.7% from 1H 2024). Net income: €322.3m (up 38% from 1H 2024). Profit margin: 9.8% (up from 7.5% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 25+ 4 more updatesBureau Veritas SA to Report Fiscal Year 2025 Results on Feb 25, 2026Bureau Veritas SA announced that they will report fiscal year 2025 results Pre-Market on Feb 25, 2026お知らせ • Jul 03Bureau Veritas SA (ENXTPA:BVI) acquired remaining unknown minority stake in Secura B.V.Bureau Veritas SA (ENXTPA:BVI) acquired remaining unknown minority stake in Secura B.V. recently. Secura will become Bureau Veritas Cybersecurity effective July 1, 2025.Upcoming Dividend • Jun 24Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 01 July 2025. Payment date: 03 July 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (3.8%).お知らせ • Jun 20+ 1 more updateBureau Veritas SA Approves Dividend Distribution for the Financial Year Ended December 31, 2024, Payable on July 3, 2025Bureau Veritas SA at its Combined Shareholders' Meeting held on June 19, 2025, approved dividend distribution of EUR 0.90 per share to be paid in cash on July 3, 2025 (ex-date on July 1, 2025) on positions closed on July 2, 2025 for the financial year ended December 31, 2024.お知らせ • May 06Bureau Veritas SA, Annual General Meeting, Jun 19, 2025Bureau Veritas SA, Annual General Meeting, Jun 19, 2025. Location: immeuble newtime 40 52 boulevard du parc, neuilly sur seine Franceお知らせ • Apr 25Bureau Veritas SA Reaffirms Earnings Guidance for 2025Bureau Veritas SA reaffirms earnings guidance for 2025. While customers are navigating an uncertain period, the Group has a robust opportunities pipeline, a solid backlog, and mid-to-long-term strong market fundamentals. Therefore, the company keeps its outlook unchanged, and expects to deliver for the full year 2025: Mid-to-high single-digit organic revenue growth.Buy Or Sell Opportunity • Apr 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €24.74. The fair value is estimated to be €31.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 8.5%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.お知らせ • Apr 08Bureau Veritas SA Announces Appointment of Stefano Colonna as the New Head of Passenger Ships and Yachts for the North American RegionBureau Veritas SA announced the appointment of Stefano Colonna as the new Head of Passenger Ships and Yachts for the North American region, during Seatrade Cruise Global 2025. With more than 30 years of leadership experience in the passenger ships and yachting industries, Stefano has held prominent roles, including Vice President of Service for North and South America at NAVIM Group, overseeing Quality Assurance and Certifications, Director of Marine Safety Operations at Carnival Cruise Line and Director of Technical Safety Operations at The Walt Disney Company. Specializing in new builds, capital project management, technical safety operations, and regulatory compliance, Stefano has successfully overseen the management and operational safety of multi-billion-dollar fleets, including cruise ships, luxury yachts, and passenger vessels, ensuring they meet the highest standards of safety, quality, and efficiency. Stefano's expertise in shipboard systems, regulatory compliance, and risk management was pivotal in executing complex projects such as Safe Return to Port certification, major vessel refurbishments, and fleet-wide safety enhancements. As Head of Passenger Ships and Yachts, North American, Stefano will be responsible for continuing to strengthen BV's presence within the cruise and yachting sector. Leading on initiatives to enhance vessel classification, safety, and regulatory compliance, ensuring that passenger ships and yachts operate at the forefront of innovation, sustainability, and safety standards.Reported Earnings • Mar 28Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.27 (up from €1.11 in FY 2023). Revenue: €6.44b (up 6.4% from FY 2023). Net income: €569.4m (up 13% from FY 2023). Profit margin: 8.8% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.お知らせ • Mar 18Bureau Veritas SA (ENXTPA:BVI) acquired GEO Assay Group.Bureau Veritas SA (ENXTPA:BVI) acquired GEO Assay Group on March 17, 2025. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of GEO Assay Group on March 17, 2025.新しいナラティブ • Mar 02Expansion Into Renewables And Cybersecurity Will Strengthen Market Leadership Bureau Veritas aims for growth via organic expansion in high-demand sectors and an accelerated M&A strategy, boosting revenue and market share. Declared Dividend • Feb 28Dividend increased to €0.90Dividend of €0.90 is 8.4% higher than last year. Ex-date: 1st July 2025 Payment date: 3rd July 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 26Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.27 (up from €1.11 in FY 2023). Revenue: €6.44b (up 9.8% from FY 2023). Net income: €569.4m (up 13% from FY 2023). Profit margin: 8.8% (up from 8.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.お知らせ • Feb 25+ 1 more updateBureau Veritas Provides Earnings Guidance for 2025Bureau Veritas provided earnings guidance for 2025. It expects to deliver for the full year 2025: Mid-to-high single-digit organic revenue growth.お知らせ • Jan 28SGS, Bureau Veritas End Merger TalksBureau Veritas SA (EPA:BVI) and Swiss peer SGS SA (SWX:SGSN) have discontinued their discussions about a potential business combination, the two firms said. The companies disclosed earlier in January that they were in talks over a potential tie-up. According to a report by Bloomberg, the move would create an entity with a combined market capitalisation of about $33 billion (EUR 31.5 billion). The discussions, however, have not resulted in an agreement and have ended, SGS said. The Swiss company will remain focused on its strategic goals to speed up growth and deliver superior value to its shareholders, it added. Bureau Veritas said in a separate statement that it also remains committed to its strategy. The French company aims at revenue growth of a high single-digit percentage, including a mid-to-high single-digit organic rise. Bureau Veritas also targets consistent adjusted operating margin improvement, double-digit shareholder returns and dividend yield.お知らせ • Jan 21Bureau Veritas SA (ENXTPA:BVI) agreed to acquire Contec Aqs Ambiente Qualita' Sicurezza Srl.Bureau Veritas SA (ENXTPA:BVI) agreed to acquire Contec Aqs Ambiente Qualita' Sicurezza Srl on January 20, 2025. In this transaction, Bureau Veritas will acquire Contec AQS and its two owned subsidiaries Exenet and PMPI. The transaction is subject to customary closing conditions, including regulatory clearance. The transaction is expected to be closed by the end of March 2025.お知らせ • Jan 15SGS Reportedly In Talks to Combine with Bureau VeritasSGS SA (SWX:SGSN) is in advanced talks to combine with Bureau Veritas SA (ENXTPA:BVI), people with knowledge of the matter said, in a deal that would create a European testing and certification company with a combined market value of almost $35 billion. Geneva-based SGS and France’s Bureau Veritas are working on the final details of a transaction that could be announced in the coming weeks, the people said, asking not to be identified discussing confidential information.お知らせ • Dec 03Bureau Veritas SA (ENXTPA:BVI) acquired Lbs Luxury Brands Services S.R.L.Bureau Veritas SA (ENXTPA:BVI) acquired Lbs Luxury Brands Services S.R.L. on December 3, 2024. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Lbs Luxury Brands Services S.R.L. on December 3, 2024.お知らせ • Nov 12Bureau Veritas SA (ENXTPA:BVI) acquired Versatec Energy B.v..Bureau Veritas SA (ENXTPA:BVI) acquired Versatec Energy B.v. on November 12, 2024. For the period ending December 31, 2023, Versatec Energy B.v. reported total revenue of €4.2 million. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Versatec Energy B.v. on November 12, 2024.お知らせ • Nov 06Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire APP Corporation Pty Limited.Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire APP Corporation Pty Limited on November 4, 2024. For the period ending December 31, 2023, APP Corporation Pty Limited reported total revenue of €87 million. The transaction is subject to regulatory approval and is expected to be closed by year end. Moelis Australia Securities Pty Ltd. acted as financial advisor to Five V Capital on the divestment of APP corporation.お知らせ • Oct 24Bureau Veritas SA (ENXTPA:BVI) acquired Aligned Incentives, LLC.Bureau Veritas SA (ENXTPA:BVI) acquired Aligned Incentives, LLC on October 23, 2024. For 2023, Aligned Incentives, LLC reported total revenue of €3.5 million. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Aligned Incentives, LLC on October 23, 2024.お知らせ • Oct 07Bureau Veritas SA (ENXTPA:BVI) acquired Idp Ingenieria Y Arquitectura Iberia, SLU from Nazca Capital, SGEIC, S.A. and Fondo Nazca V, FCR.Bureau Veritas SA (ENXTPA:BVI) acquired Idp Ingenieria Y Arquitectura Iberia, SLU from Nazca Capital, SGEIC, S.A. and Fondo Nazca V, FCR on October 7, 2024. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Idp Ingenieria Y Arquitectura Iberia, SLU from Nazca Capital, SGEIC, S.A. and Fondo Nazca V, FCR on October 7, 2024.Reported Earnings • Jul 28First half 2024 earnings released: EPS: €0.52 (vs €0.51 in 1H 2023)First half 2024 results: EPS: €0.52 (up from €0.51 in 1H 2023). Revenue: €3.12b (up 4.2% from 1H 2023). Net income: €234.3m (flat on 1H 2023). Profit margin: 7.5% (down from 7.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 26+ 1 more updateBureau Veritas Appoints Maria Lorente Fraguas as Executive Vice President and Chief People Officer, Effective October 1st, 2024Bureau Veritas announced the appointment of Maria Lorente Fraguas as Executive Vice President and Chief People Officer, effective October 1st, 2024. As Bureau Veritas embarks on a new journey with the recent launch of its strategy LEAP I 28, this appointment will play a key role in evolving the Group’s people model, ensuring the development of new strategic skills, and developing new ways of working through tech augmentation. Maria brings a track record of global Human Resources leadership experience to the Group, with a particular focus on talent development, transformation, diversity, and inclusion. Previously Maria was Chief Human Resources Officer and Corporate Social Responsibility and a member of the Executive Committee of Nexans. Maria Lorente Fraguas will report to Hinda Gharbi, Chief Executive Officer, and will be a member of the Group Executive Committee. She replaces Kathryn Dolan who decided to pursue career opportunities outside Bureau Veritas. Maria Lorente Fraguas will join Bureau Veritas from Nexans, where she holds the position of Senior Corporate Vice President, Chief Human Resources Officer, and Corporate Social Responsibility and is a member of the Executive Committee. She has over 20 years of experience in leading international teams around the world and in a wide range of positions, including Operations, New Product Development, Transformation and Human Resources. She is an advocate for talent development, inclusion and diversity and has integrated this passion in the way she leads diverse teams around the world. Prior to Nexans, Maria worked in SLB, where she managed international teams in senior HR, functional, and line roles around the world. She worked in eight different countries across Europe, the Middle East, Latin America and North America, and most recently served as the Director of Human Resources – Production Systems. She holds a master’s degree in industrial and electrical engineering from the Universidad Politécnica de Valencia in Spain and École Supérieure d’Électricité in France.お知らせ • Jul 04+ 1 more updateBureau Veritas SA to Report Fiscal Year 2024 Results on Feb 25, 2025Bureau Veritas SA announced that they will report fiscal year 2024 results Pre-Market on Feb 25, 2025お知らせ • Jun 21+ 1 more updateBureau Veritas SA Approves Dividend Distribution, Payable on July 4, 2024Bureau Veritas SA in its Ordinary Shareholders’ Meeting of June 20, 2024 approved the dividend distribution of €0.83 per share to be paid in cash on July 4, 2024 (ex-date on July 2, 2024) on positions closed on July 3, 2024.お知らせ • Apr 26Bureau Veritas SA Provides Earnings Guidance for the Full Year 2024Bureau Veritas SA provided earnings guidance for the full year 2024. For the year, company expects to deliver Mid-to-high single-digit organic revenue growth.お知らせ • Apr 05Bureau Veritas SA (ENXTPA:BVI) commences an Equity Buyback Plan for 45,244,445 shares, representing 10% for €2,039 million, under the authorization approved on June 22, 2023.Bureau Veritas SA (ENXTPA:BVI) commences share repurchases on April 3, 2024, under the program mandated by the shareholders in the Annual General Meeting held on June 22, 2023. As per the mandate, the company is authorized to repurchase up to 45,244,445 shares, representing 10% of its share capital for €2,039 million, such that its holdings at any time shall not exceed 10% of the issued share capital. The maximum price at which the shares will be repurchased is €45 per share. The purpose of the repurchase program is to ensure the liquidity of and make a market in the company’s shares via an investment services provider acting independently and in the name and on behalf of the company and to implement any company stock option plan under the provisions of articles L. 225-177 et seq. and L. 22-10-56 et seq. of the Commercial Code or any similar plan, any allocation or transfer of shares to employees as part of their participation, share transfer to employees as part of a profit-sharing plan or any company or group savings plan under and to deliver shares in the event of the issue or exercise of rights attached to securities giving immediate and/or future access to the company’s share capital by reimbursement, conversion, exchange, presentation of a voucher or any other manner, and/or to hold and subsequently deliver shares in connection with external growth transactions, mergers, spin-offs or contributions, it being specified that in such a case, the shares acquired for this purpose may not exceed 5% of the company’s share capital at any time, and to cancel all or a part of the acquired ordinary shares, and to implement any market practice that is or may be allowed by the market authorities, and/or to carry out transactions for any other purpose that is or may be authorized by applicable laws or regulations. The share repurchase program is valid for 18 months. As of December 31, 2022, the company had 452,444,454 issued shares.株主還元BVIFR Professional ServicesFR 市場7D-2.8%5.5%1.8%1Y6.8%1.9%8.3%株主還元を見る業界別リターン: BVI過去 1 年間で1.9 % の収益を上げたFrench Professional Services業界を上回りました。リターン対市場: BVIは、過去 1 年間で8.3 % のリターンを上げたFrench市場を下回りました。価格変動Is BVI's price volatile compared to industry and market?BVI volatilityBVI Average Weekly Movement3.6%Professional Services Industry Average Movement4.2%Market Average Movement4.8%10% most volatile stocks in FR Market10.1%10% least volatile stocks in FR Market2.4%安定した株価: BVI 、 French市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BVIの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト182880,449Hinda Gharbigroup.bureauveritas.comビューローベリタスSA は試験所での試験、検査、認証サービスを提供している。事業セグメントは6つ：マリン＆オフショア、アグリフード＆コモディティ、インダストリー、ビル＆インフラ、認証、コンシューマープロダクツサービス。同社は、顧客の製品、資産、管理システムを規制基準や自主基準に照らして検査、分析、監査、認証し、コンプライアンス・レポートを発行している。また、海洋・オフショア向けの技術サービス、石油・石油化学、金属・鉱物、農業食品向けの検査・監査・認証・試験サービス、技術管理、法令順守、独立技術支援、品質保証・品質管理、建設管理、プロジェクト管理支援、製造・プロセス産業向けのラボ・オンサイト試験サービス、製品・サービス・資産・設備向けの検査サービス、リスク低減、品質管理、数量検証、規制要件への適合を目的とした各種サービス、管理システム・製品・人材向けの認証サービスも提供している。同社は、建設・土木、不動産、運輸、石油・ガス、海洋・オフショア、原子力、防衛、自動車、航空宇宙、IT、エレクトロニクス、電力・公益事業、消費財、小売業界、金融サービス、公共部門にサービスを提供している。オフィスと研究所のネットワークを通じて約140カ国で事業を展開している。ビューローベリタスSA は1828 年に設立され、フランスのヌイイ＝シュル＝セーヌに本社を置いている。もっと見るBureau Veritas SA 基礎のまとめBureau Veritas の収益と売上を時価総額と比較するとどうか。BVI 基礎統計学時価総額€12.71b収益（TTM）€503.60m売上高(TTM)€6.75b25.1xPER（株価収益率1.9xP/SレシオBVI は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BVI 損益計算書（TTM）収益€6.75b売上原価€4.77b売上総利益€1.98bその他の費用€1.48b収益€503.60m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）1.13グロス・マージン29.38%純利益率7.46%有利子負債／自己資本比率154.4%BVI の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.2%現在の配当利回り81%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/05 21:23終値2026/08/05 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bureau Veritas SA 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。32 アナリスト機関Paul Daniel SullivanBarclaysJames RosenthalBarclaysJames Rowland ClarkBarclays29 その他のアナリストを表示
ナラティブ更新 • Aug 01BVI: LEAP 28 Portfolio Shift And Margin Focus Will Drive Medium Term UpsideBureau Veritas sees its analyst price target referenced around €31.44, with the latest revision in this valuation update supported by analysts citing adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent research on Bureau Veritas offers a mix of optimism and caution around the stock's execution and valuation.
Reported Earnings • Jul 31First half 2026 earnings released: EPS: €0.54 (vs €0.72 in 1H 2025)First half 2026 results: EPS: €0.54 (down from €0.72 in 1H 2025). Revenue: €3.36b (up 2.0% from 1H 2025). Net income: €237.9m (down 26% from 1H 2025). Profit margin: 7.1% (down from 9.8% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.
ライブニュース • Jul 29Bureau Veritas Plans Exits From Several Divisions and Lifts 2026 Growth GuidanceBureau Veritas outlined further steps in its LEAP | 28 plan, including exiting Oil & Petrochemicals and Coal testing and inspection and Government Services, while pursuing acquisitions in areas the group describes as higher growth and higher margin, and it lifted its full-year 2026 guidance to target mid to high single-digit organic revenue growth. Management links these portfolio changes to ongoing efforts to reshape the business mix, with steady organic revenue growth in the first half of 2026 and continued margin expansion cited as support for the upgraded guidance. The stock trades around €29.27, with the share price up about 9.1% year to date. The read-through is that Bureau Veritas is concentrating capital and management attention on what it views as stronger business lines, while accepting execution risk from exits and integrations over the next few years.
お知らせ • Jul 29Bureau Veritas Sa Announces Executive AppointmentsBureau Veritas announces new strategic appointments within the Executive Committee to support the continued delivery of its LEAP | 28 ambitions, effective in July 2026: Marios Broustas, a seasoned M&A expert with 30 years of investment banking and corporate strategy experience in the United States and Europe, is appointed as Executive Vice-President, Corporate Development. He succeeds Juliano Cardoso, who is retiring after 28 years at Bureau Veritas. Khurram Majeedis appointed Chief Commercial Officer while retaining his position as Executive Vice-President, Middle East, Caspian & Africa Region, a role he has held since 2024. In this new position, he will drive the performance of Bureau Veritas’ Sales & Marketing function across all regions and product lines. Noor Sait is appointed as Chief Performance Officer. He will lead operational excellence, technical integrity, quality, health, safety and environment, and corporate social responsibility teams, as well as all LEAP | 28 performance programs globally. He joined Bureau Veritas in 2025 as Middle East, Caspian & Africa Industry and Operational Excellence and Performance Vice-President.
ライブニュース • Jul 01Bureau Veritas Agrees to Sell Oil and Coal Testing Units to Triton PartnersBureau Veritas has agreed to sell its Oil & Petrochemicals and Coal Testing and Inspection business to Triton Partners as part of its LEAP | 28 portfolio rotation strategy, with completion targeted by the end of the first quarter of 2027, subject to customary conditions. The divestment is presented as a way to tilt Bureau Veritas’ portfolio toward businesses with higher growth and higher margins, and is described as a significant milestone within its plan to rotate roughly 20% of the portfolio under LEAP | 28. The stock trades at €26.78, with a 4.0% gain over the past week, providing context for how the market has recently priced Bureau Veritas during this phase of portfolio reshaping. This sale concentrates Bureau Veritas more firmly in areas it describes as higher growth and margin, while also reducing exposure to traditional oil, petrochemicals and coal activities, which may change its risk mix and earnings profile over time.
ナラティブ更新 • Jun 24BVI: AI Compliance And Partnered Safety Services Will Support Medium Term UpsideThe analyst price target for Bureau Veritas has been trimmed by roughly €0.26 as analysts factor in slightly lower fair value, a small adjustment to the discount rate, and marginally softer assumptions for revenue growth, profit margin and future P/E multiples following recent mixed research updates. Analyst Commentary Recent research on Bureau Veritas reflects a mixed but engaged view from major banks, with several price target revisions and one rating upgrade highlighting different opinions on valuation, growth assumptions and execution risk.
ナラティブ更新 • Aug 01BVI: LEAP 28 Portfolio Shift And Margin Focus Will Drive Medium Term UpsideBureau Veritas sees its analyst price target referenced around €31.44, with the latest revision in this valuation update supported by analysts citing adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent research on Bureau Veritas offers a mix of optimism and caution around the stock's execution and valuation.
Reported Earnings • Jul 31First half 2026 earnings released: EPS: €0.54 (vs €0.72 in 1H 2025)First half 2026 results: EPS: €0.54 (down from €0.72 in 1H 2025). Revenue: €3.36b (up 2.0% from 1H 2025). Net income: €237.9m (down 26% from 1H 2025). Profit margin: 7.1% (down from 9.8% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.
ライブニュース • Jul 29Bureau Veritas Plans Exits From Several Divisions and Lifts 2026 Growth GuidanceBureau Veritas outlined further steps in its LEAP | 28 plan, including exiting Oil & Petrochemicals and Coal testing and inspection and Government Services, while pursuing acquisitions in areas the group describes as higher growth and higher margin, and it lifted its full-year 2026 guidance to target mid to high single-digit organic revenue growth. Management links these portfolio changes to ongoing efforts to reshape the business mix, with steady organic revenue growth in the first half of 2026 and continued margin expansion cited as support for the upgraded guidance. The stock trades around €29.27, with the share price up about 9.1% year to date. The read-through is that Bureau Veritas is concentrating capital and management attention on what it views as stronger business lines, while accepting execution risk from exits and integrations over the next few years.
お知らせ • Jul 29Bureau Veritas Sa Announces Executive AppointmentsBureau Veritas announces new strategic appointments within the Executive Committee to support the continued delivery of its LEAP | 28 ambitions, effective in July 2026: Marios Broustas, a seasoned M&A expert with 30 years of investment banking and corporate strategy experience in the United States and Europe, is appointed as Executive Vice-President, Corporate Development. He succeeds Juliano Cardoso, who is retiring after 28 years at Bureau Veritas. Khurram Majeedis appointed Chief Commercial Officer while retaining his position as Executive Vice-President, Middle East, Caspian & Africa Region, a role he has held since 2024. In this new position, he will drive the performance of Bureau Veritas’ Sales & Marketing function across all regions and product lines. Noor Sait is appointed as Chief Performance Officer. He will lead operational excellence, technical integrity, quality, health, safety and environment, and corporate social responsibility teams, as well as all LEAP | 28 performance programs globally. He joined Bureau Veritas in 2025 as Middle East, Caspian & Africa Industry and Operational Excellence and Performance Vice-President.
ライブニュース • Jul 01Bureau Veritas Agrees to Sell Oil and Coal Testing Units to Triton PartnersBureau Veritas has agreed to sell its Oil & Petrochemicals and Coal Testing and Inspection business to Triton Partners as part of its LEAP | 28 portfolio rotation strategy, with completion targeted by the end of the first quarter of 2027, subject to customary conditions. The divestment is presented as a way to tilt Bureau Veritas’ portfolio toward businesses with higher growth and higher margins, and is described as a significant milestone within its plan to rotate roughly 20% of the portfolio under LEAP | 28. The stock trades at €26.78, with a 4.0% gain over the past week, providing context for how the market has recently priced Bureau Veritas during this phase of portfolio reshaping. This sale concentrates Bureau Veritas more firmly in areas it describes as higher growth and margin, while also reducing exposure to traditional oil, petrochemicals and coal activities, which may change its risk mix and earnings profile over time.
ナラティブ更新 • Jun 24BVI: AI Compliance And Partnered Safety Services Will Support Medium Term UpsideThe analyst price target for Bureau Veritas has been trimmed by roughly €0.26 as analysts factor in slightly lower fair value, a small adjustment to the discount rate, and marginally softer assumptions for revenue growth, profit margin and future P/E multiples following recent mixed research updates. Analyst Commentary Recent research on Bureau Veritas reflects a mixed but engaged view from major banks, with several price target revisions and one rating upgrade highlighting different opinions on valuation, growth assumptions and execution risk.
ナラティブ更新 • Jun 08BVI: AI Compliance Audit Rollout Will Support Medium Term UpsideNarrative Update Overview The updated analyst price target for Bureau Veritas nudges slightly lower to €31.73 from €32.03, reflecting modestly softer assumptions on revenue growth, profit margins and future P/E, alongside recent price target trims and list removal, even though some analysts have turned more positive on the stock. Analyst Commentary Recent Street research on Bureau Veritas shows a mix of optimism and caution, with several price target cuts offset by at least one upgrade and some list rebalancing.
お知らせ • May 21+ 1 more updateBureau Veritas Sa Approves Cash Dividend for the Financial Year Ended December 31, 2025, Payable on May 28, 2026Bureau Veritas Sa at its Combine Shareholder Meeting held on May 19, 2026, approved Cash Dividend of €0.92 per share for the Financial Year Ended December 31, 2025, Payable on May 28, 2026. Ex-date on May 26, 2026 on positions closed on May 27, 2026.
Upcoming Dividend • May 19Upcoming dividend of €0.92 per shareEligible shareholders must have bought the stock before 26 May 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (4.0%).
ナラティブ更新 • May 13BVI: AI Compliance Launch Will Support Medium Term Organic UpsideAnalysts now estimate Bureau Veritas' fair value at about €32.03, slightly lower than the previous estimate of approximately €32.59. This adjustment reflects recent price target reductions from several banks and differing opinions following the stock's addition to, and subsequent removal from, Goldman Sachs' European Conviction List.
ナラティブ更新 • Apr 23BVI: Conviction List Inclusion Will Support Medium Term Organic UpsideAnalysts have trimmed their fair value estimate for Bureau Veritas to about €32.60 per share, a reduction of roughly €0.76. This reflects a slightly higher discount rate and profit margin assumptions that are a bit lower, while still pointing to sector leading organic growth and recent price target support around €32.60.
お知らせ • Apr 07Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire LotusWorks Ltd. for enterprise value of approximately €380 million.Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire LotusWorks Ltd. for enterprise value of approximately €380 million on April 6, 2026. The transaction, representing an enterprise value of €375 million, will be financed via existing and recently negotiated credit lines. This implies a 2026e EV/EBITA multiple of 15x. The agreement includes an earn-out mechanism should the business outperform its plan. In calendar year 2025, LotusWorks generated €131 million in revenue. The transaction is expected to close by summer 2026, subject to customary regulatory approvals. The acquisition will enhance Bureau Veritas’ organic growth and will be accretive to the Bureau Veritas’ Adjusted Operating Margin.
お知らせ • Apr 01Bureau Veritas Launches An Independent AI Assessment Offering For European EnterprisesBureau Veritas announces the launch of an AI systems audit to help European enterprises assess and demonstrate their compliance with the European Union's AI Act regulatory requirements. This offering combines on-site audits, document analysis, and direct testing to deliver an independent maturity report. Since the EU's AI regulation came into force in 2024, companies have faced major implementation challenges. According to a recent report, 68% of them struggle to interpret the provisions of the text, while 60% have yet to put in place the governance needed to comply. Non-compliance can cost them up to 7% of annual revenue. Bureau Veritas has developed this new audit offering to help companies identify their compliance gaps and remedy them. Bureau Veritas's new audit offering comprises a pre-audit, document review, on-site audit, and direct testing, resulting in an independent report on the client's AI maturity. This assessment is built on eight standardized pillars covering the full spectrum of risks: security, robustness, data privacy, governance, fairness, explainability, controllability, and transparency. To develop this offering, Bureau Veritas relies on AWS AI Risk Intelligence (AIRI), the automated governance solution developed by the AWS Generative AI Innovation Center, a global team of AWS experts who help companies design, develop, and deploy AI solutions. AIRI enables automation of document review and direct testing, thus reducing audit cycles from several weeks to just a few days. Bureau Veritas has adapted this tool to its audit processes to meet the specific needs of its auditors. With this new offering, they have clear indicators enabling them to quickly and precisely identify vulnerabilities in AI systems, transform abstract governance concepts into measurable and actionable information, and formulate remediation recommendations to help companies achieve compliance. The offering targets large enterprises and mid-sized companies in Europe. Deployment will begin in the second quarter of 2026 in several key markets: France, United Kingdom, Spain, Italy, the Netherlands and Nordic countries. In the United Kingdom, the offering relies on international standards, notably ISO, applicable independently of the European regulatory framework. Bureau Veritas plans to deploy this offering beyond Europe and adapt AIRI to integrate other regulatory frameworks and international standards related to AI.
Reported Earnings • Apr 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.32 (up from €1.27 in FY 2024). Revenue: €6.68b (up 3.7% from FY 2024). Net income: €588.0m (up 3.3% from FY 2024). Profit margin: 8.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.32 (up from €1.27 in FY 2024). Revenue: €6.68b (up 3.7% from FY 2024). Net income: €588.0m (up 3.3% from FY 2024). Profit margin: 8.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 26Bureau Veritas SA, Annual General Meeting, May 19, 2026Bureau Veritas SA, Annual General Meeting, May 19, 2026. Location: tour alto 4 place des saisons, courbevoie France
お知らせ • Feb 25+ 1 more updateBureau Veritas SA (ENXTPA:BVI) announces an Equity Buyback for €200 million worth of its shares.Bureau Veritas SA (ENXTPA:BVI) announces a share repurchase program. Under the program, the company will repurchase €200 million worth of its shares. The program will be completed within the next twelve months. The program is subject to approval by the Annual General Meeting of May 19, 2026 if any or all is to be executed after that date.
ナラティブ更新 • Feb 19BVI: EcoVadis Partnership Will Support Medium Term Supply Chain UpsideAnalysts have kept their €33.35 price target for Bureau Veritas broadly unchanged, as only small tweaks to the discount rate, revenue growth, profit margin and future P/E inputs did not materially shift their valuation view. What's in the News Bureau Veritas plans an Analyst and Investor Day focused on updating its LEAP | 28 strategy, giving investors more detail on medium term priorities and execution plans (Key Developments).
ナラティブ更新 • Feb 05BVI: EcoVadis Partnership Will Support Medium Term Supply Chain ResilienceAnalysts have trimmed their price target on Bureau Veritas to €33.35 from €33.93, reflecting slightly higher discount rate assumptions and more cautious revenue growth expectations. This is partly balanced by a modestly stronger projected profit margin and a small adjustment in future P/E estimates.
お知らせ • Jan 24Bureau Veritas SA (ENXTPA:BVI) acquired Spin 360 Srl.Bureau Veritas SA (ENXTPA:BVI) acquired Spin 360 Srl on January 23, 2026. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Spin 360 Srl on January 23, 2026.
分析記事 • Jan 03Do Bureau Veritas' (EPA:BVI) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Dec 16Bureau Veritas Announces Board and Committee Changes, Effective December 13, 2025Bureau Veritas announced that the Board of Directors, under the chairmanship of Mr. Laurent Mignon, has appointed Mr. Geoffroy Roux de Bézieux as Lead Independent Director, Chairman of the Nomination & Compensation Committee, and Vice-Chairman of the Company’s Board of Directors, replacing Mr. Pascal Lebard who no longer qualifies as independent after twelve years of directorship. The Board of Directors of Bureau Veritas, which met on October 22, 2025, decided, upon recommendation of the Nomination & Compensation Committee, to appoint, with effect from December 13, 2025, Mr. Geoffroy Roux de Bézieux as Lead Independent Director, Chairman of the Nomination & Compensation Committee and Vice-Chairman of the Company's Board of Directors for the remainder of his term of office as director. Mr. Geoffroy Roux de Bézieux has been an independent director on the Board of Directors since 2023. Mr. Geoffroy Roux de Bézieux replaces Mr. Pascal Lebard, who would have completed twelve years of tenure on December 13, 2025 and will no longer be considered an independent director within the meaning of the AFEP/MEDEF recommendations. On the same day, upon recommendation of the Nomination & Compensation Committee, the Board of Directors made the following appointments within the Board Committees with effect from December 13, 2025: Appointment of Mr. Geoffroy Roux de Bézieux as member of the Audit and Risks Committee; Appointment of Ms. Julie Avrane as member of the Nomination & Compensation Committee. Mr. Pascal Lebard remains member of the Nomination & Compensation Committee, the Strategy Committee and the CSR Committee. The Board of Directors continues to be composed of 12 members.
お知らせ • Nov 17Bureau Veritas Appoints Santiago Arias Duval as Executive Vice-President for the Americas Region, Effective November 17, 2025Bureau Veritas announced the appointment of Santiago Arias Duval, effective November 17, 2025, as Executive Vice-President, Americas. This appointment is in line with Bureau Veritas’ new operating model effective since September 1, 2025. Santiago Arias Duval will report to Hinda Gharbi, Chief Executive Officer of Bureau Veritas, and joins the Group Executive Committee. Santiago Arias Duval served as Senior Vice President and General Manager of Precision Technologies at Ingersoll Rand. In this role, he was responsible for the overall strategy, operations, and commercial performance of a diverse set of businesses serving customers across multiple industries worldwide. Joining Ingersoll Rand in 2017, Santiago held a series of leadership roles of increasing responsibility, including General Manager of Industrial Pumps and Medical North America and Vice President and General Manager of the Vacuum & Liquid Handling, and Life Sciences businesses. Throughout his tenure, Santiago has consistently delivered above-market organic growth, executed multiple acquisitions, and driven significant EBITDA margin expansion through commercial excellence, operational efficiency, and disciplined portfolio management. Before joining Ingersoll Rand, Santiago held leadership positions at Danaher Corporation, where he served as Packaging Business Unit Leader for X-Rite and as a consultant within the Danaher Business System Office, supporting global operating companies on new product commercialization. Earlier in his career, he worked in product management at Fluke (Danaher) and in operations at General Motors. Santiago holds a Master of Business Administration from the Massachusetts Institute of Technology (MIT) and a Bachelor of Science in Electrical Engineering from the Georgia Institute of Technology.
分析記事 • Nov 09We Think Bureau Veritas (EPA:BVI) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Oct 24+ 1 more updateBureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire Solida Energias Renovables, S.L.Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire Solida Energias Renovables, S.L. on October 23, 2025. In a related transaction, Bureau Veritas signed an agreement to acquire London Building Control Limited. For the period ending December 31, 2024, Solida Energias Renovables, S.L. reported total revenue of €18 million. The transaction is expected to be closed in the next few weeks.
お知らせ • Oct 23Bureau Veritas SA Reaffirms Earnings Guidance for the Full Year 2025Bureau Veritas SA reaffirmed earnings guidance for the full year 2025. For the year, Based on the 9-month performance, leveraging a robust opportunities pipeline, a solid backlog, and mid-to-long-term strong market fundamentals, Bureau Veritas reaffirmed its outlook for the full year 2025: Mid-to-high single-digit organic revenue growth.
分析記事 • Sep 22Is Now The Time To Put Bureau Veritas (EPA:BVI) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
New Risk • Sep 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (28% increase in shares outstanding).
Reported Earnings • Jul 27First half 2025 earnings released: EPS: €0.72 (vs €0.52 in 1H 2024)First half 2025 results: EPS: €0.72 (up from €0.52 in 1H 2024). Revenue: €3.29b (up 5.7% from 1H 2024). Net income: €322.3m (up 38% from 1H 2024). Profit margin: 9.8% (up from 7.5% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 25+ 4 more updatesBureau Veritas SA to Report Fiscal Year 2025 Results on Feb 25, 2026Bureau Veritas SA announced that they will report fiscal year 2025 results Pre-Market on Feb 25, 2026
お知らせ • Jul 03Bureau Veritas SA (ENXTPA:BVI) acquired remaining unknown minority stake in Secura B.V.Bureau Veritas SA (ENXTPA:BVI) acquired remaining unknown minority stake in Secura B.V. recently. Secura will become Bureau Veritas Cybersecurity effective July 1, 2025.
Upcoming Dividend • Jun 24Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 01 July 2025. Payment date: 03 July 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (3.8%).
お知らせ • Jun 20+ 1 more updateBureau Veritas SA Approves Dividend Distribution for the Financial Year Ended December 31, 2024, Payable on July 3, 2025Bureau Veritas SA at its Combined Shareholders' Meeting held on June 19, 2025, approved dividend distribution of EUR 0.90 per share to be paid in cash on July 3, 2025 (ex-date on July 1, 2025) on positions closed on July 2, 2025 for the financial year ended December 31, 2024.
お知らせ • May 06Bureau Veritas SA, Annual General Meeting, Jun 19, 2025Bureau Veritas SA, Annual General Meeting, Jun 19, 2025. Location: immeuble newtime 40 52 boulevard du parc, neuilly sur seine France
お知らせ • Apr 25Bureau Veritas SA Reaffirms Earnings Guidance for 2025Bureau Veritas SA reaffirms earnings guidance for 2025. While customers are navigating an uncertain period, the Group has a robust opportunities pipeline, a solid backlog, and mid-to-long-term strong market fundamentals. Therefore, the company keeps its outlook unchanged, and expects to deliver for the full year 2025: Mid-to-high single-digit organic revenue growth.
Buy Or Sell Opportunity • Apr 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €24.74. The fair value is estimated to be €31.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 8.5%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.
お知らせ • Apr 08Bureau Veritas SA Announces Appointment of Stefano Colonna as the New Head of Passenger Ships and Yachts for the North American RegionBureau Veritas SA announced the appointment of Stefano Colonna as the new Head of Passenger Ships and Yachts for the North American region, during Seatrade Cruise Global 2025. With more than 30 years of leadership experience in the passenger ships and yachting industries, Stefano has held prominent roles, including Vice President of Service for North and South America at NAVIM Group, overseeing Quality Assurance and Certifications, Director of Marine Safety Operations at Carnival Cruise Line and Director of Technical Safety Operations at The Walt Disney Company. Specializing in new builds, capital project management, technical safety operations, and regulatory compliance, Stefano has successfully overseen the management and operational safety of multi-billion-dollar fleets, including cruise ships, luxury yachts, and passenger vessels, ensuring they meet the highest standards of safety, quality, and efficiency. Stefano's expertise in shipboard systems, regulatory compliance, and risk management was pivotal in executing complex projects such as Safe Return to Port certification, major vessel refurbishments, and fleet-wide safety enhancements. As Head of Passenger Ships and Yachts, North American, Stefano will be responsible for continuing to strengthen BV's presence within the cruise and yachting sector. Leading on initiatives to enhance vessel classification, safety, and regulatory compliance, ensuring that passenger ships and yachts operate at the forefront of innovation, sustainability, and safety standards.
Reported Earnings • Mar 28Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.27 (up from €1.11 in FY 2023). Revenue: €6.44b (up 6.4% from FY 2023). Net income: €569.4m (up 13% from FY 2023). Profit margin: 8.8% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Mar 18Bureau Veritas SA (ENXTPA:BVI) acquired GEO Assay Group.Bureau Veritas SA (ENXTPA:BVI) acquired GEO Assay Group on March 17, 2025. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of GEO Assay Group on March 17, 2025.
新しいナラティブ • Mar 02Expansion Into Renewables And Cybersecurity Will Strengthen Market Leadership Bureau Veritas aims for growth via organic expansion in high-demand sectors and an accelerated M&A strategy, boosting revenue and market share.
Declared Dividend • Feb 28Dividend increased to €0.90Dividend of €0.90 is 8.4% higher than last year. Ex-date: 1st July 2025 Payment date: 3rd July 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 26Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.27 (up from €1.11 in FY 2023). Revenue: €6.44b (up 9.8% from FY 2023). Net income: €569.4m (up 13% from FY 2023). Profit margin: 8.8% (up from 8.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Feb 25+ 1 more updateBureau Veritas Provides Earnings Guidance for 2025Bureau Veritas provided earnings guidance for 2025. It expects to deliver for the full year 2025: Mid-to-high single-digit organic revenue growth.
お知らせ • Jan 28SGS, Bureau Veritas End Merger TalksBureau Veritas SA (EPA:BVI) and Swiss peer SGS SA (SWX:SGSN) have discontinued their discussions about a potential business combination, the two firms said. The companies disclosed earlier in January that they were in talks over a potential tie-up. According to a report by Bloomberg, the move would create an entity with a combined market capitalisation of about $33 billion (EUR 31.5 billion). The discussions, however, have not resulted in an agreement and have ended, SGS said. The Swiss company will remain focused on its strategic goals to speed up growth and deliver superior value to its shareholders, it added. Bureau Veritas said in a separate statement that it also remains committed to its strategy. The French company aims at revenue growth of a high single-digit percentage, including a mid-to-high single-digit organic rise. Bureau Veritas also targets consistent adjusted operating margin improvement, double-digit shareholder returns and dividend yield.
お知らせ • Jan 21Bureau Veritas SA (ENXTPA:BVI) agreed to acquire Contec Aqs Ambiente Qualita' Sicurezza Srl.Bureau Veritas SA (ENXTPA:BVI) agreed to acquire Contec Aqs Ambiente Qualita' Sicurezza Srl on January 20, 2025. In this transaction, Bureau Veritas will acquire Contec AQS and its two owned subsidiaries Exenet and PMPI. The transaction is subject to customary closing conditions, including regulatory clearance. The transaction is expected to be closed by the end of March 2025.
お知らせ • Jan 15SGS Reportedly In Talks to Combine with Bureau VeritasSGS SA (SWX:SGSN) is in advanced talks to combine with Bureau Veritas SA (ENXTPA:BVI), people with knowledge of the matter said, in a deal that would create a European testing and certification company with a combined market value of almost $35 billion. Geneva-based SGS and France’s Bureau Veritas are working on the final details of a transaction that could be announced in the coming weeks, the people said, asking not to be identified discussing confidential information.
お知らせ • Dec 03Bureau Veritas SA (ENXTPA:BVI) acquired Lbs Luxury Brands Services S.R.L.Bureau Veritas SA (ENXTPA:BVI) acquired Lbs Luxury Brands Services S.R.L. on December 3, 2024. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Lbs Luxury Brands Services S.R.L. on December 3, 2024.
お知らせ • Nov 12Bureau Veritas SA (ENXTPA:BVI) acquired Versatec Energy B.v..Bureau Veritas SA (ENXTPA:BVI) acquired Versatec Energy B.v. on November 12, 2024. For the period ending December 31, 2023, Versatec Energy B.v. reported total revenue of €4.2 million. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Versatec Energy B.v. on November 12, 2024.
お知らせ • Nov 06Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire APP Corporation Pty Limited.Bureau Veritas SA (ENXTPA:BVI) signed an agreement to acquire APP Corporation Pty Limited on November 4, 2024. For the period ending December 31, 2023, APP Corporation Pty Limited reported total revenue of €87 million. The transaction is subject to regulatory approval and is expected to be closed by year end. Moelis Australia Securities Pty Ltd. acted as financial advisor to Five V Capital on the divestment of APP corporation.
お知らせ • Oct 24Bureau Veritas SA (ENXTPA:BVI) acquired Aligned Incentives, LLC.Bureau Veritas SA (ENXTPA:BVI) acquired Aligned Incentives, LLC on October 23, 2024. For 2023, Aligned Incentives, LLC reported total revenue of €3.5 million. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Aligned Incentives, LLC on October 23, 2024.
お知らせ • Oct 07Bureau Veritas SA (ENXTPA:BVI) acquired Idp Ingenieria Y Arquitectura Iberia, SLU from Nazca Capital, SGEIC, S.A. and Fondo Nazca V, FCR.Bureau Veritas SA (ENXTPA:BVI) acquired Idp Ingenieria Y Arquitectura Iberia, SLU from Nazca Capital, SGEIC, S.A. and Fondo Nazca V, FCR on October 7, 2024. Bureau Veritas SA (ENXTPA:BVI) completed the acquisition of Idp Ingenieria Y Arquitectura Iberia, SLU from Nazca Capital, SGEIC, S.A. and Fondo Nazca V, FCR on October 7, 2024.
Reported Earnings • Jul 28First half 2024 earnings released: EPS: €0.52 (vs €0.51 in 1H 2023)First half 2024 results: EPS: €0.52 (up from €0.51 in 1H 2023). Revenue: €3.12b (up 4.2% from 1H 2023). Net income: €234.3m (flat on 1H 2023). Profit margin: 7.5% (down from 7.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in France. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 26+ 1 more updateBureau Veritas Appoints Maria Lorente Fraguas as Executive Vice President and Chief People Officer, Effective October 1st, 2024Bureau Veritas announced the appointment of Maria Lorente Fraguas as Executive Vice President and Chief People Officer, effective October 1st, 2024. As Bureau Veritas embarks on a new journey with the recent launch of its strategy LEAP I 28, this appointment will play a key role in evolving the Group’s people model, ensuring the development of new strategic skills, and developing new ways of working through tech augmentation. Maria brings a track record of global Human Resources leadership experience to the Group, with a particular focus on talent development, transformation, diversity, and inclusion. Previously Maria was Chief Human Resources Officer and Corporate Social Responsibility and a member of the Executive Committee of Nexans. Maria Lorente Fraguas will report to Hinda Gharbi, Chief Executive Officer, and will be a member of the Group Executive Committee. She replaces Kathryn Dolan who decided to pursue career opportunities outside Bureau Veritas. Maria Lorente Fraguas will join Bureau Veritas from Nexans, where she holds the position of Senior Corporate Vice President, Chief Human Resources Officer, and Corporate Social Responsibility and is a member of the Executive Committee. She has over 20 years of experience in leading international teams around the world and in a wide range of positions, including Operations, New Product Development, Transformation and Human Resources. She is an advocate for talent development, inclusion and diversity and has integrated this passion in the way she leads diverse teams around the world. Prior to Nexans, Maria worked in SLB, where she managed international teams in senior HR, functional, and line roles around the world. She worked in eight different countries across Europe, the Middle East, Latin America and North America, and most recently served as the Director of Human Resources – Production Systems. She holds a master’s degree in industrial and electrical engineering from the Universidad Politécnica de Valencia in Spain and École Supérieure d’Électricité in France.
お知らせ • Jul 04+ 1 more updateBureau Veritas SA to Report Fiscal Year 2024 Results on Feb 25, 2025Bureau Veritas SA announced that they will report fiscal year 2024 results Pre-Market on Feb 25, 2025
お知らせ • Jun 21+ 1 more updateBureau Veritas SA Approves Dividend Distribution, Payable on July 4, 2024Bureau Veritas SA in its Ordinary Shareholders’ Meeting of June 20, 2024 approved the dividend distribution of €0.83 per share to be paid in cash on July 4, 2024 (ex-date on July 2, 2024) on positions closed on July 3, 2024.
お知らせ • Apr 26Bureau Veritas SA Provides Earnings Guidance for the Full Year 2024Bureau Veritas SA provided earnings guidance for the full year 2024. For the year, company expects to deliver Mid-to-high single-digit organic revenue growth.
お知らせ • Apr 05Bureau Veritas SA (ENXTPA:BVI) commences an Equity Buyback Plan for 45,244,445 shares, representing 10% for €2,039 million, under the authorization approved on June 22, 2023.Bureau Veritas SA (ENXTPA:BVI) commences share repurchases on April 3, 2024, under the program mandated by the shareholders in the Annual General Meeting held on June 22, 2023. As per the mandate, the company is authorized to repurchase up to 45,244,445 shares, representing 10% of its share capital for €2,039 million, such that its holdings at any time shall not exceed 10% of the issued share capital. The maximum price at which the shares will be repurchased is €45 per share. The purpose of the repurchase program is to ensure the liquidity of and make a market in the company’s shares via an investment services provider acting independently and in the name and on behalf of the company and to implement any company stock option plan under the provisions of articles L. 225-177 et seq. and L. 22-10-56 et seq. of the Commercial Code or any similar plan, any allocation or transfer of shares to employees as part of their participation, share transfer to employees as part of a profit-sharing plan or any company or group savings plan under and to deliver shares in the event of the issue or exercise of rights attached to securities giving immediate and/or future access to the company’s share capital by reimbursement, conversion, exchange, presentation of a voucher or any other manner, and/or to hold and subsequently deliver shares in connection with external growth transactions, mergers, spin-offs or contributions, it being specified that in such a case, the shares acquired for this purpose may not exceed 5% of the company’s share capital at any time, and to cancel all or a part of the acquired ordinary shares, and to implement any market practice that is or may be allowed by the market authorities, and/or to carry out transactions for any other purpose that is or may be authorized by applicable laws or regulations. The share repurchase program is valid for 18 months. As of December 31, 2022, the company had 452,444,454 issued shares.
