New Risk • Jun 26
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Apr 24
Fugro N.V. to Report First Half, 2026 Results on Jul 31, 2026 Fugro N.V. announced that they will report first half, 2026 results on Jul 31, 2026 Announcement • Mar 24
Fugro N.V. announces Annual dividend, payable on May 22, 2026 Fugro N.V. announced Annual dividend of EUR 0.1500 per share payable on May 22, 2026, ex-date on April 27, 2026 and record date on April 28, 2026. Announcement • Sep 24
Fugro N.V. Withdraw Its Financial Guidance for the Full Year 2025 Fugro N.V. withdraw its financial guidance for the full year 2025. For the period, the company withdraw its financial guidance for the full year 2025, and this is following significant changes in the market conditions, specifically focused on what has happened over the last recent weeks. still expect a notable improvement in the second half of the year compared to the first half of the year, but the previously anticipated 20% revenue growth is no longer realistic. withdrawing the EBIT margin guidance for this year, which was 8% to 11%. So implicitly, that means that no longer expect to meet the low end of that range, so below the 8%. Announcement • Aug 02
Fugro N.V. to Report Fiscal Year 2025 Results on Feb 27, 2026 Fugro N.V. announced that they will report fiscal year 2025 results on Feb 27, 2026 Announcement • Mar 15
Fugro N.V. to Report Q3, 2025 Results on Oct 31, 2025 Fugro N.V. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Mar 14
Fugro N.V. announces Annual dividend, payable on May 23, 2025 Fugro N.V. announced Annual dividend of EUR 0.7500 per share payable on May 23, 2025, ex-date on April 28, 2025 and record date on April 29, 2025. Announcement • Mar 01
Fugro N.V., Annual General Meeting, Apr 24, 2025 Fugro N.V., Annual General Meeting, Apr 24, 2025. Announcement • Feb 06
Fugro N.V. (ENXTAM:FUR) acquired EOMAP GmbH & Co. KG. Fugro N.V. (ENXTAM:FUR) acquired EOMAP GmbH & Co. KG on February 5, 2025.
EOMAP GmbH & Co. KG recorded a revenue of around €5 million for 2024.
Fugro N.V. (ENXTAM:FUR) completed the acquisition of EOMAP GmbH & Co. KG on February 5, 2025. Announcement • Nov 20
Fugro N.V. (ENXTAM:FUR) announces an Equity Buyback for €50 million worth of its shares. Fugro N.V. (ENXTAM:FUR) announces a share repurchase program. Under the program, the company will repurchase up to €50 million worth of its shares. The purpose of the program is reduction of the company's share capital and offsetting dilution from the recently matured convertible bonds. The repurchased shares will be cancelled. The program will be valid till mid of January, 2025 or sooner if the maximum number of repurchased shares is reached earlier. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €17.68, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 142% over the past three years. Announcement • Nov 02
Fugro N.V. to Report Q1, 2025 Results on Apr 24, 2025 Fugro N.V. announced that they will report Q1, 2025 results on Apr 24, 2025 New Risk • Oct 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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 Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Announcement • Oct 10
Ventex Studio acquired Rovtech Solutions Ltd from Fugro N.V. (ENXTAM:FUR). Ventex Studio acquired Rovtech Solutions Ltd from Fugro N.V. (ENXTAM:FUR) on October 9, 2024.
Ventex Studio completed the acquisition of Rovtech Solutions Ltd from Fugro N.V. (ENXTAM:FUR) on October 9, 2024. Reported Earnings • Aug 04
First half 2024 earnings released: EPS: €1.00 (vs €0.63 in 1H 2023) First half 2024 results: EPS: €1.00 (up from €0.63 in 1H 2023). Revenue: €1.09b (up 7.1% from 1H 2023). Net income: €112.5m (up 63% from 1H 2023). Profit margin: 10% (up from 6.8% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Fugro N.V. to Report Fiscal Year 2024 Results on Feb 28, 2025 Fugro N.V. announced that they will report fiscal year 2024 results on Feb 28, 2025 Announcement • Jul 12
Fugro Announces Directorate Changes Fugro's Board of Management has appointed Luh Shyang Loo as Group Director for the Asia Pacific region and member of the Executive Leadership Team. Loo will take over responsibility for the region as from 1 October 2024. Loo has been an integral part of the Fugro family for over 25 years, taking on various key roles within the organisation. His journey began as an offshore surveyor, after which his skill and strong leadership propelled him through the ranks. Between 2007 and 2009, he served as a project manager in the Netherlands, swiftly advancing to Regional Manager, then Managing Director, and ultimately being promoted to Director for Northeast Asia. Loo holds a Bachelor's degree in Land Surveying from the Universiti Teknologi Malaysia and Master of Business Administration degree from the Open University of Malaysia. Loo succeeds Amar Umap, who has decided to leave Fugro to spend more time caring for his family. Recent Insider Transactions • Mar 18
Chairman of Management Board & CEO recently sold €712k worth of stock On the 13th of March, Mark Rembold Heine sold around 34k shares on-market at roughly €20.95 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark Rembold's only on-market trade for the last 12 months. New Risk • Mar 11
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 1.8% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: €2.25 (vs €0.70 in FY 2022) Full year 2023 results: EPS: €2.25 (up from €0.70 in FY 2022). Revenue: €2.19b (up 24% from FY 2022). Net income: €252.0m (up 240% from FY 2022). Profit margin: 12% (up from 4.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in Europe. Announcement • Mar 01
Fugro N.V. to Report Fiscal Year 2023 Final Results on Mar 07, 2024 Fugro N.V. announced that they will report fiscal year 2023 final results on Mar 07, 2024 Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €18.88, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 61% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €25.81 per share. Announcement • Nov 29
Fugro N.V. (ENXTAM:FUR) entered into a binding agreement to acquire remaining shares in Sea-Kit International Ltd. Fugro N.V. (ENXTAM:FUR) entered into a binding agreement to acquire remaining shares in Sea-Kit International Ltd on November 27, 2023. The transaction is expected to be completed before the end of 2023, subject to customary closing conditions. Reported Earnings • Jul 31
First half 2023 earnings released: EPS: €0.63 (vs €0.29 in 1H 2022) First half 2023 results: EPS: €0.63 (up from €0.29 in 1H 2022). Revenue: €1.02b (up 22% from 1H 2022). Net income: €68.9m (up 134% from 1H 2022). Profit margin: 6.8% (up from 3.5% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Germany. Recent Insider Transactions • Feb 28
Chairman of Management Board & CEO recently bought €123k worth of stock On the 23rd of February, Mark Rembold Heine bought around 10k shares on-market at roughly €12.28 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Mark Rembold's only on-market trade for the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: €0.70 (vs €0.59 in FY 2021) Full year 2022 results: EPS: €0.70 (up from €0.59 in FY 2021). Revenue: €1.77b (up 21% from FY 2021). Net income: €74.1m (up 24% from FY 2021). Profit margin: 4.2% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Europe. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 23% share price decline to €10.72, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Construction industry in Europe. Total returns to shareholders of 60% over the past year. Announcement • Nov 15
Fugro N.V. to Report First Half, 2023 Results on Jul 27, 2023 Fugro N.V. announced that they will report first half, 2023 results on Jul 27, 2023 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 19% share price gain to €13.14, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Construction industry in Europe. Total returns to shareholders of 76% over the past year. Reported Earnings • Jul 30
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €5.40m from profit in 1H 2021). Profit margin: (down from 0.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 9.8%, compared to a 9.2% growth forecast for the industry in Germany. Announcement • Jul 29
Fugro N.V. has completed a Follow-on Equity Offering in the amount of €116.089155 million. Fugro N.V. has completed a Follow-on Equity Offering in the amount of €116.089155 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,319,036
Price\Range: €11.25
Transaction Features: Subsequent Direct Listing Announcement • Jun 22
Fugro N.V.(ENXTAM:FUR) dropped from Netherlands ASCX AMS Small Cap Index Fugro N.V. has been dropped off from Netherlands ASCX AMS Small Cap Index. Reported Earnings • Feb 20
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €0.59 (up from €1.22 loss in FY 2020). Revenue: €1.46b (up 5.4% from FY 2020). Net income: €59.6m (up €133.6m from FY 2020). Profit margin: 4.1% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 4.6%, compared to a 10% growth forecast for the industry in Germany. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The 4 analysts covering Fugro previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €70.7m in 2022. Average annual earnings growth of 62% is required to achieve expected profit on schedule. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The 4 analysts covering Fugro expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €40.1m in 2021. Earnings growth of 63% is required to achieve expected profit on schedule. Recent Insider Transactions • Aug 05
Chairman of Management Board & CEO recently bought €80k worth of stock On the 3rd of August, Mark Rembold Heine bought around 10k shares on-market at roughly €7.95 per share. This was the largest purchase by an insider in the last 3 months. This was Mark Rembold's only on-market trade for the last 12 months.