Bureau Veritas First Half 2024 Earnings: EPS: €0.52 (vs €0.51 in 1H 2023)

Bureau Veritas (EPA:BVI) First Half 2024 Results

Key Financial Results

• 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.
• EPS: €0.52 (up from €0.51 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bureau Veritas Earnings Insights

Looking ahead, 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.

Performance of the French Professional Services industry.

The company's shares are up 10% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Bureau Veritas that you need to take into consideration.

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