Bureau Veritas: growth target raised for 2024

(CercleFinance.com) - Bureau Veritas now forecasts 'high-single-digit' organic sales growth (instead of 'moderate to high-single-digit') for 2024 as a whole, while continuing to improve its adjusted operating margin at constant exchange rates.


It reports adjusted net income up 4.3% to E288.3m for H1 2024, with an adjusted operating margin of 15% (+29bp on an organic basis), on sales up 4% at E3.02bn.

On an organic basis, the inspection and certification services group's H1 sales rose by 9.2%, including 10.4% in Q2, benefiting from solid underlying trends across all businesses and geographical areas.


Copyright (c) 2024 CercleFinance.com. All rights reserved.