Bureau Veritas: adjusted net income up 15% in 2018
(CercleFinance.com) - Bureau Veritas has announced 2018 adjusted net profit of 417 million euros (0.
96 euro per share), up 15.3% at constant exchange rates, and will propose a dividend of 0.56 euro per share, payable in cash or in shares.
Adjusted operating profit amounted to 758 million euros, up 8.4% at constant exchange rates, meaning a margin of 15.8% (16.1% in organic terms) for net sales. 4,796 million euros, up 7% at constant currencies.
For 2019, the inspection and certification services group expects strong organic sales growth and a steady improvement in its adjusted operating margin at constant currencies.
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96 euro per share), up 15.3% at constant exchange rates, and will propose a dividend of 0.56 euro per share, payable in cash or in shares.
Adjusted operating profit amounted to 758 million euros, up 8.4% at constant exchange rates, meaning a margin of 15.8% (16.1% in organic terms) for net sales. 4,796 million euros, up 7% at constant currencies.
For 2019, the inspection and certification services group expects strong organic sales growth and a steady improvement in its adjusted operating margin at constant currencies.
Copyright (c) 2019 CercleFinance.com. All rights reserved.