Bureau Veritas: targets strong organic sales growth
(CercleFinance.com) - The group posted Q1 2019 sales of 1.
175 billion euros, up 6.8% compared to the previous year (+5.8% at constant exchange rates).
Management said that 5 of the Group's 6 businesses reported average organic growth of 4.5%, in particular with the agri-food & Raw Materials businesses at +7.8%, Consumer goods at +4.1% and Building & Infrastructure (B&I) at +3.0%.
For fiscal year 2019, the Group expects strong organic sales growth, a continued improvement in its adjusted operating margin at constant currencies, while continuing to report a high level of cash flow generation.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
175 billion euros, up 6.8% compared to the previous year (+5.8% at constant exchange rates).
Management said that 5 of the Group's 6 businesses reported average organic growth of 4.5%, in particular with the agri-food & Raw Materials businesses at +7.8%, Consumer goods at +4.1% and Building & Infrastructure (B&I) at +3.0%.
For fiscal year 2019, the Group expects strong organic sales growth, a continued improvement in its adjusted operating margin at constant currencies, while continuing to report a high level of cash flow generation.
Copyright (c) 2019 CercleFinance.com. All rights reserved.