Bureau Veritas: Berenberg sees pleasant surprises in 2025

(CercleFinance.com) - On Tuesday Berenberg renewed its buy recommendation on Bureau Veritas shares, with a TP of E37, believing that the certification specialist could deliver some pleasant surprises this year.


In a research note, the analyst says he expects the group to have completed an "exceptionally solid" financial year in 2024, with organic growth and EPS expected to rise to 10%.

At constant exchange rates, the broker expects Bureau Veritas to post faster earnings growth than its competitors this year, thanks to organic growth that should remain solid.

It says that the industrial product certification business should be one of the most dynamic activities this year.


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