Bureau Veritas: Berenberg sees positive surprises in 2025

(CercleFinance.com) - Berenberg on Tuesday renewed its buy recommendation and price target of 37 euros on Bureau Veritas shares, 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 earnings per share (EPS) expected to rise to 10%.

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

According to the professional, the industrial product certification business should be one of the most dynamic activities this year.

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