Bureau Veritas SA reports Q3 results

Published 2 weeks ago Positive
Bureau Veritas SA reports Q3 results
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* Bureau Veritas SA press release [https://seekingalpha.com/pr/20276630-bureau-veritas-robust-and-consistent-revenue-performance-delivered-in-q3-2025-fy-2025-outlook] (OTCPK:BVRDF [https://seekingalpha.com/symbol/BVRDF]): Q3 Revenue of EUR1.58M.
* Acceleration of M&A programs with two transactions signed in October for a total annualized revenue of c. EUR 32 million in line with the LEAP | 28 portfolio strategy: the first one to expand leadership in the B&I division in Europe, and the second to create new strongholds in the Renewables space. Eight acquisitions signed or closed year-to-date adding EUR 92 million of annualized revenue› Completion of a EUR 700 million bond issuance carrying a coupon of 3.375% with maturity in October 2033, and rated A3 by Moody’s.
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2025 Outlook confirmed

Based on the 9-month performance, leveraging a robust opportunities pipeline, a solid backlog, and mid-to-long-term strong market fundamentals, Bureau Veritas reaffirms its outlook for the full year 2025:

› Mid-to-high single-digit organic revenue growth,› Improvement in adjusted operating margin at constant exchange rates,› Strong cash flow, with a cash conversion2 above 90%.

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