Bureau Veritas: 2015 First Half Results 

Sep. 1 2015

Neuilly-sur-Seine, France, September 1, 2015

Revenue of EUR 2.32 billion, +17.9% vs last year (+9% at constant exchange rates)

- Solid organic growth of +3.6% driven by the diversified business portfolio, commercial initiatives and the rebound in Europe

- External growth of +5.4%

- Positive impact of +8.9% from the strengthening of most currencies vs the euro

Continued expansion in China with four acquisitions year-to-date, strategically positioned to benefit from structural growth drivers

Adjusted operating profit of EUR 370 million, +19.5% (+7.1% at constant exchange rates)

Improved adjusted operating margin to 16.0%, operational excellence initiatives and currencies more than offsetting the impact of challenging Oil & Gas market environment

Adjusted net profit of EUR 200 million, +12.8% vs last year

Operating cash flow of EUR 216 million, +22.9% vs last year

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