Corporate

Bureau Veritas 2015 Full Year Results

02.25.16

Neuilly-sur-Seine, France, February 25, 2016

Revenue of €4.6 billion, +11.1% versus 2014

- Organic growth of 1.9%
- Slowdown in activities exposed to the drop in oil prices: -10%
- Solid growth in the rest of the portfolio: +4%

- External growth of 3.7%: nine targeted acquisitions
- Positive currency impact of 5.5%

Adjusted operating margin of 16.7%, up 10 basis points versus 2014

- Positive contribution of the operational excellence program
- Favorable currency changes offsetting the oil & gas impact 

Exceptional charges amounting to €121 million

- Proactive restructuring in the Americas and in Australia
- Asset impairment in the Commodities business

Record high operating cash-flow generation of €706 million, +16.4%

Adjusted net profit of €420 million, representing €0.96 per share, +6.7% 

Increased proposed dividend of €0.51, +6.3%