Paris, France, December 6, 2017 – Bureau Veritas is hosting on December 7 and 8 its Investor Days. The morning of December 7 will be broadcast live via the Group’s website.
Key Highlights:
· 2017 Outlook confirmed and BV 2020 Ambition reaffirmed
· Strategy execution well underway, already delivering positive results
· c.40% of 2020 external growth ambition achieved
· Digital transformation accelerating
Didier Michaud-Daniel, Chief Executive Officer, commented:
“The execution of the 2020 Strategic Plan is now well underway and delivering tangible benefits. The 5 Growth Initiatives launched to boost the development of the Group in Building & Infrastructure, OPEX, Agri-Food, Automotive and SmartWorld are posting high single-digit growth and the base business is now on its way of stabilizing after challenging market downturns.
Bureau Veritas’ mission to support its clients in building trust, ensuring compliance and transparency now takes a new dimension to deal with the new risks and opportunities of the digitalization of the economy.
We are leading the way in the digital TIC[1] transformation to bring to our clients cutting edge technologies in many areas such as inspection, predictive maintenance, data privacy, and cybersecurity.
Our accelerating growth momentum reinforces our confidence in our ability to achieve BV 2017 guidance and 2020 Ambition: reaching 5% to 7% of organic growth by 2020, increasing the adjusted operating margin to over 17% and generating strong cash flow”.
[1] Testing, Inspection, and Certification