Bureau Veritas: stable revenue at constant currencies in Q1 2016

May. 12 2016

Revenue of €1.06 billion in Q1 2016, +0.2% at constant currencies versus Q1 2015

Organic growth of -0.6% in Q1 2016

- Good performance in Europe and in resilient parts of the business, notably trade-related activities within Commodities, Certification and IVS

- Slowdown in Oil & Gas and upstream minerals

External growth of +0.8% 

- Four strategic acquisitions announced year to date supporting the Building & Infrastructure/Agri-Food/ Marine & Offshore growth initiatives 

Currency impact of -4.4%

- Depreciation of emerging countries’ currencies against the euro