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Bureau Veritas SA (BVI.PA)

BVI.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bureau Veritas Aldo Cardoso appointed Chairman of Board
Thursday, 9 Mar 2017 01:49am EST 

Bureau Veritas : Aldo Cardoso appointed Chairman of Board - Frédéric Lemoine resumes his duties as Vice Chairman .Board of directors has decided to propose appointment of Ana Giros Calpe as a director.  Full Article

Bureau Veritas acquires Schutter Group
Thursday, 2 Mar 2017 11:49am EST 

Bureau Veritas SA : Acquires Schutter group as part of global agri-food strategy . Acquired company generated around 35 million euros ($36.8 million) in revenues in 2016 Further company coverage: [BVI.PA] ($1 = 0.9509 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Bureau Veritas FY revenue up at 4.55 billion euros
Friday, 24 Feb 2017 02:17am EST 

Bureau Veritas : FY revenue of 4.55 billion euros ($4.81 billion), up 1.4 percent at constant currency versus 2015 . FY adjusted net profit of 409 million euros (0.94 euros per share), up 3.7 percent at constant currency versus 2015 . FY net income of 319 million euros, up 34.2 percent at constant currency . FY adjusted operating profit 734.9 million euros versus 775.2 million euros year ago . Proposes dividend of 55 cents per share, up 7.8 percent versus 2015 . Says global macroeconomic environment is likely to remain volatile in 2017, with persistent weakness in oil & gas and shipping markets. . For 2017 expects organic revenue growth to be slightly positive with acceleration in H2 - and an adjusted operating margin of circa 16 percent .Expects its cash flow generation to improve compared to 2016.  Full Article

Bureau Veritas acquires Siemic
Friday, 20 Jan 2017 01:00am EST 

Bureau Veritas SA :Bureau Veritas acquires Siemic, a specialist in electronic equipment in Silicon Valley and Asia.  Full Article

Bureau Veritas acquires SIEMIC, a specialist in electronic equipment
Wednesday, 18 Jan 2017 11:48am EST 

Bureau Veritas :Acquires SIEMIC, a specialist in electronic equipment in Silicon Valley and Asia.  Full Article

Bureau Veritas acquires Kuhlmann Monitoramento Agricola Ltda in Brazil
Wednesday, 21 Dec 2016 01:30am EST 

Bureau Veritas : Bureau Veritas expands its agri-food business in Brazil by acquiring KMA . Completed the acquisition of Kuhlmann Monitoramento Agricola Ltda. (KMA), a brazilian company specialized in monitoring and auditing services for the agri-food sector .KMA has 250 employees and is expected to generate annual revenues of around 12.5 million euros ($13.0 million) in 2016.  Full Article

Dassault Systemes says industry solution selected by Bureau Veritas
Tuesday, 6 Sep 2016 02:50am EDT 

Dassault Systemes SA :Bureau Veritas selects Dassault Systemes' "Designed for Sea" industry solution experience to accelerate ship structure calculations.  Full Article

Bureau Veritas selects Dassault Systemes’ “Designed for Sea”
Tuesday, 6 Sep 2016 01:25am EDT 

Dassault Systemes SA :Bureau Veritas selects Dassault Systemes’ “Designed for Sea”.  Full Article

Bureau Veritas raises 700 million euros in bond issues
Thursday, 1 Sep 2016 01:44am EDT 

Bureau Veritas : Said on Wednesday it raised 700 million euros ($780.50 million) through a 7-year and 10-year non-rated new bond issue . Issue was placed with two components: 500 million euros with a 7-year tenor and 200 million euros with a 10-year tenor . Coupons of respectively 1.25 pct and 2 pct . Issues 8 times and 2.5 times oversubscribed respectively . Natixis and Societe General acted as Global Coordinators and Joint Lead Managers .BNP Paribas, Commerzbank, CM-CIC, HSBC, and Merrill Lynch International acted as Joint Lead Managers.  Full Article

Bureau Veritas H1 net profit falls to 159.6 mln euros
Thursday, 28 Jul 2016 01:30am EDT 

Bureau Veritas SA : H1 revenue is 2.22 billion euros ($2.46 billion) versus 2.32 billion euros a year ago . H1 adjusted operating profit is 350.5 million euros versus 370.3 million euros a year ago . H1 net profit is 159.6 million euros versus 175.1 million euros a year ago . Confirms its objective of a high adjusted operating margin between 16.5-17.0 pct, and still expects strong cash flow generation .Still anticipates a progressive acceleration of organic growth in H2, leading to the low end of the 1-3 pct guidance for the FY 2016.  Full Article

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