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Provider: Reuters Investment Profile

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Bureau Veritas SA Issues FY 2013 Revenue Guidance in Line with Analysts' Estimates; FY 2013 EPS Guidance Below Analysts' Estimates; Proposes FY 2012 Dividend

Wednesday, 27 Feb 2013 01:30am EST 

Bureau Veritas SA (Bureau Veritas Registre International de Classification de Navires et d'Aeronefs) announced that it should achieve results in fiscal year 2013 which are in line with its BV2015 plan, that is to say growth in revenue of between 9% and 12% per year and an increase in earnings per share (EPS) of 10% to 15% per year. In fiscal year 2012, the Company reported revenue of EUR 3.902 billion and diluted earnings per share of EUR 2.66. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 4.236 billion and diluted earnings per share of EUR 3.90. The Company also announced that it will propose a dividend of EUR 1.83 per share for fiscal year 2012 to its Annual General Meeting.