Bureau Veritas SA Comments on FY 2013 Organic Growth Guidance; Confirms FY 2013 Total Revenue, Operating Margin and EPS Guidance
Bureau Veritas SA announced that its organic growth in fiscal year 2013 will be slightly below the 6%-8% projected in the plan BV2015 : Moving forward with confidence. The Company confirmed that its total revenue, operating margin and earnings per share (EPS) guidance for fiscal year 2013 remains in line with the plan, that is to say growth in revenue of between 9% and 12% per year, an increase in earnings per share (EPS) of 10% to 15% per year and improvement in adjusted operating margin of +100-150bps (relative to fiscal year 2011). In fiscal year 2012, the Company reported revenue of EUR 3.902 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 4.225 billion.
Latest Developments for Bureau Veritas Registre International de Classification de Navires et d'Aeronefs
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