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Fugro NV (FUGRc.AS)

FUGRc.AS on Amsterdam Stock Exchange

11.26EUR
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Fugro Secures E&P Support Contracts In Trinidad And Gulf Of Mexico
Thursday, 6 Sep 2018 10:40am EDT 

Sept 6 (Reuters) - FUGRO NV ::FUGRO SECURES E&P SUPPORT CONTRACTS IN TRINIDAD AND GULF OF MEXICO.WON THREE CONTRACTS WITH BHP PETROLEUM (DEEPWATER) INC..  Full Article

Fugro Starts Marine Site Characterisation Work At Hornsea Two Offshore Wind Farm Site
Friday, 6 Jul 2018 09:09am EDT 

July 6 (Reuters) - Fugro NV ::COMMENCED MARINE SITE CHARACTERISATION WORK AT THE HORNSEA TWO OFFSHORE WIND FARM SITE.CONTRACT, AWARDED BY RENEWABLE ENERGY COMPANY ØRSTED, COVERS GEOTECHNICAL SITE INVESTIGATION.  Full Article

Fugro FY Net Loss Narrows To 159.9 Million Euros
Thursday, 22 Feb 2018 02:28am EST 

Feb 22 (Reuters) - FUGRO NV ::FUGRO FY 2017: RESULTS IN LINE WITH EXPECTATIONS.FY REVENUE EUR 1.50 BILLION VERSUS EUR 1.53 BILLION IN REUTERS POLL.OUTLOOK 2018: EXPECTS STABILISING REVENUE, IMPROVED EBIT MARGIN.OUTLOOK 2018: EXPECTS POSITIVE CASH FLOW FROM OPERATING ACTIVITIES AFTER INVESTMENTS.FY NET LOSS EUR 159.9 MILLION VERSUS LOSS EUR 308.9 MILLION YEAR AGO.FY EBITDA (EXCLUDING EXCEPTIONAL ITEMS) EUR 100.8 MILLION VERSUS EUR 189.5 MILLION YEAR AGO.OUTLOOK 2018: CAPEX IS EXPECTED TO BE AROUND EUR 80 MILLION..DUE TO THE NEGATIVE NET RESULT, WILL NOT PROPOSE TO PAY A DIVIDEND OVER THE YEAR 2017..  Full Article

Fugro Wins A Second Major Contract From The Norwegian Public Roads Administration
Wednesday, 20 Dec 2017 05:45am EST 

Dec 20 (Reuters) - FUGRO NV ::WINS A SECOND MAJOR CONTRACT FROM THE NORWEGIAN PUBLIC ROADS ADMINISTRATION.ESTIMATED REQUIRED INVESTMENT OF APPROXIMATELY NOK 340 BILLION.WORK ON E39 COASTAL HIGHWAY WILL INVOLVE A 1,100-KILOMETRE-STRETCH FROM KRISTIANSAND IN SOUTH TO TRONDHEIM IN CENTRAL NORWAY.  Full Article

Fugro Wins Ørsted Contracts For Site Investigations
Friday, 1 Dec 2017 04:08am EST 

Dec 1 (Reuters) - FUGRO NV ::WINS ØRSTED CONTRACTS FOR SITE INVESTIGATIONS AT TWO LARGE-SCALE U.S. OFFSHORE WIND PROJECTS‍​.‍SITE INVESTIGATIONS ARE DUE TO COMMENCE AT END OF NOVEMBER AND ARE EXPECTED TO CONTINUE FOR THREE MONTHS​.  Full Article

Fugro Completes Divestment Of Non-Core Trenching And Cable Laying Business
Thursday, 30 Nov 2017 12:21pm EST 

Nov 30 (Reuters) - FUGRO NV ::DIVESTMENT NON-CORE TRENCHING AND CABLE LAYING BUSINESS FINALISED.‍DIVESTED ACTIVITIES WILL BE DECONSOLIDATED AS PER 1 DECEMBER 2017​.  Full Article

Fugro says most of impact from hurricanes was in marine business - conf call‍​
Monday, 30 Oct 2017 05:18am EDT 

Oct 30 (Reuters) - FUGRO NV ::SAYS MOST OF IMPACT FROM HURRICANES WAS IN MARINE BUSINESS - CONF CALL‍​.  Full Article

Fugro Q3 trading update, launches convertible bonds of EUR 100 million
Monday, 30 Oct 2017 02:16am EDT 

Oct 30 (Reuters) - FUGRO NV ::ANTICIPATES A DOUBLE-DIGIT DECREASE IN REVENUE, WITH ONLY A SINGLE DIGIT DECREASE IN THE FOURTH QUARTER‍​.EXPECTS EBIT MARGIN TO IMPROVE DURING THE SECOND HALF OF THE YEAR COMPARED TO THE FIRST.CASH FLOW FROM OPERATING ACTIVITIES AFTER INVESTMENTS WILL BE NEGATIVE FOR THE FULL YEAR.‍TRADING UPDATE Q3 2017: LOW SINGLE DIGIT EBIT MARGIN IN A STABILISING OIL AND GAS MARKET​.Q3 REVENUE EUR 364.0 ‍​MILLION VERSUS EUR 474.1 MILLION YEAR AGO.Q3 BACKLOG NEXT 12 MONTHS OF EUR ‍​0.87 BILLION VERSUS EUR 1.06 BILLION YEAR AGO.END-Q3 NET DEBT/EBITDA RATIO EUR 2.9 ‍MLN VERSUS EUR 1.8 MILLION YEAR AGO​.LAUNCHES A SUBORDINATED CONVERTIBLE BOND OF EUR 100 MILLION.‍​.BOND PROCEEDS WILL BE OFFERED TO THE USPP NOTEHOLDERS FOR EARLY REPAYMENT. ‍​.Q3 EBIT MARGIN WAS LOW SINGLE DIGIT, COMPARED TO MID-SINGLE DIGIT IN THE SAME PERIOD LAST YEAR. ‍​.TECHNICAL DOWNTIME OF SOME VESSELS AND HURRICANES IN AMERICAS, NEGATIVELY IMPACTING Q3 EBIT BY AROUND EUR 10 MLN‍​.  Full Article

Fugro will nominate Øystein Løseth as CEO
Monday, 16 Oct 2017 01:02am EDT 

Oct 16 (Reuters) - FUGRO NV ::FUGRO NV - FUGRO WILL NOMINATE ØYSTEIN LØSETH AS MEMBER OF THE BOARD OF MANAGEMENT AND CEO.‍WILL SUCCEED TO PAUL VAN RIEL AS OF 26 APRIL 2018​.  Full Article

HC2 HOLDINGS SAYS ITS UNIT TO ACQUIRE ONE OF FUGRO N.V.'S BUSINESSES
Thursday, 12 Oct 2017 06:30am EDT 

Oct 12 (Reuters) - HC2 Holdings Inc ::HC2 PORTFOLIO COMPANY GLOBAL MARINE GROUP TO ACQUIRE FUGRO’S TRENCHING AND CABLE LAYING BUSINESS.HC2 HOLDINGS INC - DEAL FOR ‍APPROXIMATELY $73 MILLION​.HC2 HOLDINGS-DEAL ‍CONSISTS OF ISSUANCE TO A UNIT OF FUGRO OF A 23.6% EQUITY INTEREST IN GLOBAL MARINE HOLDINGS VALUED AT $65 MILLION​.HC2 HOLDINGS INC - ‍ACQUISITION, WHICH GMG BELIEVES WILL BE ACCRETIVE.HC2 HOLDINGS INC - DEAL INCLUDES ‍AN OBLIGATION OF GMSL TO PAY FUGRO $7.5 MILLION WITHIN ONE YEAR PURSUANT TO A SECURED VENDOR LOAN​.HC2 HOLDINGS INC - ‍AS PART OF TRANSACTION, FUGRO WILL BECOME PREFERRED PROVIDER OF MARINE SITE CHARACTERIZATION AND ASSET INTEGRITY SERVICES TO GMG​.  Full Article