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Fugro NV (FUGRc.AS)

FUGRc.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fugro to install new undersea power cable in South Australia​
Monday, 17 Jul 2017 11:10am EDT 

July 17 (Reuters) - FUGRO NV ::‍FUGRO TO INSTALL NEW UNDERSEA POWER CABLE IN SOUTH AUSTRALIA​.CONTRACT TO INSTALL A SUBSEA POWER CABLE FOR SOUTH AUSTRALIA’S DISTRIBUTION NETWORK MANAGEMENT COMPANY, SA POWER NETWORKS.NEW CABLE IS EXPECTED TO BE OPERATIONAL BY MIDDLE OF 2018.  Full Article

Fugro announces has been awarded a further two-year contract by Petrobras in Brazil
Tuesday, 4 Jul 2017 05:20am EDT 

July 4 (Reuters) - FUGRO NV ::ANNOUNCES HAS BEEN AWARDED A FURTHER 2-YEAR CONTRACT BY PETROBRAS IN BRAZIL.  Full Article

Fugro announces Seabed Geosolutions secures new contract in Brazil
Monday, 26 Jun 2017 04:20am EDT 

June 26 (Reuters) - FUGRO NV ::SEABED GEOSOLUTIONS SECURES NEW OCEAN BOTTOM NODE CONTRACT IN BRAZIL.THE SEVEN MONTH CONTRACT IS VALUED AT AROUND 90 MILLION USD AND IS SCHEDULED TO COMMENCE AT THE END OF THE FOURTH QUARTER OF 2017 OR EARLY 2018..SEABED GEOSOLUTIONS IS A JOINT VENTURE BETWEEN FUGRO AND CGG <<>>.  Full Article

Fugro has been awarded 2-year framework contract by Swissgrid
Thursday, 15 Jun 2017 11:18am EDT 

June 15 (Reuters) - FUGRO NV ::HAS BEEN AWARDED A 2-YEAR FRAMEWORK CONTRACT BY SWISSGRID TO SURVEY ITS ELECTRICITY TRANSMISSION ASSETS.PROJECT IS SCHEDULED TO START IN JUNE 2017.  Full Article

Fugro enters into a partnership agreement to provide support in Amsterdam
Friday, 19 May 2017 07:23am EDT 

May 19 (Reuters) - FUGRO NV :HAS ENTERED A PARTNERSHIP AGREEMENT TO PROVIDE CIVIL ENGINEERING SUPPORT IN THE CITY OF AMSTERDAM..TOGETHER WITH ENGINEERING CONSULTANCY FIRM SWECO, FUGRO WILL SUPPORT DEVELOPMENT IN THREE LOCATIONS IN THE EASTERN PART OF AMSTERDAM.THE PARTNERSHIP AGREEMENT RUNS UNTIL APRIL 2021 WITH AN OPTION FOR FOUR ONE-YEAR EXTENSIONS.CITY OF AMSTERDAM ESTIMATES CONTRACT VALUE AT EUR1 MILLION PER YEAR..  Full Article

Fugro Q1 revenue down at 376.7 million euros
Tuesday, 2 May 2017 01:12am EDT 

May 2 (Reuters) - Fugro Nv : :Q1 revenue 376.7 million euros ($411.13 million) versus 441.1 million euros year ago.Backlog for the next 12 months has stabilised since mid-2016. Compared to the same quarter last year, backlog decreased by 12.9 pct on a currency comparable basis..Outlook 2017: for the first half of the year Fugro continues to anticipate a significant decline in revenue, however less severe than in the same period of 2016.Outlook 2017: for the first half of the year Fugro continues to expect negative low single digit EBIT margin (excluding exceptional items).Backlog next 12 mths 1.05 billion euros versus 1.18 billion euros year ago.Outlook 2017: revenue decline is expected to bottom out towards the latter part of the year. Full year cash flow is expected to be positive..The outlook for 2017 is unchanged.  Full Article

Fugro signs strategic alliance with Ground Structures Engineering Consultants Ltd in Guyana
Wednesday, 29 Mar 2017 07:28am EDT 

Fugro NV : New strategic alliance with Ground Structures Engineering Consultants Ltd in republic of Guyana .Marine site characterisation project is scheduled to begin in April 2017.  Full Article

Boskalis sells remaining holding in Fugro
Wednesday, 1 Mar 2017 03:44am EST 

Koninklijke Boskalis Westminster NV :Boskalis announced on Tuesday it sold remaining holding in Fugro Full Article

Boskalis sells remaining holding in Fugro
Tuesday, 28 Feb 2017 02:44pm EST 

Koninklijke Boskalis Westminster NV :Boskalis announced on Tuesday it sold remaining holding in Fugro Full Article

Fugro says bookrunner to place 7.9 mln shares worth $126 mln
Tuesday, 28 Feb 2017 11:50am EST 

Fugro Nv : Bookrunner - accelerated bookbuilt offering of 7,932,532 ordinary shares of Fugro N.V. . Bookrunner - accelerated bookbuilt offering size: 7,932,532 shares representing c.120 mln euros / $126 mln based on the closing price of 15.035 euros on Feb. 28 2017 Further company coverage: [FUGRc.AS] (Bengaluru Newsroom) ((+91 806 749 1136;)).  Full Article

Fugro says former Vattenfall head Oystein Loseth to replace retiring CEO

AMSTERDAM, Oct 16 Surveying and marine floor services company Fugro NV on Monday said the former head of Swedish energy company Vattenfall, Oystein Loseth, would replace Paul van Riel who is retiring on April 26, 2018.