Bureau Veritas posts H1 2014 results
Bureau Veritas posts H1 2014 results, the company said in its press release.
Revenue of EUR 1,967 million, +7% on a constant currency basis:
-Organic growth of 1.8%: unfavorable economic climate in Europe, notably in France, and below expectation performance from the Metals & Minerals business,
-Contribution from acquisitions of 5.2%: increase in exposure to strategic markets in North and South America,
-Exchange rate impact of -6.5%: most currencies fell against the euro;
Adjusted operating profit of EUR 310 million, +8% on a constant currency basis, thanks to operational excellence initiatives;
Adjusted net profit of EUR 177.5 million, +3.7% on a constant currency basis.
