news Container Container News
Bureau Veritas has upgraded its full-year 2026 guidance after reporting higher revenue, improved profitability and continued progress with its portfolio transformation strategy during the first half of the year. The company posted revenue of €3.26 billion in the first six months of 2026, up 2.1% year-on-year and 5% organically. Organic growth accelerated to 5.5% in the second quarter. Adjusted operating profit increased 3.1% to €506.5 million, while the adjusted operating margin improved to 15.5%, up 15 basis points from a year earlier. Adjusted net profit rose 3.9% to €303.8 million, with adjusted earnings per share increasing to €0.68. However, reported operating profit fell 16% to €430.8 million, while attributable net profit declined 26.2% to €237.9 million, reflecting portfolio-related items and provisions. During the first half, Bureau Veritas announced five acquisitions, adding around €138 million in annualised revenue, and signed an agreement to divest a business representing approximately €450 million in annualised revenue. The transactions form part of the company’s LEAP | 28 strategy to focus on higher-growth and higher-margin activities. The company also continued its planned exit from its Government Services business and certain Oil & Petrochemicals and Coal testing and inspection activities. Strong demand in Mission Critical Assets, Oil & Gas Capex, Metals & Minerals, and Consumer Products Services Tech supported growth during the period. Following the first-half results, Bureau Veritas now expects mid-to-high single-digit organic revenue growth for 2026, compared with its previous forecast of mid-single-digit growth. The company also reaffirmed its expectations for further margin improvement and strong cash flow generation. “Our performance confirms the relevance of our portfolio transformation,” said Hinda Gharbi, Chief Executive Officer of Bureau Veritas. “Building on our first-half performance, a solid pipeline,
Bureau Veritas raises 2026 outlook after stronger first-half performance
Container News
Read full article at Container News →
Opens Container News in a new tab