on BUREAU VERITAS (EPA:BVI)
Bureau Veritas Ends Discussions for Business Combination
Bureau Veritas announced on January 27, 2025, that discussions with SGS for a potential business combination have concluded without reaching an agreement. Despite recognizing the benefits of consolidation in the Testing, Inspection, and Certification sector, no consensus was achieved.
Committed to its LEAP | 28 strategy, Bureau Veritas aims for high single-digit total revenue growth, consistent improvements in adjusted operating margins, and double-digit shareholder returns. The company also targets strong cash conversion rates exceeding 90%.
Bureau Veritas continues to focus on growth and performance enhancements while maintaining its commitment to high operating standards and shareholder returns.
R. H.
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