Bureau Veritas SA (OTCPK:BVRDF)

$ 30.7 0.85 (2.85%) Market Cap: 13.69 Bil Enterprise Value: 15.20 Bil PE Ratio: 26.36 PB Ratio: 7.97 GF Score: 90/100

Q1 2023 Bureau Veritas SA Corporate Sales Call Transcript

Apr 20, 2023 / 04:00PM GMT

Release Date Price: $27.96

Transcript

Operator

Good day, everyone, and welcome to the Bureau Veritas First Quarter 2023 Revenue Conference Call. Today's call is being recorded. And now at this time, I'd like to turn the call over to Hinda Gharbi, Deputy Chief Executive Officer. Please go ahead.

Hinda Gharbi

Bureau Veritas SA - Deputy CEO & COO

Thank you, April. Good morning, good afternoon and good evening to everyone. Thank you for joining Bureau Veritas today on the webcast and on the call. Francois Chabas, our group CFO, is here with me to present our Q1 2023 revenue and answer your questions. The group has delivered a strong start to the year, thanks to our decyclicalized and resilient portfolio. I would like to thank our teams around the world for these very strong results. On the transition front, as you know, I should be succeeding Didier at the AGM in a few weeks.

Looking at our revenue. In Q1 2023, revenue for the quarter was EUR 1.4 billion, up 8.9% year-on-year. The organic increase was 8.5%, showing a very solid underlying performance year-to-date. Five of our businesses delivered

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