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20 January 2019 The on-line newspaper devoted to the world of transports 12:11 GMT+1

April 30, 2018

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Original news
Shadows and lights on the road of the naval division of Bureau Veritas

The first three months of the 2018 have been archived item with a bending of the economic results, but it continues the increase of the new orders

In the first trimester of this year the society of classification and certification Bureau Veritas (BV) has totaled revenues pairs to 1,10 billion euros, with a bending of the -3,3% on the same period of 2017, variation that turns out of positive sign and pairs to +4,7% to constant exchange rates. The French company has specified that the organic increase, that is to constant currency and with the exclusion of the effect of the acquisitions, has been of +3.6% in five of the six main segments of activity of the group. To make exception it has been the Offshore division Marine & that - the managing director Didier Michaud-Daniel has explained - still endures the impact of the cycle moment negative of the shipping.

In the first trimester of the 2018 Marine revenues of the Offshore division & they are piled to 83,6 million euros, with a contraction of -13,9% (- 5.4% to constant currency). The activity section has recorded a variation organic percentage of the sign revenues negative and pairs to the -8,5%, with a contraction to two figures in the segment of the new constructions and an emphasized decrease less in the segment of the services, total decrease of the volume of transactions - it has specified BV - than still does not suffer of the rise of the new orders. In last the five trimesters, in fact, the division has obtained an sensitive increase of the acquired orders, with increases to two and three figures and with the first three closed months of this year with orders pairs to 1,8 million tons of tonnage regarding 1,3 million tsl in the first trimester of 2017.

Al 31 last March the orderbook of the naval division has been attested to 12,9 million tons of tonnage regarding 13,1 million tsl on March 31, 2017.

Bureau Veritas previews that for the entire exercise anniversary the 2018 Offshore division Marine & will obtain light negative an organic increase.

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