Bureau Veritas Investor Relations Material

Bureau Veritas is a French company with multinational operations that specializes in testing, inspection, and certification services. The company focuses on several sectors, including marine, industry, infrastructure, and commodities. Bureau Veritas provides services aimed at ensuring compliance with standards related to quality, health and safety, environmental protection, and similar areas. It is headquartered just outside Paris, France, and its shares are traded on the XPAR.

Bureau Veritas, founded in Antwerp in 1828 (but moved to Paris a few years later), began as a maritime classification society. Its initial purpose was to provide insurance companies with information necessary to assess the condition of ships and their equipment. Over the years, Bureau Veritas evolved beyond the shipping industry, adapting to changing market needs. The company expanded its expertise into industry, construction, and certification services. This growth was marked by strategic acquisitions and geographic expansion, enabling Bureau Veritas to offer a wide range of testing, inspection, and certification services across various sectors. Today, it operates as a global leader in conformity assessment and certification services, together with companies such as Intertek, Eurofins Scientific, and SGS.

As previously mentioned, Bureau Veritas provides services such as quality assurance, health and safety management, environmental impact assessments, and sustainability audits. In the maritime sector, Bureau Veritas continues its traditional role in ship classification and safety certification. In construction and infrastructure, the company ensures building and facility compliance with regulatory standards. Additionally, Bureau Veritas is involved in various industries including energy, automotive, and aerospace, offering tailored services to meet the specific needs of each sector.

Growth through acquisitions has been a red thread throughout the company’s history and is something that it continues to do to this day. Bureau Veritas has acquired a number of different companies in the industry throughout the 2000s, most notably a number of Chinese companies. This has been done in order to expand the company’s geographical footprint, and Bureau Veritas is today active in more or less every corner of the world. Partnerships with various other companies, including Microsoft, are also employed in order to help grow the business.