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Bureau Veritas (BVI) investor relations material
Bureau Veritas AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
The meeting was opened by the Chairman of the Board, with presentations from key executives including the CEO, CFO, and heads of legal and audit functions.
The agenda included approval of financial statements, dividend distribution, board renewals, remuneration policies, and strategic updates.
Financial performance review
Revenue reached €6.47 billion in 2025, up 3.6% (+7.3% at constant currency), with organic growth of 6.5%.
Adjusted operating profit was €1,053 million (+5.7% vs 2024), with a 16.3% margin (+32bps).
Adjusted net profit was €631.4 million (+1.7%), and free cash flow was €824.2 million.
Growth was broad-based across regions and business lines, with strong performance in energy and data centers.
Board and executive committee updates
Mandates of Jean-François Palus and Geoffroy Roux de Bézieux were renewed until the AGM ruling on 2029 accounts.
Olivier Sévillia was appointed as a new independent director.
The board maintained a 58% independence rate and 42% female representation.
- Q1 2026 revenue grew 4.5% organically, led by M&O and B&I, despite currency headwinds.BVI
Q1 2026 TU22 Apr 2026 - 6.5% organic growth, margin up, strong cash flow, and positive outlook for 2026.BVI
Q4 202525 Feb 2026 - Record H1 2024: 9.2% organic growth, 15% margin, strong cash flow, and upgraded outlook.BVI
H1 20242 Feb 2026 - Q3 2024 revenue up 8.8% to €1,555m; 2024 organic growth outlook raised to 9–10%.BVI
Q3 2024 TU19 Jan 2026 - Record 2024 growth, margin gains, and strong cash flow with a positive 2025 outlook.BVI
H2 20247 Jan 2026 - Q1 2025 revenue up 8.3% to €1,558.7m; robust growth and €200m share buyback announced.BVI
Q1 2025 TU20 Dec 2025 - H1 2025 saw 6.7% organic revenue growth, margin gains, and six strategic acquisitions.BVI
H1 20253 Nov 2025 - Q3 2025 delivered 6.3% organic growth and strong cash flow, with FY outlook reaffirmed.BVI
Q3 2025 TU23 Oct 2025 - Record financials, robust growth, and all AGM resolutions approved for 2025.BVI
AGM 202511 Jul 2025
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