Bureau Veritas S.A.

Bureau Veritas specializes in inspecting, testing, auditing or certifying products, assets (such as buildings, industrial infrastructure, equipment and ships) and management systems (particularly against ISO standards) based on regulatory or voluntarily adopted standards. Co.'s operations can be divided into eight businesses: ship classification; industry services; inspection and verification of equipment in service; construction services; certification of management systems or services; inspection and testing of consumer products; services related to customs control and international trade services; and inspection and testing of commodities.
  • TickerBVI
  • ISINFR0006174348
  • ExchangeEuronext Paris
  • SectorSupport Services
  • CountryFrance

Analysts

Valérie GASTALDY

Analyse court terme - BUREAU VERITAS : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 18,557 €. La tendance de fond serait remise en cause en cas de franchissement de 20,670 €.

Valérie GASTALDY

Short term view - BUREAU VERITAS : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €18.557. The background trend would be questioned should prices rise above €20.670.

Valérie GASTALDY

Short term view - BUREAU VERITAS : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €18.557. The background trend would be questioned should prices rise above €20.670.

Valérie GASTALDY

Analyse court terme - BUREAU VERITAS : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 18,557 €. La tendance de fond serait remise en cause en cas de franchissement de 20,670 €.

Bruno de La Rochebrochard

BUREAU VERITAS Q3 performance slightly lower than expected

Wendel has announced the completion of the sell a minority part of its stake, just to seize other investment opportunities Wendel reduces its stake in BV but will retain control of the group with 51.9% of voting rights Wendel fully support BVI’s strategy and nothing to do with BVI’s results

Bruno de La Rochebrochard

BUREAU VERITAS Q3 performance slightly lower than expected

Wendel has announced the completion of the sell a minority part of its stake, just to seize other investment opportunities Wendel reduces its stake in BV but will retain control of the group with 51.9% of voting rights Wendel fully support BVI’s strategy and nothing to do with BVI’s results

Michael Field

Morningstar | Green Shoots for Bureau Veritas as Marine and Offshore Back in the Black

Narrow-moat Bureau Veritas’ third-quarter trading update was in line with our expectations for the full year, with organic growth just shy of 5%, supplemented with almost 4% of growth through acquisitions and tempered by negative currency effects to the tune of 3%. We do not expect to make any material changes to our forecasts on the back of this update, nor to our EUR 21 fair value estimate. We see moderate upside from the prevailing share price. Divisionally, there were a couple of standouts. First and foremost, marine and offshore, the business that we see as the main differentiator from p...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Q3 2018 sales slightly ahead of expectations, full-year outlook unchanged

>Q3 2018 sales totalled € 1.20bn, 1.6% ahead of the consensus - Bureau Veritas reported Q3 sales of € 1.20bn, up 5.7% thanks to recent acquisitions (+3.8%), despite unfavourable currency effects (-2.9%). Organic growth amounted to 4.8% in Q3 (consensus 4.2%), indicating a sequential acceleration (Q1 to 2.6%, Q2 to 4.4%), driven by i/ certification (+14.9% related to the revision of standards), ii/ the recovery of the marine division (+1.0% in Q3 vs -5.4% in H1),...

Michael Field

Green Shoots for Bureau Veritas as Marine and Offshore Back in the Black

Narrow-moat Bureau Veritas’ third-quarter trading update was in line with our expectations for the full year, with organic growth just shy of 5%, supplemented with almost 4% of growth through acquisitions and tempered by negative currency effects to the tune of 3%. We do not expect to make any material changes to our forecasts on the back of this update, nor to our EUR 21 fair value estimate. We see moderate upside from the prevailing share price. Divisionally, there were a couple of standouts. ...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : CA T3 légèrement meilleur qu’attendu, perspectives annuelles inchangées

>CA T3 à 1.20 Md€, 1.6% au-dessus du consensus - Bureau Veritas a publié un CA T3 de 1.20 Md€ en hausse de 5.7% grâce aux récentes acquisitions (+3.8%) et ce malgré des effets de changes défavorables (-2.9%). La croissance organique s’est élevée à 4.8% au T3 (consensus 4.2%), indiquant une accélération séquentielle (T1 à 2.6%, T2 à 4.4%), tirée par i/ la Certification (+14.9% lié à la révision des standards), ii/ la recovery de la division Marine (+1.0% au T3 vs -5....

A director bought 1,200 shares at 21.472EUR and

A director at Bureau Veritas bought 1,200 shares at 21.472EUR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boar...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Léopold Authié
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Olivier Lebrun
  • Pierre Tegner
  • Rémi Adam
  • Samantha Jeary
  • Stephane Houri
  • Sven Edelfelt
  • Team Pharma
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/26/2018

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Baptiste Lebacq
  • Christophe Chaput
  • Delphine Brault
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Léopold Authié
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Olivier Lebrun
  • Pierre Tegner
  • Rémi Adam
  • Samantha Jeary
  • Stephane Houri
  • Sven Edelfelt
  • Team Pharma
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 26/10/2018

...

Ahmed Ben Salem ...
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Jean Sassus
  • Laure Billoret
  • Matthias Desmarais
  • Steven Gould
  • Valentin Pernet
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/15/2018

...

Ahmed Ben Salem ...
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Jean Sassus
  • Laure Billoret
  • Matthias Desmarais
  • Steven Gould
  • Valentin Pernet
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 15/10/2018

...

With a more favourable environment, BUREAU VERITAS INTL. improves to Slightly Positive

BUREAU VERITAS INTL. (FR), a company active in the Business Support Services industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date January 12, 2018, the closing price was EUR 23.65 and its potential was estimated at EUR 24.83.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Bureau Veritas SA (BVI) - Power - Deals and Alliances Profile

Summary Bureau Veritas SA (Bureau Veritas) is a testing, inspection and certification service provider that offers varied services such as asset management, certification, classification, consulting, inspection and audits, testing and analysis, and training. The company serves aeronautics, agriculture, automotive, construction and real estate, consumer products, food, governments and public organizations, industrial equipment, international trade, IT, telecommunication and electronics, maritime, metals and minerals, oil and gas, power and utilities, process industries, retail, services, and t...

Bureau Veritas SA (BVI) - Oil & Gas - Deals and Alliances Profile

Summary Bureau Veritas SA (Bureau Veritas) is a testing, inspection and certification service provider that offers varied services such as asset management, certification, classification, consulting, inspection and audits, testing and analysis, and training. The company serves aeronautics, agriculture, automotive, construction and real estate, consumer products, food, governments and public organizations, industrial equipment, international trade, IT, telecommunication and electronics, maritime, metals and minerals, oil and gas, power and utilities, process industries, retail, services, and t...

Jehanne Leroy

Proxy Report - 15/05/2018

This year, the company submits to the shareholders' vote the remuneration of each of its Chairman and Chief Executive Officer for the fiscal years 2017 (ex-post) and 2018 (ex-ante). Proxinvest regrets that the amounts awarded to the CEO are far too generous compared to those of his peers. In addition, compensation disclosure and structure could be significantly improved: the group does not communicate the performance objectives for annual and multi-year bonuses, and the qualitative criteria represent 40% of the annual bonus, which makes it difficult to measure alignment with performance. As...

Jehanne Leroy

Proxy Report - 15/05/2018

Cette année, la société soumet au vote des actionnaires les rémunérations de son Président et de son Directeur Général pour les exercices 2017 et 2018. Proxinvest regrette que les montants attribués et attribuables au Président du Conseil soient beaucoup trop généreux au regard de ceux de ses pairs. Aussi, la rémunération de Didier Michaud-Daniel laisse à désirer sur plusieurs éléments : le groupe ne communique en effet pas les objectifs en termes de performance pour les bonus annuels et pluriannuels, et les critères qualitatifs représentent 40% du bonus annuel, ce qui rend difficile pour l'...

Etude de l'AG du 16/05/2017

ITEM 13 and 16:2016 and 2017 remuneration for the CEO are clearly imperfect: there is no performance targets disclosed for any of the plans and for STI and LTI. This is even more problematic, due to the fact that 92% of STI have been granted in 2016, although performance indicators clearly decreased during this period.ITEM 6 to 11ECGS note that independence rate (33%) is not satisfactory. Accordingly, we will not support most of re-elections.

Etude de l'AG du 16/05/2017

Cette année, la société soumet au vote des actionnaires la rémunération de son Directeur Général pour l'exercice 2016, et celle de ses Présidents du Conseil d'administration et de son Directeur Général pour 2017 (résolutions 13 à 16). Si celle du Président ne pose pas de problème au niveau de ses montants et de sa structure, celle de Didier Michaud-Daniel laisse à désirer sur plusieurs éléments : le groupe ne communique en effet pas les objectifs en terme de performance pour les bonus annuels et pluri-annuels, et les critères qualitatifs représentent 40% du bonus annuel, ce qui rend difficile ...

Charles Pinel

Etude de l'AG du 18/10/2016

Il est proposé aux actionnaires d'approuver un projet de filialisation des différentes activités du groupe en France par voie de six apports partiels d'actifs au sein de six filiales détenues à 100%. Ces opérations consistent en une réorganisation interne qui ne peut affecter le patrimoine des actionnaires. Par conséquent, nous recommandons l'approbation des résolutions 1 à 6. Par ailleurs, le conseil d'administration était jusqu'à présent composé d'une majorité de membres libres de conflits d'intérêts potentiels, caractéristique assez rare pour une société contrôlée pour être saluée. Cependan...

Valérie GASTALDY

Analyse court terme - BUREAU VERITAS : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 18,557 €. La tendance de fond serait remise en cause en cas de franchissement de 20,670 €.

Valérie GASTALDY

Short term view - BUREAU VERITAS : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €18.557. The background trend would be questioned should prices rise above €20.670.

Valérie GASTALDY

Short term view - BUREAU VERITAS : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €18.557. The background trend would be questioned should prices rise above €20.670.

Valérie GASTALDY

Analyse court terme - BUREAU VERITAS : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 18,557 €. La tendance de fond serait remise en cause en cas de franchissement de 20,670 €.

Valérie GASTALDY

Analyse moyen terme - BUREAU VERITAS : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

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