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

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/18/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/03/2019

...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Engines driving improvement in the margin and cash generation ignited

>Still solid organic growth in 2019 - We are confident that growth will continue at a brisk pace in 2019, and confirm our expectation of 3.8% vs 4% in 2018. This year should see the long-awaited achievement of the upturn in the marine division (7% of sales), a continuation of the gradual improvement of the oil capex (4% of sales), while growth remains sustained in the mining segment (6% of sales). It is also robust in the consumer segment (14% of sales), with some cus...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Moteurs d’amélioration de la marge et de génération de cash enclenchés

>Croissance organique toujours solide en 2019 - Nous ressortons confiants sur la poursuite d’un bon rythme de croissance en 2019, et confirmons notre attente de 3.8%e vs 4% en 2018. Cette année devrait voir la concrétisation tant attendue de la reprise de la marine (7% du CA), une poursuite de l’amélioration graduelle des Capex pétroliers (4% du CA), alors que la croissance reste soutenue dans les mines (6% du CA). Elle est également bonne dans le consumer (14% du CA)...

Ahmed Ben Salem ...
  • Alain William
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Christophe Chaput
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Philippe Ourpatian
  • Pierre Tegner
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/01/2019

Unlike CEO pay, the average remuneration paid to the chairs of the boards of directors of the large cap companies covered by ODDO BHF increased by 4.9% between 2013 and 2017. The disparities between companies stem mainly from national contexts and widely differing perceptions of the role of the board chair depending on the countries, though for certain stocks the ownership structure and sector situation may have an influence. Cf. Report published last evening. - ...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/18/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/03/2019

...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Engines driving improvement in the margin and cash generation ignited

>Still solid organic growth in 2019 - We are confident that growth will continue at a brisk pace in 2019, and confirm our expectation of 3.8% vs 4% in 2018. This year should see the long-awaited achievement of the upturn in the marine division (7% of sales), a continuation of the gradual improvement of the oil capex (4% of sales), while growth remains sustained in the mining segment (6% of sales). It is also robust in the consumer segment (14% of sales), with some cus...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Moteurs d’amélioration de la marge et de génération de cash enclenchés

>Croissance organique toujours solide en 2019 - Nous ressortons confiants sur la poursuite d’un bon rythme de croissance en 2019, et confirmons notre attente de 3.8%e vs 4% en 2018. Cette année devrait voir la concrétisation tant attendue de la reprise de la marine (7% du CA), une poursuite de l’amélioration graduelle des Capex pétroliers (4% du CA), alors que la croissance reste soutenue dans les mines (6% du CA). Elle est également bonne dans le consumer (14% du CA)...

Emira Sagaama ...
  • Matthias Desmarais

Bureau Veritas : Confidence in improvement in the margin in 2019

>Solid growth in 2019, a shade below 4% on our estimates - The prospects are good across all of the group’s activities for 2019, marine (7% of sales) is the leader in terms of growth, now that the recovery of new builds is launched (+6.9% on an organic basis in the division in Q4 2018 vs -5.4% in H1). The industry division (22% of sales) should perform well thanks to the brisk momentum in opex and the gradual upturn in oil capex (+3.6% in H2 vs -15% in H1). The tone w...

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 ...
  • Alain William
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Christophe Chaput
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Philippe Ourpatian
  • Pierre Tegner
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/01/2019

Unlike CEO pay, the average remuneration paid to the chairs of the boards of directors of the large cap companies covered by ODDO BHF increased by 4.9% between 2013 and 2017. The disparities between companies stem mainly from national contexts and widely differing perceptions of the role of the board chair depending on the countries, though for certain stocks the ownership structure and sector situation may have an influence. Cf. Report published last evening. - ...

Ahmed Ben Salem ...
  • Alain William
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Christophe Chaput
  • Emira Sagaama
  • Fatma Agnès Hamdani
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Philippe Ourpatian
  • Pierre Tegner
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 01/03/2019

Contrairement aux rémunérations de CEO, la moyenne des sommes versées aux présidents de conseil d’administration dans les large caps suivies chez Oddo BHF a connu une hausse de 4.9% entre 2013 et 2017. Les disparités entre les sociétés relèvent principalement de contextes nationaux et d’une perception du rôle de président(e) très différents selon les pays, même si la situation actionnariale et sectorielle peut, pour certaines valeurs, avoir une influence. Cf. étude publiée hier. - ...

Christophe Chaput ...
  • Emira Sagaama
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 02/28/2019

...

Christophe Chaput ...
  • Emira Sagaama
  • Jerôme Bodin
  • Laurence Hofmann
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 28/02/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Bruno Cavalier
  • Delphine Brault
  • Emira Sagaama
  • François Maury
  • Georges Dieng
  • Johanna Jourdain
  • Laurence Hofmann
  • Martial Descoutures
  • Matthias Desmarais
  • Olfa Taamallah
  • Pierre Corby
  • Sven Edelfelt
  • Sylvain Goyon
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 02/25/2019

Equities’ disconnect from the "pessimism" of the bond markets is obvious. The simultaneous choice of cyclicals and protection themes (growth/quality) is disturbing. What should we do when our annual objectives are being met? Avoid succumbing to the cyclical temptation, buy quality by avoiding overpaying the protection criterion linked exclusively to a healthy balance sheet structure. We present the results of a screening combining balance sheet and ROCE trends, which highlights five s...

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 3 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 February 15, 2019, the closing price was EUR 19.64 and its potential was estimated at EUR 20.90.

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...

Bureau Véritas - Assemblée générale des actionnaires du 14 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

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 ...

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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