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26 March 2019 The on-line newspaper devoted to the world of transports 15:00 GMT+1



July 28, 2017

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Original news
Bureau Veritas records turned out positive with the exception of the segment Marine & Offshore

In the field the new orders have been pairs to 2,9 million tons of tonnage (1,3 million tsl in the first semester of the 2016)

In the first six months of this year the revenues of the society of classification and certification Bureau Veritas have grown of +6.2% going up to 2,36 billion euros regarding 2,22 billion euros in the first half of 2016. The operating profit is piled to 286,2 million euros (- 5.7%) and the profit clearly to 146,0 million euros (- 12.5%).

In the single Offshore segment Marine & the French group has totaled revenues pairs to 190,8 million euros, in decrease of the -6,3% regarding 203,7 million in the first six months last year, and an operating profit rectified pairs to 45,0 million euros (- 17.4%). BV has specified that in the first semester of 2017 in this segment of activity an sensitive decrease of organic increase (- 7.5% is recorded) that is effect of collapse of the new orders happened in the past trimesters, in particular relatively to categories of ship like rinfusiere and the portacontainer. The French company has specified moreover that in according to trimester of this year the bending of the activity in the field of the new constructions is accelerated and that the level of certifications of new equipments has shown a decrease to two figures, in particular in Asia.

the bending of the results of the division has been consequence also of the prosecuzione of the contraction of the activities in the offshore section because of the decrease of the plans in course and the reduction of the activities of study of risk assessment.

In the first half of this Marine year the Offshore division & has confiscated new orders for a total pairs to 2,9 million tons of tonnage, more of the double quantity regarding 1,3 million tsl in the first semester of 2016, but a volume - it has specified Bureau Veritas - not still sufficient in order to increase the pocketbook the 30 orders that to past june a consistency of 13,6 million tons of tonnage regarding 15,4 million had tsl to the 30 june 2016 and 13,6 million tsl to 31 December 2016.

Bureau Veritas previews that in the second half of the year of the 2017 activity in the Offshore field Marine & it will be characterized by a prosecuzione of the contraction in the segment of the new constructions, while the activities in the field of the services would have to remain to the current levels with the exception of the offshore market that - it has remembered the company - suffers very of the fluctuations of the prices of the oil. A positive impulse would have instead to be determined from the introduction of the normative new, in particular from that relative to the management of ballast waters and from those on the activities of Monitoring, Reporting and Verification (MRV) for the control of the emissions of the ships.

In the second solo trimester of the 2017 revenues of group BV has been attested to approximately 1,22 billion euros, in increase of +5.2% on the correspondent period of 2016. In the Offshore segment Marine & the volume of transactions has been pairs to approximately 93,7 million euros, with a decrease of the -11,6%, and in such field of activity the total volume of the new orders has been pairs to 1,6 million tons of tonnage regarding 0,3 million tsl in the trimester April-june of 2016.

Commenting the results achieved from the group in the first semester of this year, the managing director of Bureau Veritas, Didier Michaud-Daniel, has evidenced that the process of transformation of the company is continuing with success and that all the segments of activity have recorded an increase "to exception - has specified - of those Navy & Offshore that is tackling to a crisis of the market. The field Products Consumer - it has emphasized Michaud-Daniel - is growing, that continuous Certification to evidence solidity and those Sour & Commodities are gradually improving. The Industry segment, that it represents our greater field of activity, is by now next to the stability since the adverse conditions of the markets Oil & Gas are compensated by the diversification of the final markets. These encouraging developments - it has concluded the CEO of Bureau Veritas - would have to continue to strengthen our performances".

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