Q1 16 revenue Revenue reached €1,059m (-4.2%), which included a significant negative currency impact (-4.4%) related to the depreciation of emerging countries’ currencies against the euro. The strongest negative currency effect was in the Industry division (-7.4%). The contribution from acquisitions was low (+0.8%), unlike the same period last year (+6.2% in Q1 15). Organic revenue declined slightly (-0.6% vs +4.4% in Q1 15). The negative organic trend was attributable to the Indus
13 May 2016
Slow start to the year 2016
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Slow start to the year 2016
Bureau Veritas SA (BVI:WBO) | 0 0 0.4% | Mkt Cap: 9,505m
- Published:
13 May 2016 -
Author:
Hélène Coumes -
Pages:
3
Q1 16 revenue Revenue reached €1,059m (-4.2%), which included a significant negative currency impact (-4.4%) related to the depreciation of emerging countries’ currencies against the euro. The strongest negative currency effect was in the Industry division (-7.4%). The contribution from acquisitions was low (+0.8%), unlike the same period last year (+6.2% in Q1 15). Organic revenue declined slightly (-0.6% vs +4.4% in Q1 15). The negative organic trend was attributable to the Indus