91香蕉视频

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Bureau Veritas

Bureau Veritas is a world leader in inspection and certification services with a powerful purpose: to shape a world of trust by ensuring responsible progress.

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CAPITAL HELD BY WENDEL
26.8
%鹿
AMOUNT INVESTED BY WENDEL
鈧293.4
尘虏
YEAR OF ACQUISITION
1995

Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for its customers鈥 excellence and sustainability, the company innovates to help them navigate change.

Created in 1828, Bureau Veritas鈥 84,000 employees deliver services in nearly 140 countries. The company鈥檚 technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability.

(1) Share of equity owned by 91香蕉视频 as of December 31, 2024, net of treasury shares (26.5% including treasury shares). For c. 41.2% of voting rights.
(2) Amount of equity invested by 91香蕉视频 for the stake held as of December 31, 2024. Since its initial investment of 鈧931 million in Bureau Veritas, 91香蕉视频 has received approximately 鈧5.2 billion in proceeds from disposals and Bureau Veritas dividends.
Key figures
icon
鈧6,240.9 m
2024 sales
suite_pictos_bonhommes_2
c. 84,000
29% of whom are women in management positions in 2024
societes-2
~140
countries
performance-esg-4

ESG Ratings

DJSI : 84/100
CDP : B
Ecovadis : Gold

Key milestones of the investment

1995
2004
2007
2009
2015
2018
2024
2025
1995
1995
91香蕉视频 acquires its first 19% stake in the company for an investment of 鈧25 million
2004
2007
2009
2015
2018
2024
April 4, 2024
91香蕉视频 launches the sale of approximately 9% of Bureau Veritas鈥 share capital
April 5, 2024
91香蕉视频 successfully completes the sale of 9% of Bureau Veritas鈥 share capital
2025
March 11, 2025
91香蕉视频 announces the entry into a prepaid 3-year forward sale of Bureau Veritas shares representing 6.7% of share capital
March 12, 2025
91香蕉视频 announces the successful placement of Bureau Veritas shares as part of a prepaid 3-year forward sale representing approximately 6.7% of Bureau Veritas share capital

Why did we invest in Bureau Veritas?

Bureau Veritas is well positioned in markets driven by long-term structural trends. QHSE regulations and standards are proliferating and becoming tougher to meet. Increasingly, certification and inspection activities are being outsourced. Health and environmental protection standards are becoming more stringent. And trade has become global. The growing need for companies to be responsible players in their ecosystems demonstrates the central role of Bureau Veritas in building trust between companies and all their stakeholders.

Since it was founded in 1828, Bureau Veritas has gradually built up its globally renowned expertise. The market that Bureau Veritas addresses has numerous barriers to entry. Operating certification and approval are mandatory in each country. Service providers must offer a comprehensive range of inspection services (in particular for major clients) and extensive geographical coverage both locally and internationally. They must provide high value-added solutions through first-rate technical expertise and enjoy a reputation of independence and integrity. Bureau Veritas鈥 success is based on its ability to adjust to new business challenges, whether they are one-off situations or long-term issues.

91香蕉视频 has gradually increased its holding in Bureau Veritas. When 91香蕉视频 made its initial 鈧25 million investment in 1995, obtaining 19% of the share capital, Bureau Veritas generated annual revenue of less than 鈧400 million. 91香蕉视频 then supported the company鈥檚 growth until it held 99.2% of the capital in 2004. In 2007, Bureau Veritas was listed on the stock exchange, enabling it to continue its international expansion.

Photo BV_3

2025 outlook

Building on a strong 2024 momentum, a robust opportunities pipeline, a solid backlog, and strong underlying market growth, and in line with the LEAP | 28 financial ambitions, Bureau Veritas expects to deliver for the full year 2025:

  • Mid-to-high single-digit organic revenue growth,

  • Improvement in adjusted operating margin at constant exchange rates,

  • Strong cash flow, with a cash conversion2 above 90%.

Bureau Veritas鈥 ESG approach

Beyond compliance with regulations, Bureau Veritas is committed to supporting its clients in their sustainability journey and to meeting the expectations of consumers, employees and all of its stakeholders.

For more information on Bureau Veritas’ ESG policy, .

01
02
03
04
05
06
01
changement-climat-4
Climate

CO2e emissions in 2024 : 135,000 tons on scopes 1 & 2, and 620,000 tons on scope 3.

> 2028 Ambition : reduce CO2e annual emissions to reach 107,000 tons on scopes 1 & 2, and 410,000 tons on scope 3.

02
feuille-rond-04
Circularity and biodiversity

> 2028 Ambition : achieve an Eco-site score of 34%.

03
i-1
Health and safety

Total Accident Rate (TAR) in 2024 : 0.24.

> 2028 Ambition : achieve 0.23 accident rate.

04
suite-pictos-bonhommes-4
Human capital

68% of employees participated in a performance review in 2024.

> 2028 Ambition : reach a rate of 95% of employee participation in a performance review.

05
parite-4
Diversity

27% of female representation in leadership positions in 2024.

> 2028 Ambition : reach a rate of 36% of female representation in leadership positions(1).

(1) Senior / executive management roles from the Executive Committee to Band II.
06
hands
Ethics

98,8% of employees are trained to Bureau Veritas Code of Ethics in 2024.

> 2028 Ambition : reach a rate of 99% employees trained to BV Code of Ethics.

Bureau Veritas non-financials ratings
djsi
84/100
score obtained in the DJSI’s “Professional Services” category
suite-pictos-msci
AA
sustainalytics
9.1
Rated “Negligible risk”, ranked #1 of the ‘Research and Consulting’ sector
moodys
70
Ranked #1 in the European Business support services sector

Top management

of Bureau Veritas
hinda-gharbi-rounded
Hinda Gharbi
CEO

91香蕉视频’s role in corporate governance


Board of Directors
Laurent Mignon (Chairman)
Christine Anglade
Claude Ehlinger
J茅r么me Michiels

Strategic Committee
Laurent Mignon

Nomination & Compensation Committee
Claude Ehlinger

Audit and Risk Committee
J茅r么me Michiels

CSR Committee
Christine Anglade

#Lettre aux actionnaires
11 April 2024
Bureau Veritas targets a step change in growth and shareholder returns
All news
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IMPORTANT INFORMATION

The materials contained herein are not for general release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia, Japan, Canada or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Access to the information and documents on this portion of the website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you seek to access this restricted information. Your confirmation must be true and accurate.

The information contained in this section of the website of 91香蕉视频 (the 鈥淪eller鈥) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the 鈥淯nited States鈥), Australia, Canada, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the 鈥淐ompany鈥) in the United States, Australia, Canada, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

The securities of the Company referred to in this section of the website (the 鈥淪ecurities鈥) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 鈥淪ecurities Act鈥) or with any securities regulatory authority of any state of the United States for offer or sale as part of their distribution and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Securities have not been and will not be registered under the applicable securities laws of Australia, Canada or Japan, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Canada, Japan or any other jurisdiction in which it would be unlawful or would require registration or other measures.

Access to the information contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons who wish to have access to the documents contained in this section of the Seller鈥檚 website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this section of the website, or require registration or approval for any acquisition of securities by them. No such registration or approval has been or will be obtained. The Seller assumes no responsibility if there is a violation of applicable law and regulations by any person.

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DISCLAIMER 鈥 IMPORTANT

Due to applicable legal restrictions, the information contained in this section of the website is restricted and is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia, Canada or Japan, or any other jurisdiction in which such release, publication or distribution would be unlawful. We apologize for any inconvenience this may cause.

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IMPORTANT INFORMATION

Access to the information and documents on this portion of the website is restricted for regulatory reasons. 聽

You are requested to review the following information and make the following confirmation each time you seek to access this restricted information. Your confirmation must be true and accurate.

Please enter your country of residence :

Next

IMPORTANT INFORMATION

The materials contained herein are not for general release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia, Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Access to the information and documents on this portion of the website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you seek to access this restricted information. Your confirmation must be true and accurate.

The information contained in this section of the website of 91香蕉视频 SE, parent company of Eufor SAS (together 鈥91香蕉视频鈥) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the 鈥United States鈥), Australia, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the 鈥Issuer鈥) in the United States, Australia, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

The securities of the Issuer referred to in this section of the website (the 鈥Securities鈥) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 鈥Securities Act鈥) or with any securities regulatory authority of any state of the United States for offer or sale as part of their distribution and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. 聽The Securities have not been and will not be registered under the applicable securities laws of Australia or Japan, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Japan or any other jurisdiction in which it would be unlawful or would require registration or other measures.

Access to the information contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. 聽All persons who wish to have access to the documents contained in this section of 91香蕉视频鈥檚 website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this section of the website, or require registration or approval for any acquisition of securities by them. 聽No such registration or approval has been or will be obtained. 聽91香蕉视频 assumes no responsibility if there is a violation of applicable law and regulations by any person.

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Due to applicable legal restrictions, the information contained in this section of the website is restricted and is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia or Japan, or any other jurisdiction in which such release, publication or distribution would be unlawful. 聽We apologize for any inconvenience this may cause.

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