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Reading: Fugro N.V. (FUGRF) Replace to Monetary Steerage for 2025 Convention (Transcript)
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Fugro N.V. (FUGRF) Replace to Monetary Steerage for 2025 Convention (Transcript)
Money

Fugro N.V. (FUGRF) Replace to Monetary Steerage for 2025 Convention (Transcript)

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Last updated: September 22, 2025 9:56 am
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Published: September 22, 2025
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Mark Heine
Chairman of Administration Board & CEO

Good morning. Thanks for dialing on this morning. That is Mark Heine, CEO of Fugro. I am collectively right here with Barbara Geelen, our CFO. I want to offer you a brief replace earlier than we open up for questions on the press launch that we needed to challenge this morning.

Sadly, Fugro has to withdraw its monetary steerage for the complete yr 2025, and that is following vital modifications out there situations, particularly targeted on what has occurred over the past latest weeks. We nonetheless count on a notable enchancment within the second half of the yr in comparison with the primary half of the yr, however the beforehand anticipated 20% income progress is now not reasonable.

And that is all to do with initiatives which were postponed and a few additionally descoped and moved to 2026. We’ll present an additional replace at our regular Q3 buying and selling replace on the thirty first of October. And due to this fact, we’ll attempt to reply as many questions as we are able to, however we’ll most likely hold it fairly brief and refer additionally to the conventional replace that can come out quickly.

The latest developments, clearly, are seen in offshore wind, and you’ve got seen all of the information. However furthermore, we see the influence within the oil and fuel market, the place we nonetheless count on that

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