Strong organic revenue growth in the first quarter of 2022; solid 2022 outlook confirmed
Based on a healthy sales pipeline and the significant growth opportunities related to Sustainability, and assuming there are no severe lockdowns in its main countries of operation due to Covid-19, for the full year 2022, Bureau Veritas still expects to:
Didier Michaud-Daniel, Chief Executive Officer, commented:
“We have got off to a very good start to 2022 with strong organic revenue growth, fueled by good momentum across all our activities. Demand for our unique worldwide sustainability offering continues to accelerate and we have a significant backlog: the BV Green Line of services and solutions is now well on the way to representing nearly 60% of our sales. More and more clients look to us for our expertise, impartiality and independence to help them shape trust around topics at the heart of their ESG challenges and of society at large: health, safety, quality, environmental protection and social responsibility. In Q1, our Clarity offering was fully deployed commercially, thus supporting companies manage their ESG strategy, track implementation and measure performance.
Looking ahead, despite the uncertain environment we are currently facing, we confirm our 2022 outlook.”
(1) Alternative performance indicators are presented, defined and reconciled with IFRS in appendix 2 of this press release.