Bureau Veritas lifts revenue growth target for 2027-2028
Shares in Bureau Veritas rose 2% after the French business services provider raised its revenue growth target for 2027-2028 to double digits from a high single-digit growth forecast. The company also aims to generate €1 billion in revenue from AI-related markets and services by 2030, and narrowed its leverage target range to 1.5x-2.0x from 1.0x-2.0x.
Shares in Bureau Veritas rose 2% after the French business services provider raised its revenue growth target for 2027-2028. The group now expects revenue to grow by double digits in that period, versus its earlier forecast for high single-digit growth. It also said it aims to generate €1 billion in revenue from AI-related markets and services by 2030, which JPM estimates would represent around 13% of fiscal 2030 revenues. P.
0x previously.