Bureau Veritas continued to grow in the third quarter of 2012: revenues at the end of September amounted to 2,860.8 million euros, an increase of 16.6%. Organic growth (i.e. on a like-for-like basis) remained at 8.1% in the third quarter, in line with the first half of the year.
This development confirms the continued strong growth of the Industry, Commodities, Government Services and International Trade divisions and the acceleration of consumer goods (all of these divisions account for about 60% of the Group's turnover). It also confirms the strength of the Certification and Inspection - Check in Service (approximately 20% of sales). Finally, as expected, the Marine and Construction business (approximately 20% of sales) deteriorated.
The gap between real growth (16.6%) organic growth (8.1%) due to the positive impact of exchange rate movements (4.1%) and the change in the scope (4.4%) consolidation of acquisitions (including 6.6% in the third quarter). Since the beginning of the year, the Group has completed 13 acquisitions that allow it to develop its technical expertise in promising market segments (oil drilling, geochemical tests for minerals, electronics tests, automotive) and to strengthen the size of its network in key areas such as North America, Latin America or Germany.
Find out more: https://www.bureauveritas.fr/wps/wcm/connect/bv_fr/local