Bureau Veritas (BVI) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
19 May, 2026Opening remarks and agenda
The meeting was opened by the Chairman of the Board, with presentations from key executives including the CEO, CFO, and heads of legal and audit functions.
The agenda included approval of financial statements, dividend distribution, board renewals, remuneration policies, and strategic updates.
Financial performance review
Revenue reached €6.47 billion in 2025, up 3.6% (+7.3% at constant currency), with organic growth of 6.5%.
Adjusted operating profit was €1,053 million (+5.7% vs 2024), with a 16.3% margin (+32bps).
Adjusted net profit was €631.4 million (+1.7%), and free cash flow was €824.2 million.
Growth was broad-based across regions and business lines, with strong performance in energy and data centers.
Board and executive committee updates
Mandates of Jean-François Palus and Geoffroy Roux de Bézieux were renewed until the AGM ruling on 2029 accounts.
Olivier Sévillia was appointed as a new independent director.
The board maintained a 58% independence rate and 42% female representation.
Latest events from Bureau Veritas
- Upgraded 2026 outlook after 5.0% organic growth and margin gains, driven by portfolio rotation.BVI
H1 2026 - Q1 2026 organic growth was 4.5%, led by B&I and M&O, despite a 0.8% total revenue decline.BVI
Q1 2026 TU - 6.5% organic growth, margin up, strong cash flow, and positive outlook for 2026.BVI
Q4 2025 - Q3 2025 delivered 6.3% organic growth and strong cash flow, with FY outlook reaffirmed.BVI
Q3 2025 TU - H1 2025 organic revenue up 6.7%, margin at 15.4%, and six acquisitions completed.BVI
H1 2025 - Q3 2024 revenue up 8.8% to €1,555m; 2024 organic growth outlook raised to 9–10%.BVI
Q3 2024 TU - Record H1 2024 with 9.2% organic growth, 15% margin, and upgraded full-year outlook.BVI
H1 2024 - Q1 2025 revenue up 8.3% to €1,558.7m; robust growth and €200m share buyback announced.BVI
Q1 2025 TU - Record 2024 growth, margin gains, and strong cash flow with a positive 2025 outlook.BVI
H2 2024