Full Year 2022 Fugro NV Earnings Call Transcript
Very welcome. Good afternoon to everyone to the full year result presentation of 2022. Very welcome to everyone here in the room but also obviously on the webcast. I would like to go to the first present slide, which presents the key messages, and that's actually well represented by the headers in the slide. We saw strong revenue growth in 2022 of 14.8%, with margin expansion, whilst we also see the need for further investments to cater for the growth in the future.
If we look at the details of the finances, Barbara Geelen, our CFO, will do that a little bit later, but the highlights are obviously the margin improvement coming up to 6.1%. Let me be clear. That's not where we want to end up. We have targets for the midterm that are higher between 8% and 12%, but we feel that we are well on track to meet those targets. What is good to see there is that it's actually supported by all regions and all business lines, which is, I think, very powerful to see because we have seen other years where this was not the case.Â
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