Q3 2022 Fugro NV Trading Statement Call Transcript
Good morning. Thank you for dialing in to the trading update webcast of Fugro. I'm here with Mark Heine, CEO; Barbara Geelen, CFO, Fugro. They have a presentation short. One will last about 20 minutes or so. Afterwards, they will be able to answer your questions.
I'd like to hand over to Mark now.
Yes. Good morning, everyone. Thank you, Catrien. I'm pleased to report some solid set of results for the third quarter. And we have to see that in the volatile times that we continue to experience strong top line growth, in particular for offshore winter solutions.
The EBIT margin continues also our upward trajectory. It improves in all the regions, all the business lines. Through improved pricing of our solutions, we are mitigating also the impact of the unprecedented inflation and supply chain pressures.
We generated a free cash flow of EUR 70 million. And with our solutions for the energy transition,
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