Fugro NV (LTS:0LNT)
€ 16.66505 -0.23189 (-1.37%) Market Cap: 1.81 Bil Enterprise Value: 1.92 Bil PE Ratio: 7.47 PB Ratio: 1.45 GF Score: 76/100

Q1 2023 Fugro NV Trading Statement Call Transcript

Apr 26, 2023 / 06:30AM GMT
Release Date Price: €13.12 (+2.93%)
Catrien van Buttingha Wichers
Fugro N.V. - Director of IR

Good morning, everybody. Thank you for dialing in to this Q1 trading update call from Fugro. I'm Catrien van Buttingha, Investor Relations. Here with Mark Heine, CEO, Barbara Geelen, CFO. We have a short presentation, it's a trading update, and we know that everybody has a very busy day ahead of them. So that will take about 10 minutes. Thereafter, there will be room for your questions. Mark, I'd like to turn it over to you, please.

Mark Rembold Frodo Heine
Fugro N.V. - Chairman of Management Board & CEO

Yes. Good morning, everyone. Welcome to this call around the first quarter trading results of Fugro. They clearly represent another further step up in our performance. We are also delivering on an ongoing significant demand from our clients, and that's particularly in the offshore wind farm development. Site characterization solutions are in high demand there. And we see, yes, they have a more ambitious energy transition road maps in numerous countries, but also renewed interest in the traditional

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