Latest news with #Fugro
Yahoo
03-08-2025
- Business
- Yahoo
Fugro First Half 2025 Earnings: Misses Expectations
Fugro (AMS:FUR) First Half 2025 Results Key Financial Results Revenue: €904.7m (down 17% from 1H 2024). Net loss: €18.3m (down by 116% from €112.5m profit in 1H 2024). €0.16 loss per share (down from €1.00 profit in 1H 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Fugro Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) was also behind analyst expectations. Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Construction industry in Europe. Performance of the market in the Netherlands. The company's shares are down 10% from a week ago. Risk Analysis You should learn about the 2 warning signs we've spotted with Fugro. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Irish Independent
27-07-2025
- Business
- Irish Independent
Progress made on offshore wind plans as surveys on Wexford beaches begin
EirGrid, the operator and developer of Ireland's electricity grid, will begin the surveys, conducted by Fugro, this month, and are expected to be completed by September 2025. Engagement is ongoing between councils, local communities, and landowners with EirGrid in relation to these works as some of the landfall surveys are on private lands, however surveys are also scheduled on public beaches at potential landfall locations. The beaches where non-intrusive surveys will take place are Ballycroneen and Ballycrenane in County Cork and Carnivan, Long Gap and Blackhall Beach in County Wexford. These surveys will enable progress on EirGrid's Powering Up Offshore - South Coast project, which aims to deliver the grid transmission infrastructure needed to connect 900 MW of offshore wind generation to onshore grid connection points along Ireland's south coast. Fugro will perform comprehensive geophysical, geotechnical, environmental and metocean surveys within Maritime Area A, or Tonn Nua of the Irish Government's South Coast Designated Maritime Area Plan, as well as intertidal, non-intrusive landfall investigations involving geophysical and environmental surveys. Ahead of the beginning of the survey works, the Chief Transformation and Technology Officer at EirGrid, Liam Ryan said: 'These surveys are key for assessing seabed conditions, soil properties, and environmental impacts across the landfall, intertidal, nearshore, and offshore zones related to cable corridors for the project. "The insights gained as a result of this work will play a key role in informing plans for the installation of the transmission infrastructure for offshore wind energy and will guide how EirGrid progress the project in a way that is best for our marine ecosystem and local communities.' Powering Up Offshore – South Coast is an integral part of the Irish Government's climate action plan targets to expand Ireland's renewable energy capacity to 80 percent renewable energy, including at least 5 GW of offshore wind energy. For more information about the Powering Up Offshore - South Coast project visit
Yahoo
30-06-2025
- Business
- Yahoo
Petrobras Taps Fugro for Critical Subsea Inspection Contracts
Petróleo Brasileiro S.A. - Petrobras PBR recently announced its tender results and awarded four multi-year contracts to Fugro, a long-term collaborator known for its technological expertise in subsea inspection and monitoring. These contracts, set to begin in the fourth quarter of 2025, will ensure safe and efficient oversight of Petrobras' critical subsea infrastructure in Brazil, while also aligning with its vision for a responsible and resilient energy future. The contracts will utilize four dedicated vessels — two operated by Fugro and two by its partners — equipped with state-of-the-art remotely operated vehicles (ROVs). This innovative technique will help shift personnel from offshore sites to office-based environments, improving efficiency and allowing real-time data analysis for quicker, more informed decision-making. This collaboration expands the use of Fugro's remote operations capabilities, including remote ROV piloting, which was successfully pioneered together by Petrobras and Fugro in 2023 from the Fugro Aquarius. This innovative approach not only boosts operational safety by reducing offshore personnel exposure but also supports faster, data-driven decision-making through real-time analytics. Valued at approximately $340 million over four years, these contracts represent both continuity and evolution. Out of the four contracts, three will be renewals of the existing contracts that are set to expire later this year with improved terms, and one will be an entirely new engagement. This significant milestone reinforces Fugro's long-standing partnership with Petrobras, built on a shared history of leveraging advanced survey technologies and underwater robotics to drive responsible energy development in the region. It also aligns with Fugro's strategy of pursuing recurring revenues as a key driver of long-term, sustainable value. Petrobras' selection of Fugro reaffirms confidence in its ability to deliver critical services reliably and safely. This project, which was included in Fugro's 12-month backlog (as of March 2025), further strengthens its strategic agenda to foster innovation, ensure asset integrity and reinforce leadership in Brazil's offshore development. Headquartered in Rio de Janeiro, Petroleo Brasileiro S.A., or Petrobras S.A., is the largest integrated energy firm in Brazil and one of the largest in Latin America. Currently, PBR has a Zacks Rank #3 (Hold). Investors interested in the energy sector might look at some better-ranked stocks like BKV Corporation BKV, Subsea 7 S.A. SUBCY and Oceaneering International, Inc. OII. While BKV and Subsea 7 currently sport a Zacks Rank #1 (Strong Buy) each, Oceaneering carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. BKV Corporation is an energy company that produces natural gas from its owned and operated upstream businesses. The Zacks Consensus Estimate for BKV's 2025 earnings indicates 338.18% year-over-year growth. Subsea 7 operates as an engineering, construction and services contractor to the offshore energy industry worldwide. The Zacks Consensus Estimate for SUBCY's 2025 earnings indicates 95.52% year-over-year growth. Houston, TX-based Oceaneering is one of the leading suppliers of offshore equipment and technology solutions to the energy industry. The Zacks Consensus Estimate for OII's 2025 earnings indicates 57.02% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Petroleo Brasileiro S.A.- Petrobras (PBR) : Free Stock Analysis Report Oceaneering International, Inc. (OII) : Free Stock Analysis Report Subsea 7 SA (SUBCY) : Free Stock Analysis Report BKV Corporation (BKV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
10-06-2025
- Business
- Yahoo
Fugro N.V. (AMS:FUR) most popular amongst individual investors who own 50% of the shares, institutions hold 47%
The considerable ownership by individual investors in Fugro indicates that they collectively have a greater say in management and business strategy 49% of the business is held by the top 25 shareholders Recent sales by insiders AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To get a sense of who is truly in control of Fugro N.V. (AMS:FUR), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 50% to be precise, is individual investors. Put another way, the group faces the maximum upside potential (or downside risk). Meanwhile, institutions make up 47% of the company's shareholders. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Let's take a closer look to see what the different types of shareholders can tell us about Fugro. See our latest analysis for Fugro Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Fugro already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Fugro's historic earnings and revenue below, but keep in mind there's always more to the story. We note that hedge funds don't have a meaningful investment in Fugro. Looking at our data, we can see that the largest shareholder is NN Group N.V, Asset Management Arm with 15% of shares outstanding. For context, the second largest shareholder holds about 4.0% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder. A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own some shares in Fugro N.V.. The insiders have a meaningful stake worth €46m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently. With a 50% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Fugro. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Fugro has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Trade Arabia
02-06-2025
- Business
- Trade Arabia
Fugro secures gas field development deal in Southeast Asia
Fugro has signed a letter of award to perform a site characterisation programme for a deepwater gas field development in Southeast Asia. This significant award represents the largest geotechnical and geophysical survey project for Fugro in the Asia Pacific region to date, reflecting the positive momentum of deepwater developments in the region, the company said. This complex project builds on a combination of Fugro's onshore, nearshore and offshore geophysical and geotechnical survey services. Geo-data acquisition is scheduled to commence in the third quarter of 2025, with fieldwork estimated to last approximately one year. Detailed testing and consulting deliverables will continue into 2027. Supporting site planning and engineering design, the resulting ground model will be made available to project owners in near real-time, to facilitate faster decision-making by project engineers and improved collaboration with stakeholders including regulatory agencies.
