TranscriptsNetherlandsNov. 01, 2025 1:36 AM ETFugro N.V. (FUGRF) StockFUGRFSA Transcripts156.34K FollowersFugro N.V. (OTCPK:FUGRF) Q3 2025 Sales Call October 31, 2025 4:30 AM EDTCompany ParticipantsCatrien van Buttingha Wichers - Director of Investor RelationsMark Heine - Chairman of Management Board & CEOBarbara P. Geelen - CFO & Member of Board ManagementConference Call ParticipantsLuuk Van Beek - Banque Degroof Petercam S.A., Research DivisionDavid Kerstens - Jefferies LLC, Research DivisionPhilip Ngotho - Kepler Cheuvreux, Research DivisionJeremy KincaidThijs Berkelder - ODDO BHF Corporate & Markets, Research DivisionQuirijn Mulder - ING Groep N.V., Research DivisionThomas Martin - BNP Paribas, Research DivisionPresentationCatrien van Buttingha WichersDirector of Investor RelationsGood morning, everyone. I'm Catrien van Buttingha, Fugro Investor Relations. Thank you for attending this Q3 Trading Update Webcast and Analyst Call. [Operator Instructions] Mark Heine, CEO; and Barbara Geelen, CFO. I think that, that will last around 20 minutes or so and thereafter, there will be room for your questions.Mark, I'd like to hand over to you now, please.Mark HeineChairman of Management Board & CEOYes. Thank you, Catrien. Good morning, good afternoon, everyone. Welcome to the Q3 2025 trading update. So we start with the first slide and have a look at the key financial headlines of our results.The year 2025 has turned out to be a difficult year up to now with lower revenue against a very volatile market backdrop, something I will elaborate on a little bit more shortly. Still, the third quarter did show an anticipated performance improvement compared to the first half of the year, and we're now at 12.9% for Q3. The EBIT margin reflects a notable improvement, obviously, compared to the first quarter where we have a margin around 0 and a 4.3% margin in the second quarter.Compared to Q3 2024, however, the decline was primarily driven by a lowerRead more current FUGRF analysis and newsView all earnings call transcriptsCommentsRecommended For You