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BureauVeritas:RobustandConsistentRevenuePerformanceDeliveredinQ32025;FY2025OutlookReaffirmed
===2025-10-24 9:57:29===
YIELD



Double-digit returns





CASH



Strong cash conversion8: above 90%








Over the period 2024-2028, the use of Free Cash Flow generated from the Company’s operations will be balanced between Capital Expenditure (Capex), Mergers & Acquisitions (M&A), and shareholder returns (dividends):






ASSUMPTIONS









CAPEX



Around 2.5%-3.0% of Company revenue





M&A



M&A acceleration





DIVIDEND



Pay-out of 65% of Adjusted Net Profit


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