Fugro confirms first-quarter revenue drop
ReutersApr 24, 2025 5:13 AM
April 24 (Reuters) - Dutch geological data specialist Fugro FUGR.AS reported a drop in first-quarter revenue on Thursday, in line with a profit warning it issued earlier this month.
Sales fell 11.1% to 450 million euros ($510.12 million) year-on-year in the first quarter, impacted by a pause in new offshore wind projects in the U.S. and a highly volatile global market environment.
($1 = 0.8821 euros)
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