Katrien van Buttinga
Investor Relations
Replay available
Fugro N.V. (0LNT) Q1 2026 Earnings Call
Fugro N.V. (LSE: 0LNT) Q1 2026 earnings conference call, held 2026-04-23. Replay captured from the company's public earnings webcast.
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Replay transcript excerpt
WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04264-6737-7412-8f8f-0c0c82ade8a4 Created: 2026-08-27T08:44:33.441Z Duration: 2696.2024 Channels: 1 00:00:00.000 -- 00:00:03.199 The Fugro Q1 trading update will begin shortly. 00:01:01.175 -- 00:01:03.575 Good morning, all. Thank you for dialing in 00:01:03.575 -- 00:01:05.735 to this webcast 00:01:05.735 -- 00:01:07.175 audio webcast. 00:01:07.175 -- 00:01:09.735 Katharine von Wurttinka is my name, Investor Relations. 00:01:09.735 -- 00:01:12.375 I'm here with Marc Heine, CEO and Barbara 00:01:12.375 -- 00:01:13.255 Heide, CFO. 00:01:13.730 -- 00:01:15.890 We have a short presentation 00:01:16.210 -- 00:01:16.770 to 00:01:18.690 -- 00:01:22.130 give to you about the Q1 trading update, 00:01:22.610 -- 00:01:24.450 which will last, I don't know, I think 00:01:24.450 -- 00:01:26.690 around ten, fifteen minutes in total, Max, and 00:01:26.690 -- 00:01:29.585 then we'll open the floor for your questions. 00:01:30.065 -- 00:01:31.665 Marc, please go ahead. 00:01:32.065 -- 00:01:34.625 Yeah, thank you, Catrin. Good morning, everyone. 00:01:35.665 -- 00:01:36.545 Q1 00:01:36.785 -- 00:01:39.185 twenty twenty six trading updates. 00:01:39.825 -- 00:01:42.880 As anticipated, Q1 was seasonally low and the 00:01:42.880 -- 00:01:44.880 market conditions remain challenging. 00:01:45.360 -- 00:01:47.760 We have a lower offshore wind activity 00:01:47.760 -- 00:01:51.600 impacting our top line. Revenue declined by 2.1% 00:01:51.600 -- 00:01:53.600 on a currency comparable basis. 00:01:54.000 -- 00:01:56.320 We saw growth in other markets, especially oil 00:01:56.320 -- 00:01:59.175 and gas and infrastructure, largely offset by offshore 00:01:59.175 -- 00:02:00.455 wind softness. 00:02:00.775 -- 00:02:04.135 The EBITDA m...