Katrien van Buttinga
Head of Investor Relations
Replay available
Fugro N.V. (0LNT) Q3 2025 Earnings Call
Fugro N.V. (LSE: 0LNT) Q3 2025 earnings conference call, held 2025-11-01. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Mark Heine
Chief Executive Officer
Barbara Gele
Chief Financial Officer
David Kerstens
Analyst, Jefferies
Philip Noto
Analyst, Kappashuru
Jeremy Kinshade
Analyst, Kempen
Chase McIlder
Analyst, ABM Emerald
Thomas Martin
Analyst, MP Paribas
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Fugro Nv.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:04.297 Good morning, everyone. I'm Katrien van Buttinga, Fugro Investor Relations. 00:00:04.297 -- 00:00:10.125 Thank you for attending this Q3 trading update 00:00:10.125 -- 00:00:13.310 webcast and analyst call. 00:00:13.310 -- 00:00:17.736 First, you're all in listen-only mode. We have a presentation. 00:00:17.736 -- 00:00:23.164 Mark Heine, CEO, and Barbara Gele, CFO. I think that that will last around 00:00:23.164 -- 00:00:26.923 20 minutes or so. And 00:00:26.923 -- 00:00:31.049 thereafter, there'll be room for your questions. 00:00:31.049 -- 00:00:34.651 Mark, I'd like to hand over to you now, please. 00:00:34.714 -- 00:00:37.798 Yeah, thank you, Katrien. Good morning, good afternoon, everyone. 00:00:37.798 -- 00:00:42.184 Welcome to the Q3 2025 trading update. 00:00:42.184 -- 00:00:46.890 So we start with the first slide 00:00:46.890 -- 00:00:50.352 and have a look at the key financial headlines of our results. 00:00:50.352 -- 00:00:55.720 The year 2025 has turned out to be a difficult year up to now, with 00:00:55.720 -- 00:01:00.047 lower revenue against a very volatile market backdrop, 00:01:00.047 -- 00:01:04.253 something I will elaborate on a little bit more shortly. 00:01:04.253 -- 00:01:07.959 Still, the third quarter did show an anticipated performance improvement compared to 00:01:07.959 -- 00:01:11.965 the first half of the year, and we're now at 12.9% 00:01:11.965 -- 00:01:17.336 for Q3. The EBIT margin reflects a notable improvement Obviously, compared 00:01:17.336 -- 00:01:23.447 to the first quarter where we have a margin around zero and a 4.3% 00:01:23.447 -- 00:01:28.736 margin in the second quarter. Compared to Q3 2024, however, the decline 00:01:28.736 -- 00:01:31.761 was primarily driven by lower revenue. 00:01...