Bureau Veritas Reports Increased Growth and Margin in H1 2026
Testing and certification company Bureau Veritas reported 5.0% organic revenue growth for the first half of 2026, with Q2 accelerating to 5.5%. The company also improved its profitability and raised its full-year outlook.
Testing, inspection, and certification services provider Bureau Veritas announced its first-half 2026 results, reporting a 5.0% increase in organic revenue for the period. The company saw sequential improvement, with second-quarter organic growth reaching 5.5%. Bureau Veritas also reported a continued expansion of its adjusted operating margin, which reached 15.5%.
Total revenue for the first half of 2026 was EUR 3,258.4 million, a 2.1% increase year-on-year. Adjusted operating profit grew by 3.1% to EUR 506.5 million. Adjusted net profit rose 3.9% to EUR 303.8 million, with adjusted earnings per share at EUR 0.68, a 4.8% increase on a reported basis.
Bureau Veritas continued to execute its portfolio refocusing strategy under its LEAP | 28 plan. Year-to-date, the company announced five acquisitions totaling approximately EUR 138 million in annualized 2025 revenue, alongside a significant divestment agreement representing about EUR 450 million in annualized 2025 revenue. These transactions aim to strengthen the company's exposure to higher-growth and higher-margin markets.
Building on its first-half performance and strategic execution, Bureau Veritas has upgraded its full-year 2026 guidance. The company now targets mid-to-high single-digit organic revenue growth, an increase from the previous mid-single-digit forecast. The outlook also anticipates continued improvement in the adjusted operating margin at constant exchange rates and strong cash flow generation.