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Last €19.08 EUR
Change Today -0.77 / -3.90%
Volume 754.1K
FUR On Other Exchanges
EN Amsterdam
As of 11:35 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

fugro nv-cva (FUR) Snapshot

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08/11/14 - €30.79
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11/4/14 - €8.67
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fugro nv-cva (FUR) Details

Fugro N.V. acquires and interprets Earth and engineering data to support the design, construction, installation, repair, and maintenance of offshore and onshore infrastructure worldwide. The company’s Geotechnical division investigates the engineering properties and geological characteristics of near-surface soils and rocks; advises on foundation design; and provides construction materials testing, pavement assessment, and installation support services. This division provides its services for the support of infrastructure development and maintenance, large construction projects, flood protection, and support of the design and installation of oil and gas facilities, as well as wind farms in onshore, near shore, and offshore environments. Its Survey division provides offshore services, including geophysical investigations for geohazards, pipeline, cable routes, inspection and construction support services, hydrographic charting, and meteorological and oceanographic studies; and geospatial services concentrating on land survey, and aerial and satellite mapping services for clients in support of the oil and gas industry, renewable energy, and commercial and civil industries, as well as governments and other organizations. This division also manages global positioning systems. The company’s Subsea division provides subsea services, such as the use of remotely operated vehicles (ROV) to support exploration drilling; field development, installation and construction support, long term inspection repair, and maintenance services for subsea assets; and tooling and engineering services to enable the design and build of purpose-built tools and interfaces for ROV-based activities. Its Geoscience division provides services and products to acquire geophysical data that are used for the exploration, appraisal, development, and production of offshore natural resources. Fugro N.V. was founded in 1962 and is headquartered in Leidschendam, the Netherlands.

12,719 Employees
Last Reported Date: 02/27/15
Founded in 1962

fugro nv-cva (FUR) Top Compensated Officers

Chairman of The Board of Management and Chief...
Total Annual Compensation: €901.7K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €450.0K
Director of Subsea Services/Geoscience Divisi...
Total Annual Compensation: €665.8K
Compensation as of Fiscal Year 2014.

fugro nv-cva (FUR) Key Developments

Fugro N.V. Receives Contract from SP Energy to Deploy Roames Service in UK

Fugro N.V. has received a contract from SP Energy Networks to deploy the Roames service in the UK. Fugro will reportedly deploy the service over 13,200 circuit kilometers of the utility company's overhead power line network in Scotland and Wales as an integral part of their Virtual World Asset Management innovation project. By implementing Roames on close to one third of its overhead distribution network, SP Energy Networks will work with Fugro to quantify the operational and business benefits of virtual world asset management solutions to UK distribution network operators. As part of this project, Fugro will deliver vegetation and conductor clearance services built upon a centimeter accurate 3D model of the real world environment, to assess and monitor the network's condition and performance.

Fugro Extends Contract with McDermott Middle East

Fugro has been awarded a three-year extension to its existing contracts with McDermott Middle East Inc. The contract covers the provision of survey, positioning, remotely operated vehicle (ROV) and diving services in the United Arab Emirates, Qatar, India and Saudi Arabia. McDermott currently operates two major work barges in the region as well as a large number of other support vessels.

Fugro NV Reports Unaudited Earnings Results for the First Quarter of 2015; Provides Earnings Guidance for the Full Year 2015 and 2017

Fugro NV reported unaudited earnings results for the first quarter of 2015. For the quarter, the company's revenue was €594.3 million against €535.5 million a year ago. EBIT margin improved compared to the relatively weak first quarter of 2014. Positive cash flow from operating activities after investments. Based on cost reduction and performance improvement measures, the company expects to generate strong cash flow from operating activities after investments. And the mid-term outlook for 2017 is unchanged. CapEx would be substantially lower than what the company had in the year 2014.


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