Double-digit growth in metals and minerals contributed to a solid revenue uplift for French testing, inspection and certification services group Bureau Veritas in the first half of 2025.
The company reported 5.7% year-on-year revenue growth to €3192.5 million for the first six months of the year, with certification and marine and offshore the star performers divisionally. Agri-food and commodities contracted 3.9% yoy overall, but the large metals and minerals segment expanded strongly.
Metals and minerals made up 36% of the division’s €590.1 million sales.
“Onsite laboratory activities remained strong,” Bureau Veritas said.
“Trade activities posted a mid-single-digit organic growth while navigating challenges and delays related to tariff uncertainties.
“North American and Asian operations drove this performance through contract scope expansions.
“The adjusted operating margin for the agri-food and commodities business increased by 200 basis points to 14.3%, overperforming historical trends, even when compared to an exceptionally low 12.3% in the prior year. This was attributed to the recovery of the metal and minerals and government services businesses and a positive scope impact.”
Bureau Veritas said it strengthened its position in the copper market and in Chile with the acquisition of GeoAssay in March 2025.
“The acquired company provides minerals samples analysis to customers across the region,” it said.
“It operates three state-of-the-art laboratories in the country, bringing deep knowledge in robotics, automation, and mining expertise. The acquired company employs 264 technical employees and generated circa-€8 million in revenue in 2024.”
Euronext Paris-listed Bureau Veritas has a current market value of about €12.54 billion.
