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Full Year 2019 Bureau Veritas SA Earnings Call Transcript
Good morning, good afternoon and good evening to everyone. Thank you for joining Bureau Veritas full year 2019 results on the webcast and on the call. François Chabas, our group CFO, is here with me to present our full year results.
We closed the year with excellent operational and financial performance. Record revenues and cash generation were delivered. We achieved the highest quarterly organic growth for 7 years, which took our revenues through the EUR 5 billion mark for the first time ever. Cash generation was close to EUR 620 million, a record performance cementing our strong financial credentials.
2019 was the fourth year of the rollout of our strategic plan, and the momentum has continued. We made further significant steps in the diversification of our portfolio with selective bolt-on acquisitions and targeted disposals. The growth momentum across our businesses demonstrates the strong fundamentals that have been built over the past 4 years.
Building & Infrastructure grew 6.8%; Agri-Food &
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