Bureau Veritas posts 2025 full year results

IIOA member Bureau Veritas confirms its 2025 full year results with headline revenue of EUR 6,466.4 million, up 3.6% (7.3% at constant currency), a 6.5% organic increase.

The outlook for 2026 is of ‘Mid-to-high single-digit organic revenue growth’.

Geographically:

• Europe with 36% of revenue had 4.1% organic growth
• Asia-Pacific at 29% of revenue grew organically 8.3%
• Americas representing 25% of revenue) delivered organic revenue up 4.0%
• Middle East & Africa delivering had organic growth of 16.6%.

Focussing specifically on certification, revenue grew 8.4% to 571.7m EUR, a 7.9% growth, but with a -2.4% currency impact.

Bureau Veritas comments that, ‘Decarbonization services, supply chain resilience, and cybersecurity solutions were instrumental to this growth.

QHSE & Specialized Schemes solutions (53% of divisional revenue) delivered high single-digit organic growth against tougher previous year comparable following a year of recertifications for several schemes across different industries. QHSE delivered mid‑single‑digit growth, driven by strong momentum in the Middle East and Africa. In Specialized Schemes, FSSC food‑safety certifications posted double‑digit organic growth, reflecting sustained demand for voluntary standards. The outsourcing contract in France also supported full‑year growth, with its impact now annualized.

Sustainability-related solutions & Digital (Cyber) certification activities (33% of divisional revenue) recorded double-digit organic growth in 2025. Sustainability services continued to perform strongly, as customers adjusted their programs to increase supply chain audits as well as product life cycle and carbon footprint assessments, including environmental services and carbon and GHG verification. Recent regulatory developments such as CBAM and the EU Green Claims Directive are beginning to drive further growth, with clients seeking independent assurance for compliance with disclosure requirements. Very strong growth and sustained demand were maintained for cybersecurity services, driven by greater customer awareness of cyber risks and stricter regulations like NISS 2 and the EU Cyber Act. The Group secured a contract to support the cybersecurity workstream for autonomous military land vehicles for the European Commission.

Other solutions, including Training (14% of divisional revenue) recorded broadly stable revenue growth during 2025, against a higher basis of comparison in 2024.’

Further details from the Bureau Veritas press release.