Bureau Veritas confirms LEAP | 28 ambition, upgrades total revenue growth to double-digit in 2027 – 20281 and targets EUR1 billion revenue in AI-driven markets and services by 2030
Capital Markets Day 2026
Today, Bureau Veritas hosts its Capital Markets Day. The Company will present an update on the progress of its LEAP | 28 strategy, building on three years of successful execution.
- 2024-2026 achievements:
- Proven track record: mid-to-high single-digit organic revenue growth (7-8%) delivered across 2023–2026e2 , with 115 basis points of adjusted operating margin improvement3 ;
- Portfolio transformation on track: c. 21.0% of the portfolio rotated since LEAP | 28 launch, with EUR1.2 billion of revenue acquired, sold or to be exited through 24 acquisitions, 4 divestments and 1 exit;
- New operating model: the active portfolio management delivered allowed the Company to create a new operating model that simplifies its growth algorithm. Combined with a simplified organization with four divisions and ten Product Lines, it sharpens Bureau Veritas’ position as a focused multi-specialist Company;
- Driving growth and profitability: through Portfolio management for leadership, modernizing to maximize Performance, and taking an Expert First approach to People;
- LEAP | 28 guidance update: confirming all ambitions for 2028 and updating the following:
- Total revenue CAGR1 upgraded to double-digit (from high-single digit) for 2027 – 2028,
- Leverage range narrowed to 1.5x to 2.0x (from 1.0 to 2.0x) › AI as a growth catalyst: one governing framework to deploy AI across operations, with a target of EUR1 billion in AI-driven markets and services revenue by 2030.
- AI as a growth catalyst: one governing framework to deploy AI across operations, with a target of EUR1 billion in AI-driven markets and services revenue by 2030.
Hinda Gharbi, Chief Executive Officer, commented:
"Bureau Veritas has successfully executed on its commitments since launching LEAP | 28 in March 2024. We have achieved strong organic growth, improved margins and generated attractive shareholder returns, while navigating a complex macroeconomic environment.
I would like to thank our colleagues around the world for their engagement and their hard work.
Today we confirm our 2028 ambition and move into the next phase of our strategy execution. We have rotated more than a fifth of our portfolio and we now operate under a new Product Line-centric operating model as a multi-specialist Company. We have simplified our growth algorithm by reorganizing into 4 divisions and 10 Product Lines.
In line with our LEAP | 28 plan, we have deployed performance programs that have already delivered 110 basis points of margin improvement. On the People front, we have implemented new capability development programs supporting new strongholds growth.
In 2027 and 2028, we will accelerate acquisitions, and we will complete the full rollout of the performance and people programs and amplify their impact.
AI is a transformative technology that creates multiple opportunities for Bureau Veritas. We will continue to integrate it broadly into our strategic programs. Our ambition is to generate EUR 1 billion in revenue from AI-driven markets and services by 2030.
The first phase of LEAP | 28 execution confirms the effectiveness of our strategy, allowing us to accelerate as we deliver on our ambition and prepare for an increased performance beyond 2028.”
1 At constant currency
2 Based on published FY24, FY25 financial statements and the guidance 2026
3 Based on 2026 consensus estimates