Business Services: Top Picks : Strong prospects and better valuation for TIC companies. Top Picks Bureau Veritas

For Q2 2013, our top pick is Bureau Veritas (Buy, FV EUR125).

News published on April Thursday 11, 2013
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Fundamentals in the TIC market remain buoyant notably in view of the globalisation of trade, the emergence of new technologies and, above all, the rising awareness of public bodies and consumers in terms of controlling QHSE risks. After FY 2012 results, we have updated our forecasts and significantly increased our Fair Value taking into account higher valuation assumptions in our DCF calculation to better reflect the quality of fundamentals.


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