Fugro N.V. (FUGRF) Update to Financial Guidance for 2025 Conference (Transcript)

Core Viewpoint - Fugro has withdrawn its financial guidance for the full year 2025 due to significant changes in market conditions, particularly in recent weeks [2] Group 1: Financial Guidance - The company no longer anticipates the previously expected 20% revenue growth for 2025, although an improvement in the second half of the year compared to the first half is still expected [2] - Projects have been postponed or descoped, with some being moved to 2026 [3] Group 2: Market Impact - Recent developments are particularly evident in the offshore wind sector, as well as in the oil and gas market [4]