Core Viewpoint - Fugro has withdrawn its financial guidance for the full year 2025 due to significant changes in market conditions, particularly recent developments affecting project timelines [2]. Company Summary - The company anticipates a notable improvement in the second half of the year compared to the first half, but the previously expected 20% revenue growth is no longer realistic [2]. - Projects have been postponed or descoped, with some being moved to 2026, impacting the company's financial outlook [3]. - A further update will be provided during the Q3 trading update scheduled for October 31 [3]. Industry Summary - Recent developments in the offshore wind sector and the oil and gas market have been significant, affecting activity levels [4].