Mid-term outlook

In 2014 Fugro formulated mid-term targets, both for the group and per division. Adjusted to the divisional structure as per 2017, the targets are as follows: 

target range
EBIT margin group 8 – 12%
EBIT margin Marine division 10 – 13%
EBIT margin Land division 8 – 11%
EBIT margin Seabed Geosolutions  5 – 10%
Return on capital employed group 8 – 12%

The timeframe in which Fugro will realise these targets is dependent on a structural recovery of the oil and gas market. In the current challenging market, Fugro will continue to focus on recovering profitability and delivering positive cash flow.

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