The outlook across Fugro’s market segments is positive. Offshore wind developments continue to grow and the oil and gas market is gradually recovering. In the building and infrastructure market Fugro expects continued growth, driven by a strong global economy, population growth and urbanisation.
For 2018, Fugro expects revenue growth and a marginally positive EBIT margin. Fugro also expects a positive cash flow from operating activities after investments, dependent on revenue growth and the related working capital requirement at year-end. Capex is expected to be around EUR 80 million.