Annual report

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For Fugro, 2025 proved to be a challenging year. Rapidly changing energy markets – especially the headwinds facing offshore wind projects in several countries – resulted in a marked slowdown in early‑stage site characterisation work.

This year highlighted how global developments shape the energy and infrastructure landscape. Rising geopolitical tensions are reinforcing the need for national security and secure energy supply, while pressure on the energy transition is increasing, alongside growing demand for modern supply chains and infrastructure. At the same time, population growth and the rapid rise of artificial intelligence are driving sustained, structural increases in energy demand.

Full 2025 annual report

View our annual report online or download a PDF:

Electronic reporting format

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Annual report 2025

Previous annual reports

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Annual report 2024

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Annual report 2023

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Annual report 2022

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Annual report 2021

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Annual report 2020

For earlier versions, please check our Publications centre.

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