BUREAU VERITAS

AlphaBlunt!

10/07/25 -"Leap 28 II"

Pages
6
Language
English
Published on
10/07/25

EXECUTIVE SUMMARY

• The emancipation of Bureau Veritas is underway.
• The deployment of the operational component is accelerating.
• The institutional component is slower to take shape. The Board of Directors remains too domestic and lacks sufficient expertise to support Hinda Ghardi’s project.

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO