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Fugro

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Fugro - Aerospace showcase

Year Founded & Workforce

1962

10,265 Employees

Industry

Aerospace

Services

Offshore PipelinesDeepwater SurveyAutonomous Underwater Vehicle (AUV) used for survey
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Fugro Employee Contacts

215 verified contactsNames, job titles, seniority and locations

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Fugro Overview

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Founded: 1962

Workforce: ~10,265

Company Working: Fugro is one of the leading providers of geo-intelligence and asset integrity solutions for construction, natural resources, and infrastructure. It provides information and technical data required to design, construct, and maintain structures. The company operates through three business segments—marine, land, and geoscience. The marine segment includes marine site characterization and marine asset integrity. Fugro caters to industries such as oil & gas, power, building and infrastructure, and mining.

The company has 40 laboratories, 16 research & development centers, and 32 consulting services with a presence in over 65 countries. William Lettis & Associates, Inc., Fugro GeoServices Limited, Fugro Survey BV, and Maps Geosystems are some of the subsidiaries of the company.

Strategy

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Company Snapshot

$1,872M

Revenue

10,265

Employees

1962

Founded

Leidschendam, Netherlands

Headquarters

SWOT Analysis

Strengths

  • Diverse service portfolio
  • Wide global customer base
  • Extensive distribution network

Weaknesses

  • Limited investments in research & development

Opportunities

  • Mergers & acquisitions
  • Expansion opportunities in Latin America and Middle East & Africa

Threats

  • Fluctuating currency exchange rate

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Key Developments

DateApproachDevelopment
April 2018ContractFugro signed a contract with seafloor mineral exploration company, Nauru Ocean Resources Inc. (NORI), a subsidiary of DeepGreen Metals Inc. to reform detailed site characterization surveys in the deep waters of the eastern Pacific Ocean. The contract helped it to increase its financial position in the global AUV market

Product Offering

  • Fugro
    • Offshore Pipelines
    • Deepwater Survey
    • Autonomous Underwater Vehicle (AUV) used for survey

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 1,965.7 Mn in 2016 to USD 1,948.6 Mn in 2018.
Fugro — By Business Segment
Series (USD Mn)201620172018
Sales1,965.71,691.61,948.6

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