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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Fugro N.V.    FUR   NL0000352565

FUGRO N.V.

(FUR)
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Fugro N : detours for Ifremer's Mayotte underwater volcano survey

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05/28/2020 | 10:14am EDT

A Fugro vessel heading from the Netherlands to South Africa has made a 10-day detour to support Ifremer, the French Research Institute for Exploitation of the Sea, in monitoring a giant active underwater volcano off the east coast of Africa.

Ifremer is performing important research on this unique volcano but the latest mission was thrown into jeopardy by the Covid-19 pandemic and associated travel restrictions. When Fugro heard, they diverted the specialist hydrographic survey vessel Fugro Gauss to Mayotte in the Mozambique Channel to support Ifremer's vital hydrographic survey.

Fugro's global hydrographic footprint, combined with its sustained investment in remote operation support solutions, enabled two teams that had never met to collaborate via 'the cloud' and support the Mayotte community. Three hydrographic specialists from Fugro in Bremen, Germany, were responsible for offshore coordination and quality control, while Ifremer's team of four were based in Brest, France.

Bremen-based Dr Marco Filippone, Operations Manager and Chief Hydrographer at Fugro, said: 'We maintained a dedicated and constant survey progress solution throughout the campaign, enabling Ifremer to view the exact position of our vessel as it progressed along the survey line. Ifremer downloaded the complete hydrographic dataset in near real time and our remote support solution seamlessly replicated what Ifremer would have done onboard their own vessel in the Indian Ocean.'

Delighted to have been able to complete the Mayotte survey campaign, Brest-based Dr Carla Scalabrin, Ifremer Head of Mayotte Project Hydroacoustic Team, said: 'It was our first experience of remote working and we never met our Fugro colleagues in person, as the project was planned by email and videoconferencing. Despite these challenges, we quickly established a climate of trust and the data transfer was extremely powerful. This successful survey is the result of a positive and respectful collaboration between the Ifremer and Fugro teams.'

This project for Ifremer aligns with Fugro's commitment to sustainability and its extensive involvement with both the United Nations Decade initiative and the Seabed 2030 project.

For more information

Media

Edward Legierse

media@fugro.com

+31 70 31 11129

Investors

Catrien van Buttingha Wichers

c.vanbuttingha@fugro.com

+31 70 31 15335

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 1 597 M 1 790 M 1 790 M
Net income 2020 -9,90 M -11,1 M -11,1 M
Net Debt 2020 594 M 666 M 666 M
P/E ratio 2020 -3,61x
Yield 2020 -
Capitalization 335 M 377 M 376 M
EV / Sales 2019
EV / Sales 2020 0,58x
Nbr of Employees 9 652
Free-Float 94,8%
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Average target price 5,91 €
Last Close Price 3,75 €
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Mark R. F. Heine Chief Executive Officer
Harrie L. J. Noy Chairman-Supervisory Board
Paul A. H. Verhagen Chief Financial Officer
Jan Carel Maarten Schönfeld Vice Chairman-Supervisory Board
Antonio Jose Campo Mejia Member-Supervisory Board
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