Fugro
World's leading Geo-data specialist providing geotechnical, survey and environmental data services.
Fugro Full Year Results 2024 (official press release)Fugro is a Netherlands-based services company that describes itself as the world's leading Geo-data specialist. It collects and analyses comprehensive information about the Earth and the structures built upon it, unlocking insights from Geo-data to help clients design, build and operate their assets safely, sustainably and efficiently. Its work spans both onshore (Land) and offshore (Marine) markets.
Founded in 1962 and headquartered in Leidschendam, Netherlands, Fugro operates offices and specialist facilities in more than 60 countries with a workforce of around 12,000 employees. It provides data collection, analysis and consulting services supporting sectors such as energy transition, ocean protection and urban development, serving clients needing geotechnical and environmental data to ensure operational safety and efficiency.
The company is publicly listed on Euronext Amsterdam under the ticker FUR and is led by CEO Mark Heine. For FY2024, revenue rose 4% to €2.28 billion, EBIT margin climbed to 13.8%, net profit reached €274 million, and operating cash flow was €406 million; the dividend nearly doubled to €0.75 per share. Strong results in Europe-Africa and Asia Pacific offset weaker performances in the Americas and Middle East.
As a Geo-data and survey specialist working across onshore and offshore markets, Fugro is highly relevant to innovations in data acquisition, analysis and remote/autonomous sensing technologies. The company has flagged increased geopolitical and economic uncertainty in early 2025, including adverse developments in the US market, particularly in offshore wind.
Ideas that could help Fugro
- SoilTwin: Predictive Geotechnical Digital Twin Platform
A cloud software platform that fuses soil micro-scale composition data, imaging, and numerical simulation to predict how soil will behave under load, temperature, and moisture changes—helping engineers de-risk foundation and earthwork projects before breaking ground.
Why it helps: Identified as a potential customer for this idea.
- SoilTwin: Multi-Scale Predictive Soil Behavior Engine for Geotechnical Design
A software platform that turns soil composition, mineralogy, and imaging data into predictive models of how soil will deform, transport heat/fluid, and respond to temperature changes — giving engineers reliable behavior forecasts before they break ground.
Why it helps: Identified as a potential customer for this idea.