Annual Report

The report says revenue rose to EUR 2,572.2 million in 2014 despite a sharp deterioration in the oil and gas market, while impairments and write-offs totaled EUR 630.0 million. The company redirected its strategy toward its geotechnical and survey activities and began group-wide cost and workforce reductions. It also reported an 11% reduction in lost time injuries and a 40% reduction in lost work days.