Fugro Soil Researcher CEO Mark Heine Sees a Lull in Major Offshore Orders: 'A Turning Point Not Until 2027'

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The tentative recovery at Fugro over the past few months has had little effect on investors. Heavy selling pressure pushed the stock back by up to 15 percent. "Order expectations for the coming half-year are now going down a bit further than we thought," CEO Mark Heine said when asked. Orders from the offshore wind market fell by half. And that pain is not over.