Bouygues

EN

Equity

ISIN FR0000120503 / Valor 487662

Euronext - Euronext Paris (2024-12-24)

EUR 27.99-0.32%

Bouygues
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About company

Bouygues is a French multinational conglomerate that operates in the construction, telecommunications, and media sectors. The company is involved in building and civil engineering projects, as well as providing telecommunications services and operating television channels. Bouygues is one of the largest construction companies in the world and is a major player in the French telecommunications market.

Summarized from source with an LLMView SourceSector: Industrials

Sales Growth

Bouygues reported sales of €41.5 billion for the first nine months of 2024, marking a 1% increase compared to the same period in 2023. This growth was primarily driven by Equans and Bouygues Construction. When adjusted for like-for-like and constant exchange rates, sales saw a 2% year-on-year increase.

Operating Profit

The current operating profit from activities (COPA) for Bouygues in the first nine months of 2024 was €1,719 million, which is an increase of €96 million from the previous year. This improvement was mainly attributed to Equans, with a significant contribution from Bouygues Construction and Bouygues Telecom, although Bouygues Immobilier experienced a decline.

Net Profit

Bouygues's net profit attributable to the Group for the first nine months of 2024 was €687 million, up by €22 million compared to the same period in 2023. This figure includes various financial adjustments, such as amortisation and impairment of intangible assets and net non-current charges.

Net Debt

As of the end of September 2024, Bouygues's net debt stood at €8.5 billion, showing an improvement compared to the end of September 2023. The net gearing ratio was reduced to 61% from 74% in the previous year, indicating better financial leverage.

2024 Outlook

Bouygues has confirmed its outlook for 2024, expecting sales and current operating profit from activities to be slightly up compared to 2023. The company anticipates continued improvement in Equans's results and acknowledges the challenging market environment for Bouygues Immobilier, with low visibility on recovery timelines.

Summarized from source with an LLMView Source

Key figures

-18.4%1Y

-9.71%3Y

-26.6%5Y

Performance

20.5%1Y

19.8%3Y

29.2%5Y

Volatility