Eiffage SA

FGR

Equity

ISIN FR0000130452 / Valor 76058

Euronext - Euronext Paris (2025-03-13)

EUR 106.00-0.75%

Eiffage SA
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About company

Eiffage SA is a prominent European construction and concessions company with a diversified portfolio that spans several key sectors of the economy. The company operates through its main business lines, including construction, infrastructure, energy, and concessions, offering a comprehensive range of services from planning and design to construction and maintenance of projects. Eiffage stands out for its involvement in the development of resilient and sustainable cities and infrastructure, reflecting a commitment to integrating environmental considerations into its operations. While the company emphasizes its environmental strategy, its core business activities encompass a broad spectrum of projects, including public works, civil engineering, building construction, and energy projects, as well as the management of concession assets such as toll roads and public facilities. Through its extensive expertise and innovative approach, Eiffage plays a significant role in shaping the built environment and contributing to the development of modern infrastructure across Europe and beyond.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

Eiffage SA reported a significant increase in revenue for the period ended 30 September 2024. The company's consolidated revenue reached €17.0 billion, marking a 6.8% increase compared to the same period in 2023. This growth was driven by a 7.0% rise in Contracting revenue and a 6.1% increase in Concessions revenue.

Third-Quarter Performance

In the third quarter of 2024, Eiffage SA achieved consolidated revenue of €5.9 billion, reflecting a 7.7% growth compared to the third quarter of 2023. The Contracting segment saw a 7.9% increase in revenue, while the Concessions segment experienced a 7.0% rise, contributing to the overall positive performance.

Order Book Expansion

Eiffage SA's Contracting order book expanded significantly, reaching €28.8 billion by the end of September 2024. This represents a 47% increase year-on-year and an 11% growth since the start of the year, indicating strong future business prospects for the company.

Financial Position

The company maintained a robust financial position with a liquidity of €4.2 billion as of 30 September 2024. This includes €2.2 billion in cash and cash equivalents, along with an undrawn bank credit facility of €2 billion. Eiffage SA's liquidity improved by €0.7 billion compared to the previous year.

Operating Outlook

Eiffage SA confirmed its operating outlook for 2024, anticipating continued revenue growth in both Contracting and Concessions segments. The company expects an increase in Contracting operating profit on ordinary activities, while Concessions operating profit may be impacted by a new transport infrastructure tax. The net profit Group share is projected to remain consistent with 2023 on a constant corporation tax basis.

Summarized from source with an LLMView Source

Key figures

2.91%1Y

19.0%3Y

58.2%5Y

Performance

23.6%1Y

21.5%3Y

28.9%5Y

Volatility