Bouygues: Alstom contribution increases slightly
(CercleFinance.com) - Following the publication of Alstom's H1 results, Bouygues announces that the rail equipment supplier's contribution to its net profit for the first nine months of 2019 amounts to 238 million euros, compared with 230 million euros for the same period in 2018.
This contribution includes a net capital gain of 172 million euros from Bouygues' sale of 13% of Alstom's capital on 12 September, the conglomerate said, which still has a 14.7% stake in Alstom's capital.
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This contribution includes a net capital gain of 172 million euros from Bouygues' sale of 13% of Alstom's capital on 12 September, the conglomerate said, which still has a 14.7% stake in Alstom's capital.
Copyright (c) 2019 CercleFinance.com. All rights reserved.