Eiffage: targets additional growth in sales and earnings
(CercleFinance.com) - Eiffage's consolidated sales reached nearly 16.
6 billion euros in 2018, up 9.9% on the basis of a real consolidation scope and up 5.8% like-for-like.
The Group's recurrent operating income came in at 1,857 million euros, up 7.2% (+12.7% in the Works segment, for sales that are up 10.9%).
The group's overall operating margin was 11.2%, compared with 11.5% in 2017.
The group benefited from 22.1% growth in net income, group share, at 629 million euros, compared to 515 million euros in 2017 (excluding the adjustment of non-current deferred taxes).
Meanwhile, its order book of works amounted to 13.9 billion euros (+15%), representing 12.2 months of activity for the Works divisions. Eiffage anticipates a further increase in revenue and results in 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
6 billion euros in 2018, up 9.9% on the basis of a real consolidation scope and up 5.8% like-for-like.
The Group's recurrent operating income came in at 1,857 million euros, up 7.2% (+12.7% in the Works segment, for sales that are up 10.9%).
The group's overall operating margin was 11.2%, compared with 11.5% in 2017.
The group benefited from 22.1% growth in net income, group share, at 629 million euros, compared to 515 million euros in 2017 (excluding the adjustment of non-current deferred taxes).
Meanwhile, its order book of works amounted to 13.9 billion euros (+15%), representing 12.2 months of activity for the Works divisions. Eiffage anticipates a further increase in revenue and results in 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.