Bouygues: 9m OP up nearly 6%

(CercleFinance.com) - For the first nine months of 2024, Bouygues has reported a 3.
3% increase in net income, group share, to E687m, as well as a 5.9% increase in operating profit from ordinary activities (ROCA) to E1.72bn, representing a 0.1-point increase in its margin to 4.1%.

This improvement was largely driven by Equans, and to a lesser extent by Bouygues Construction and Bouygues Telecom, while Bouygues Immobilier's ROCA declined, largely due to the sharp drop in its business activity.

The conglomerate's sales reached E41.5bn at end-September, up 1% (+2% LFL), with growth mainly driven by Equans and Bouygues Construction.

Announcing that its order book for construction activities is at a very high level, offering visibility on future activity, Bouygues confirms its outlook for 2024 of slightly higher sales and ROCA.


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