Eiffage: targets net income in the same range as 2023

(CercleFinance.com) - -


Eiffage posted consolidated sales of 5.
9 billion euros in Q3 2024, up 7.7% on Q3 2023 (+7.9% in Works and +7.0% in Concessions).

The Group's consolidated sales at September 30, 2024 thus reached 17.0 billion euros, up 6.8% on an actual basis and 3.6% like-for-like.

In Contracting, sales rose by 7.0% (+3.5% L/L) compared with 2023, to 14.0 billion euros, of which 40% outside France (36% in 2023).

'Eiffage enjoys strong visibility in Contracting, based on a still solid order book of 28.8 billion euros at September 30, 2024, up 47% year-on-year (+1% over 3 months). It represents 18.1 months of activity. Order intake in the 3rd quarter remained buoyant' says the Group.

The Group forecasts an increase in business in both Concessions and Contracting. Operating income before non-recurring items, boosted in particular by a further increase in the operating margin of Eiffage Energie Systèmes, will be up in Works.

Eiffage expects net income, Group share, to be in the same range as in 2023, on a constant corporate income tax basis.

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