Colas: expects sales to fall slightly in 2020

(CercleFinance.com) - Colas' consolidated sales amounted to 13.
7 billion euros in 2019, up 4% compared to 2018
(+5% at constant consolidation scope and exchange rates and +7% excluding Smac).

Sales rose 2% in France (+9% at constant scope) and 5% abroad (+1% at constant scope and exchange rates).

Operating profit was 405 million euros, compared to 342 million euros in 2018, up 63 million euros. Net income, group share reached 261 million euros in 2019 compared to 227 million euros in 2018, up 34 million euros.

Colas' net income came in at 210 million euros in 2019, compared to 386 million euros in 2018.

It expects a slight fall in sales this year.


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