Eiffage: Q1 sales fall 4.3% to E3.7bn

(CercleFinance.com) - Eiffage's Q1 2020 consolidated revenues came in at 3.
7 billion euros, down 4.3% y-o-y (-5.3 % LFL).

Contracting sales fell by 5.3% (-5.5% LFL), reaching almost 3.1 billion euros.

In Construction in France, revenues fell 12.1% to 602 million euros. Meanwhile, elsewhere in Europe they fell 13.9% (-15.5% LFL) to 205 million euros. In real estate, revenues decreased 11.2 % to 182 million euros, although were still above their level in 2018.

"At 31 March 2020, the order book stood at E15.0bn for Contracting, a decrease of 2% year-on-year (but an increase of 5% over three months). This represents 12 months of activity for the Contracting divisions. The order book does not include the two major contracts mentioned above, which were closed at the start of April," the group said.



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