Report

Bouygues : A very good publication in telecoms, October’s warning appears to have been a one-off

>A solid publication in telecoms, in line in construction - Bouygues published Q3 revenues that came in 4.8% above forecasts, up +9.6% (vs +7.8% in Q2) to € 9,476m. The contribution from Miller McAsphalt at Colas offset the impact of the SNCF rail strikes and the difficulties encountered on three contracts at the construction division over recent months. Colas reported revenue growth of +17.3% to € 4,241m (after +12.7% in Q2 and +4.7% excl. Miller), with the construct...
Underlying
Bouygues SA

Bouygues is a global industrial group engaged in designing, building and operating structures in public and private buildings, transportation infrastructure and energy and communication networks. Co. operates in three sectors - Construction (Bouygues Construction, Bouygues Immobilier and Colas), Media (TF1) and Telecom (Bouygues Telecom). Construction is engaged in the design and maintenance of projects in the areas of building, civil works, energies and services; Media offers activities covering the audiovisual sector; and Telecom offers mobile broadband services and prepaid card services for smart phones, as well as a range of services including telemessaging, voice mail and WAP

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Klaus Ringel
  • Klaus Ringel

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