Bouygues : Bouygues Telecom and Colas drive a solid Q4 performance
>Sales 4% above forecasts, EBIT 1.6% below, guidance in line - Q4 sales 4% higher than expected at € 10.3bn (consensus: € 9.93bn), driven by Colas and telecoms (6.3% higher), real estate was above forecasts, construction and TF1 were in line. Recurring EBIT was 1.6% better than expected. Underlying EBIT in Q4 came to € 558m (consensus: € 549m), i.e. € 9m higher than the consensus. The difference was due to Colas (€ 5m>) and telecoms, while construction and real ...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
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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