Report
Stephane Beyazian

Bouygues : Confident message for 2022. Neutral recommendation confirmed

>Construction: margin should continue to grow - At the analysts’ meeting that followed the publication of 2021 results (see our comments of 24 February), Bouygues’ management said that it is confident on momentum in 2022. At the construction activity, whilst orders from the public sector in France were less dynamic in H2 2021 than in H1, Bouygues anticipates a “moderate recovery” in 2022. However, growth should continue to be driven by orders from the private sector a...
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.

Analysts
Stephane Beyazian

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