Bouygues : Construction already hard hit in Q1 but gradual resumption of activity in mid-April, telecoms a cushion
>Bouygues construction already hard hit in Q1 - Q1 sales of € 7.22bn, i.e. -8% at constant scope. Bouygues estimates the decline in sales linked to COVID-19 at around € 750m, of which € 600m in France, linked to the closure of work sites as of mid-March and despite a good start to the year beforehand, the slowdown or closure of sites in around 10 countries, an 11% decline in revenues at TF1 with the halting of advertising campaigns, and the closure of Bouygues Teleco...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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