Bouygues : Continuing the excellent momentum from Q1 and the stock's built up a lag
>Fine Q2 2019 figures, as Bouygues continues to surprise in telecoms - Q2 revenue 3% better than expected. Revenue increased by 6.7% to € 9.5bn (ODDO BHF: € 9.25bn, cons: € 9.2bn), thanks to telecoms (5% better than we expected) and good figures in construction. Colas posted weaker growth than in Q1 but it is still robust at +2.5% and a backlog up 9% with a positive pre-election context in France.Recurrent EBIT 30% better than expected. Reported current EBIT for ...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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