Bouygues : Feedback from road show: solid fundamentals, start of inflection in sentiment in telecoms
>Confidence and good visibility on 2019-2020 on Construction and Colas - We organised a road show with Philippe Marien and Olivier Roussat (Deputy CEOs of the group), accompanied by Christian Lecoq (Chief Financial Officer of BTelecom) and Karine Adam-Gruson. We noted a resolutely confident speech:At Colas, the integration of Miller McAsphalt is proceeding on track (target margin of 7% from 2019) and the roads business remains very robust, particularly in France...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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