Eiffage : All is well because nothing has changed
>Underlying operating profit a shade below expectations - Eiffage posted Q2 sales above expectations at € 5,904m (vs Visible Alpha consensus of € 5,768m), up 7.6% in real terms and 4.2% l-f-l vs Q2 2023. Growth came both from Concessions (+5.9% in actual terms and +3.8% l-f-l) and from an acceleration in growth in the Contracting business (+8.0% in real terms and +4.3% l-f-l) after Q1 (+4.8% vs Q1 2023). The Real Estate division continued to weigh in Q2 with a decline...Eiffage is a construction and concessions group. Co.'s operations are organized into five divisions. The Concessions and PPPs division is engaged in construction and operating of infrastructures under concessions and public private partnerships. Through the Construction division, Co. is engaged in building design and construction, property development and building maintenance. Through the Public works division, Co. is engaged in civil engineering, road construction, infrastructure maintenance and material production. The Energy division specializes in electrical contracting and air conditioning. Through the Metal division, Co. is engaged in metallic construction and services to industry.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.