Eiffage : Good results for 2021, confidence for 2022
>2021 results exceeded expectations - Eiffage reported better-than-expected 2021 results. In Q4, sales rose by 5.5% vs 2019 (vs. +1.7% expected by the Bloomberg consensus). While APRR had reported a 5.4% increase in sales, the pleasant surprise came from contracting, which rose by 4.7% vs Q4 2019. Overall, for the full year, sales were up 3.2% vs 2019 (12.1% y-o-y incl. 14.4% l-f-l) at € 18,721m. See details on page 2.Full-year EBIT totalled € 1,919m (2.3% above...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.
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