Bouygues improves profit levels

14 November 2014

Third quarter results from French industrial firm Bouygues have shown an increased year-to-date net profit standing at €728 million.

This compared to €548 million for the same period for last year, with its figures bolstered by a 1% growth in overall sales to €24.2 billion.

The company’s construction order book also stood at a €27.44 billion, which was comparable to its 2013 year-to-date results of €27.42 billion.

It said that maintaining a diverse portfolio of construction activities had been significant in produce a relatively stable performance in spite of challenging domestic conditions.

According to its full-year forecast, the company said that it was on course for a position between -1% and stable against 2013 figures. It had also reduced its net debt by €610 million to €4.98 billion.

The company said, “The international environment remains supportive for the group's construction businesses. While conditions on the French market are tougher, our construction businesses have, as usual, shown a great capability to adapt by introducing adjustment measures and cost controls.”

Latest News
New Holland adds telescopic reach to its small articulated loaders
New Holland added telescopic reach to its small articulated loaders
World’s tallest scissor unveiled
Dingli and UK’s Hire Safe Solutions partner to produce 37m lift 
New tech director at Star
UK’s Star Platforms employs longstanding rental industry leader