Bouygues reports first half sales increase

By Steve Skinner12 August 2008

Martin Bouygues, chairman and CEO of the Bouygues group

Martin Bouygues, chairman and CEO of the Bouygues group

France's Bouygues has recorded first half (1HY08) sales of € 15,3 billion, up +15% on the same period in 2007.

In a preliminary statement on its website, Bouygues said the construction arm of its business reported a +20% growth in sales on the same period 12 months ago to € 4,4 billion from € 3,7 billion. Sales in France rose +11%, whilst sales outside France grew by +33% on like-for-like periods.

Bouygues Immobilier, the property development division of the group, reported a significant +61% growth in sales from € 808 million to € 1,3 billion in the corresponding period.

Colas, the company's road building and infrastructure subsidiary, reported 1HY08 sales of € 5,6 billion, up +14% on the € 4,9 billion recorded in the first half of 2007.

Bouygues will make a full half year earnings presentation on 28 August 2008.

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