Eiffage announces an increase in its works and concessions activity in the 1st quarter

The works branch (more than three quarters of its income) saw its activity increase by 7,8% to 3,6 billion euros, mainly through organic growth, indicates Eiffage, which has an order book for the future. solid" (17,3 billion euros, or +3% over one year).

In construction, the market for public facilities remains dynamic, the residential sector more "withdrawn", indicates Eiffage.

On the infrastructure side, revenue in France fell by 1,4%, to 889 million euros, due in particular to the end of work on the Saint-Nazaire offshore wind farm. But in the rest of Europe, it is up sharply (+42,1%, to 466 million), with the ramp-up of work on the construction site of the HS2 high-speed line in England and on the motorway. E18 in Norway.

Concessions are up by 22,1% (768 million euros over the quarter).

All-vehicle traffic on the APRR actually increased by 24,6% compared to the first quarter of 2021. The Lille and Toulouse airport concessions also recorded a significant increase in passenger traffic (x 2,9 compared to the 1st quarter of 2021 , but still -40,8% compared to the 1st quarter of 2019).

The group, which had returned to its pre-Covid results levels since 2021, thus confirms its 2022 outlook, with a further increase in results, both in works and in concessions.