Eiffage announces a net profit up 36,2% in the first half

The group, which announced at the same time that it had entered into exclusive negotiations to buy Sun'R, which specializes in renewable energies and agrivoltaism, achieved net income group share of 354 million euros from January to June, on a consolidated revenue of 9,45 billion euros, up 8,6% compared to the first six months of 2021.

Operating profit, which represents 9,8% of turnover, jumped 36,2% to 925 million euros.

The construction branch recorded an increase in activity of 5,1% to 2,07 billion euros. In real estate, turnover increased by 7,5% to 500 million euros, on the other hand the number of housing reservations fell to 1.519 units against 2.194 in the first half of 2021.

In the infrastructure branch, turnover increased by 5,3% to 3,33 billion euros. In France, activity fell by 2,8%, due to less activity on the Grand Paris Express sites, and the end of work on the Saint-Nazaire offshore wind farm, but it jumped 21,1% internationally.

In the Energy-Systems branch, activity increased by 9,1% to 2,45 billion euros.

In the first half, motorway traffic was up compared to the first half of 1 (+2021% at APRR, +23,4% on the A22,8 motorway, +65% ​​on the Millau viaduct, and +19,9 .14,5% on the highway of the future in Senegal). In this sector, turnover rose by 21,3% to 1,59 billion euros.

Like many groups, Eiffage carried out share buybacks in the first half. The share of treasury capital as of June 30 is 2,6% compared to 2,4% as of December 31, 2021.

“Concessions and works having now exceeded their level of activity before the health crisis, Eiffage confirms a further increase in its results in 2022”, indicates the press release.