Eiffage driven by energy and infrastructure in the first quarter

The group's quarterly turnover came to 5,6 billion euros, Eiffage said in a press release.

Infrastructure revenue increased by 12% to €1,9 billion, including in France (+0,8% to €959 million), while in Europe (excluding France), revenue rose by 18,7% to €833 million.

The Energy Systems division (energy equipment and infrastructure) saw its revenue increase by 13,9% to €1,8 billion. "With its strengthened European network, the division continues to show strong momentum, which demonstrates its positioning in promising markets," Eiffage said.

In France, Energie Systèmes' turnover stood at just over one billion euros (+1,5%), while in Europe (excluding France), activity jumped by 30,4% to 746 million euros.

Construction activity, on the other hand, fell by 3,3% to €912 million. It was down 3,9% to €685 million in France and down 1,3% to €227 million internationally.

The order book for construction activities, which represents almost all of the turnover, increased by 7% to 29,7 billion euros, and represents 17,8 months of activity.

Eiffage is expecting annual revenue growth across all sectors for the works and a current operating profit that "should increase again" this year thanks to the improvement in the profitability of Eiffage Énergie Systèmes, whose current operating margin could reach 6%, for a level of activity close to 8 billion euros.

In the "concessions", turnover and current operating profit should show a slight increase over the financial year.

Finally, the annual net result, which is increasing at constant taxation, will be affected by the exceptional contribution to corporate tax applicable in France in 2025, the group emphasizes.