Bouygues announces nine-month turnover "at its pre-crisis level"

Turnover amounted to 27,5 billion euros over the period, against 27,6 billion EUR over the first nine months of 2019. It is up 10% compared to 2020.

Revenue from construction activities was 20,6 billion euros over the first nine months of 2021, up 9% over one year and driven by France (+ 16% over one year), but remains lower at 2019 level (-5%).

Current operating income reached 1,141 billion euros, up 23 million euros compared to the first nine months of 2019, "thanks to the improvement in the profitability of TF1 and Colas, and to the increase in volumes" and revenues at Bouygues Telecom.

The current operating margin thus returned to its level at the end of September 2019 at 4,1%.

Net profit at the end of September reached 807 million euros, against 848 million euros in the first nine months of 2019 (-4,8%). It includes an Alstom contribution of € 219 million.

Compared to the first nine months of 2020, when it stood at EUR 283 million, it soared by 185%.

The high level of the order book "offers good visibility on future activity", assures Bouygues.

With these results "showing strong improvement over one year", the group confirmed its outlook for 2021, ie sales and current operating income "very close to the level of 2019" and a current operating margin "at its level of 'pre-crisis'.

In detail, over the first nine months of 2021, Bouygues Telecom's contribution to net profit, group share amounted to 325 million euros. On the mobile, the operator now has 14,6 million subscribed customers.

Bouygues has just announced the acquisition of Equans, Engie's energy technical services entity, for 7,1 billion euros (based on an enterprise value of 6,7 billion euros ).

This takeover will change the face of the group since the new combined entity would become its first business in terms of turnover and employees. Finalization is expected in the second half of 2022.