Bouygues (OTCPK:BOUYY)
$ 5.77 -0.08 (-1.37%) Market Cap: 10.86 Bil Enterprise Value: 24.85 Bil PE Ratio: 10.09 PB Ratio: 0.88 GF Score: 73/100
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Half Year 2019 Bouygues SA Earnings Call Transcript

Aug 29, 2019 / 09:00AM GMT
Release Date Price: $7.15
Martin Bouygues
Bouygues SA - Chairman & CEO

Okay. Ladies and gentlemen, I propose that you take your seats. Thank you. Ladies and gentlemen, it's always a pleasure to welcome you here for our half yearly results. And it's an even greater pleasure as our results are quite encouraging. So what about the highlights for the first half year. First of all, good commercial performance in all 3 of our sectors' activity: construction, telecommunications, and media. Strong growth in the results of Bouygues Telecom, more about that later on. An increase in Q2 current operating profit in the construction business year-on-year that compares with Q2 2018. Also a significant improvement in the group's profitability in the first half year. That's again year-on-year. And of course, we are confirming our outlook, the outlook that we've already given you guidance on before. Beginning with the group's sales which totaled EUR 17.446 billion, up 11% over the full year. There was a positive impact from the acquisitions made in 2018 but restated for the main acquisitions and at constant exchange rates, sales still rose 5%.

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