Bouygues (OTCPK:BOUYY)
$ 5.77 -0.08 (-1.37%) Market Cap: 10.86 Bil Enterprise Value: 24.88 Bil PE Ratio: 10.09 PB Ratio: 0.88 GF Score: 73/100
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Full Year 2020 Bouygues SA Earnings Call Transcript

Feb 18, 2021 / 10:00AM GMT
Release Date Price: $8.5
Martin Bouygues
Bouygues SA - Chairman of the Board

Good morning, ladies and gentlemen. Good morning, and thank you for being with us for this presentation of the Bouygues Group's annual results, 2020 annual results. We're still working remotely because of the pandemic.

This morning, I'm going to comment at the results with Olivier Roussat and Pascal Grange and, of course, with the heads of our 5 businesses. We'll then happily take your questions at the end of the presentation.

First of all, I'd like to say a few words about changes to the governance of our group. Now at yesterday's Board of Directors meeting, I proposed that we separate the functions of Chairman and Chief Executive Officer. As you know, I have been Chairman and CEO since the fifth of September 1989. I'm now nearly 69 years of age. And so I felt that the time had come to change the way our group is governed.

Now the Board approved my decision. And of course, Olivier Roussat was appointed Chief Executive Officer of the group. Before that, he was Deputy CEO. So that was the natural way to do things. So he will

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