Colas: reduces loss in first half

(CercleFinance.com) - Colas has published a H1 2019 net result, group share of -102 million euros, 27 million euros better than in H1 2018, with a current operating loss of -136 million euros, 31 million euros better than last year.


"The Group's good performance is the result of improved current operating profit for Roads in Mainland France, the first impact of Colas Rail's recovery measures in France and the sale of Smac," Colas said.

Consolidated revenue reached 5.8 billion euros, up 9% (+8% at constant scope and exchange rates), and the order book at the end of June 2019 reached 9.9 billion euros, up 4% at constant exchange rates and excluding Smac.


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