Bouygues: 2017 earnings up by almost 50%
(CercleFinance.com) - Bouygues has published net income, group share that is up 48% at 1,085 million euros, with an underlying operating margin that is up 80 basis points at 4.
3% in 2017, driven by its construction, media and telecoms businesses.
The conglomerate's revenues are up 4% at 32.9 billion euros. The backlog of its construction business at end-December 2017 reached a record level of 31.9 billion euros, up 6% y-o-y.
At the AGM of 26 April, Bouygues' Board of Directors will propose a dividend of 1.70 euro per share, up 10 cents. In 2018, Bouygues believes that it will be able to continue with the gradual improvement in its profitability.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3% in 2017, driven by its construction, media and telecoms businesses.
The conglomerate's revenues are up 4% at 32.9 billion euros. The backlog of its construction business at end-December 2017 reached a record level of 31.9 billion euros, up 6% y-o-y.
At the AGM of 26 April, Bouygues' Board of Directors will propose a dividend of 1.70 euro per share, up 10 cents. In 2018, Bouygues believes that it will be able to continue with the gradual improvement in its profitability.
Copyright (c) 2018 CercleFinance.com. All rights reserved.