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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.

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