Bouygues: FY 2018 net income up 21%
(CercleFinance.com) - Bouygues has unveiled 2018 net income, group share that is up 21% at 1,311 million euros, with underlying operating income that is up 7.
5% at 1,511 million euros, driven by the very strong performance of Bouygues Telecom.
The conglomerate's revenues came in at 35.6 billion euros, up 8% (+3% at a constant consolidation scope and exchange rates), while the backlog of its construction activities at the end of December 2018 reached a record level of 33.1 billion euros, up 5%.
The group's board of directors will propose a stable dividend of 1.70 euro per share. Bouygues aims to improve its profitability in 2019 and to grow, within two years, its free cash flow generation after WCR to reach one billion euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% at 1,511 million euros, driven by the very strong performance of Bouygues Telecom.
The conglomerate's revenues came in at 35.6 billion euros, up 8% (+3% at a constant consolidation scope and exchange rates), while the backlog of its construction activities at the end of December 2018 reached a record level of 33.1 billion euros, up 5%.
The group's board of directors will propose a stable dividend of 1.70 euro per share. Bouygues aims to improve its profitability in 2019 and to grow, within two years, its free cash flow generation after WCR to reach one billion euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.