Bouygues: 9m net income up 10%
(CercleFinance.com) - Bouygues has posted 9m 2019 net income, group share that is up 10% at 848 million euros, with an underlying operating margin that is up 0.
7 point over the period at 4.1%.
The conglomerate's revenues came in at 27.6 billion euros, up 9% as reported and up 5% LFL. The order backlog of its construction businesses fell 4% to 32.5 billion dollars as at 30 September 2019.
For 2019, Bouygues confirms its aims to improve its profitability, with Bouygues Telecom reaching FCF of 300 million euros. In the next two years, it plans to improve its free cash flow generation after WCR, to one billion euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
7 point over the period at 4.1%.
The conglomerate's revenues came in at 27.6 billion euros, up 9% as reported and up 5% LFL. The order backlog of its construction businesses fell 4% to 32.5 billion dollars as at 30 September 2019.
For 2019, Bouygues confirms its aims to improve its profitability, with Bouygues Telecom reaching FCF of 300 million euros. In the next two years, it plans to improve its free cash flow generation after WCR, to one billion euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.