Colas: 9m net income up over 25%

(CercleFinance.com) - Colas, the listed subsidiary of Bouygues that operates in road construction, has published net income, group share of 140 million euros, as at 30 September 2019, up 26%, with underlying operating profit of 223 million euros, up 36%.


Sales reached 10.2 billion euros, up 6% (also +6% LFL). Meanwhile, the group's order book at end September 2019 stood at 9.1 billion euros, up 4% at constant exchange rates and excluding Smac.

Colas expects FY 2019 sales to rise slightly, with its underlying operating profit also expected to improve, thanks to strong business in France, the recovery in profitability of Colas Rail and the divestment of Smac.


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