Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Bouygues    EN   FR0000120503

BOUYGUES

(EN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Coveted telecoms unit helps Bouygues to beat forecasts

share with twitter share with LinkedIn share with facebook
02/24/2016 | 03:59am EDT
View of a Bouygues company logo on a construction crane at the building site of the new Law Court complex in Paris

PARIS (Reuters) - An improved performance from its telecoms business helped French conglomerate Bouygues (>> BOUYGUES) to beat operating profit forecasts last year, strengthening its hand in merger talks with larger rival Orange (>> ORANGE SA).

PARIS (Reuters) - An improved performance from its telecoms business helped French conglomerate Bouygues (>> BOUYGUES) to beat operating profit forecasts last year, strengthening its hand in merger talks with larger rival Orange (>> ORANGE SA).

The company said on Wednesday that discussions about a possible combination of Bouygues Telecom, France's third-biggest mobile phone operator, and market leader Orange (>> ORANGE SA) were continuing.

"Bouygues attributes great importance to the interests of Bouygues Telecom's employees and to the sector's investment momentum, which must remain strong in the interest of customers," Bouygues said of the talks.

The family-controlled group, which also builds roads and owns France's biggest private broadcaster TF1 (>> TF1), said current operating profit reached 941 million euros (741 million pounds) last year, up from 888 million in 2014. Analysts polled by Reuters were on average predicting operating profit of 852 million euros.

Orange has been in talks since early January to buy Bouygues Telecom for about 10 billion euros in cash and shares in a deal which would make Bouygues the second-biggest shareholder in Orange after the French state.

Bouygues Telecom, which has been hit by a price war in France since the arrival of Iliad (>> ILIAD) in 2012, has been pursuing a turnaround plan including staff cuts and a focus on the rollout of its speed 4G network and the fixed-line broadband market.

Group sales totalled 32.428 billion euros, down 2 percent from a year earlier, as a weak construction sector in France weighed.

The current operating margin reached 2.9 percent of sales against 2.7 percent a year ago, thanks to stable profitability at the construction business, and improved profitability at TF1 and Bouygues Telecom.

Bouygues said it expected its construction business, which makes the bulk of group sales, to start improving profitability in 2016. The construction sector's operating margin remained stable at 3.2 percent in 2015, with the order book up 5 percent to 29 billion euros, driven by international operations.

Bouygues Telecom's earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 752 million euros in 2015, in line with the company's goal for about 750 million, and up from 694 million in 2014.

Sales rose 2 percent to 4.505 billion euros. Bouygues Telecom also confirmed its long-term targets for sales and profit growth.

Bouygues shares were up 1 percent at 0825 GMT.

(Editing by Tim Hepher and James Regan)

By Dominique Vidalon

Stocks treated in this article : BOUYGUES, ORANGE SA, TF1, ILIAD
Stocks mentioned in the article
ChangeLast1st jan.
BOUYGUES 1.16% 29.62 Real-time Quote.-22.70%
ILIAD S.A. -0.35% 157.05 Real-time Quote.36.39%
ORANGE 0.91% 8.884 Real-time Quote.-32.90%
TF1 1.25% 5.245 Real-time Quote.-30.00%
share with twitter share with LinkedIn share with facebook
All news about BOUYGUES
12:24pFrance's 5G spectrum price tag rises to at least 2.65 billion euros
RE
08:10aBOUYGUES : A Couple Of Quick Items Regarding IPO Alternatives
AQ
06:11aDRAFTKINGS : Amidst A Global Pandemic, Why Are So Many Companies Rushing To Go P..
AQ
02:10aBOUYGUES : announces the successful placement of Alstom shares
PU
02:01aBOUYGUES : announces the successful placement of Alstom shares
AQ
02:00aBOUYGUES : announces the successful placement of Alstom shares
GL
09/29French telcos take 5G spectrum price tag to at least 2.4 billion euros
RE
09/29Bouygues to Sell Stake in Alstom
DJ
09/29BOUYGUES : Sale of Alstom shares by Bouygues
PU
09/29BOUYGUES : Sale of Alstom shares by Bouygues
AQ
More news
Financials
Sales 2020 34 013 M 39 876 M 39 876 M
Net income 2020 479 M 561 M 561 M
Net Debt 2020 2 825 M 3 312 M 3 312 M
P/E ratio 2020 24,0x
Yield 2020 5,70%
Capitalization 11 268 M 13 232 M 13 210 M
EV / Sales 2020 0,41x
EV / Sales 2021 0,39x
Nbr of Employees 130 500
Free-Float 59,6%
Chart BOUYGUES
Duration : Period :
Bouygues Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BOUYGUES
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 35,30 €
Last Close Price 29,28 €
Spread / Highest target 46,9%
Spread / Average Target 20,6%
Spread / Lowest Target -35,8%
EPS Revisions
Managers
NameTitle
Martin Bouygues Chairman & Chief Executive Officer
Pascal Grangé Chief Financial Officer & Senior Vice President
Gilles Zancanaro Senior Vice President-Digital, Innovation & Risks
Colette Lewiner Independent Director
Michèle Vilain Director
Sector and Competitors
1st jan.Capitalization (M$)
BOUYGUES-22.70%13 077
VINCI SA-26.83%47 705
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-9.61%31 093
CHINA RAILWAY GROUP LIMITED-9.26%18 235
FERROVIAL, S.A.-21.62%18 230
LARSEN & TOUBRO LIMITED-30.52%17 037