Before each earnings release, Bouygues collects and formally releases all the forecasts issued by the sell-side analysts in charge of stock coverage.
The aim of this approach is to provide the market with a consensus that is as reliable and representative as possible.
This consensus is published on Bouygues’ website six trading days prior to the release, so that those interested (shareholders, investors, analysts, journalists) can access it at the same time.
The following data are collected:
• Group sales (unless published previously)
• Group EBITDA
• Group operating profit
• Group net profit (attributable to the Group)
Procedure
The analysts email their estimates to the Group. The average, median, maximum and the minimum of the sample are published.
All the analysts’ contributions are anonymous and no comment is given by the Group, in compliance with the stock-market regulation.
First-quarter 2010 earnings will be posted on Tuesday 1 June 2010 at 5.45pm.
(Updated: March 2010)
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