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BOUYGUES PRESS RELEASE - 11 August 2008
FIRST-HALF 2008 SALES: 15.3 BILLION EUROS: +15%
The Bouygues group's consolidated sales for the first half of 2008 amounted to 15.3 billion euros, an increase of 15% on the year-earlier period, or 13% like-for-like and at constant exchange rates.
|
Contribution of business areas to sales
(€ million) |
H1
2007 |
H1
2008 |
Change
|
|
Bouygues Construction |
3,712 |
4,448 |
+20% |
|
Bouygues Immobilier |
808 |
1,299 |
+61% |
|
Colas |
4,914 |
5,609 |
+14% |
|
TF1 |
1,423 |
1,352 |
-5% |
|
Bouygues Telecom |
2,293 |
2,457 |
+7% |
|
Holding company and other |
148 |
145 |
ns |
|
Total |
13,298 |
15,310 |
+15% |
|
France |
9,699 |
10,896 |
+12% |
|
International |
3,599 |
4,414 |
+23% |
Bouygues Construction sales rose by 20% (+11% in France and +33% abroad), with all businesses contributing to the sharp increase. Like-for-like and at constant exchange rates, sales grew 18%.
Bouygues Immobilier sales climbed by 61% because of the high level of reservations in the past two years. The commercial property business saw its sales increase threefold and residential property sales were up 27%.
Colas sales grew 14% due to a favourable environment in most of its markets. Like-for-like and at constant exchange rates, sales advanced 10%.
TF1 sales fell by 5% in an economic context unconducive to advertising investment and household consumption.
Bouygues Telecom sales gained 7%. Sales from network totalled 2,295 million euros, up 5.5% on the first half of 2007.
In the space of one year, Bouygues Telecom has acquired 522,000 new contract customers, an increase of 8.1%.
Bouygues Telecom thus continued to grow in a difficult competitive environment marked by widespread unlimited voice and SMS services. This performance offset the 8% cut in call termination rates which came into effect on 1 January 2008, as well as the reduction in roaming rates in 2007.
At 30 June 2008, Bouygues Telecom had 9,318,000 customers, including 6,959,000 contract customers (74.7% of its customer base, up 1.6 points year-on-year).
APPENDIX: Second-quarter 2008 sales
|
Contribution of business areas to sales
(€ million)
|
Q2
2007 |
Q2
2008 |
Change
|
|
Bouygues Construction |
1,941 |
2,300 |
+18% |
|
Bouygues Immobilier |
448 |
735 |
+64% |
|
Colas |
3,011 |
3,429 |
+14% |
|
TF1 |
725 |
698 |
-4% |
|
Bouygues Telecom |
1,172 |
1,260 |
+8% |
|
Holding company and other |
80 |
73 |
ns |
|
Total |
7,377 |
8,495 |
+15% |
|
France |
5,195 |
5,843 |
+12% |
|
International |
2,182 |
2,652 |
+22% |
First-half 2008 earnings will be published on 28 August 2008 at 5.45pm (CET).
Press contact: +33 1 44 20 12 01
Investor and analyst contact: +33 1 44 20 12 77
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