logo
Plus   Neg
Share
Email

Bouygues' Telecom Unit Unveils Strategic Plan, Targets For FY26

Bouygues Telecom, a unit of French diversified services group Bouygues SA (BOUYY.PK), announced its new strategic plan and targets for 2026, "Ambition 2026", aiming to become the number 2 telecoms operator in mobile and a major player in fiber in France.

For fiscal 2026, the company expects to generate over 7 billion euros in sales from services; EBITDA after Leases of around 2.5 billion euros with an EBITDA after Leases margin of around 35%; and free cash flow of around 600 million euros.

In 2020, the company's sales from services are expected to be around 4.9 billion euros, EBITDA after Leases of around 1.5 billion euros, EBITDA after Leases margin of around 31%; and free cash flow of around 250 million euros.

Bouygues is holding a Capital Markets Day specifically for Bouygues Telecom. CEO Richard Viel and Deputy CEO Benoît Torloting, along with CFO Christian Lecoq, will present their vision of the telecoms market and Bouygues Telecom's medium-term strategy and outlook in the context of a new strategic plan, "Ambition 2026".

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Pfizer has uncovered the counterfeit versions of its Covid-19 vaccine in Mexico and Poland, according to a Wall Street Journal report. The vaccine was developed in partnership with Germany's BioNTech SE. Though there have been several reports of counterfeit versions of the Covid-19 vaccine, this seems to be the first confirmed instance. American Airlines is planning to resume hiring pilots this year to meet a rebound in travel demand in the summer season, reports said citing a company memo. The airline is expected to add 300 pilots by the end of the year and double that in 2022. Verizon Communications Inc. (VZ) reported a profit for the first-quarter that increased 25.4 percent from last year, reflecting growth in wireless service revenue, wireless equipment revenue and total Fios Internet net additions. Quarterly operating revenues rose 4.0 percent from the prior year.
RELATED NEWS
Follow RTT