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Bouygues H1 Profit Declines, Sales Up 1%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Bouygues (BOUYY.PK), on Friday, reported H1 attributable net profit of EUR 186 million compared to EUR 225 million last year.

Sales for the period totaled EUR 26.5 billion, up 1% from the previous year's EUR 26.1 billion, driven mainly by Equans and Bouygues Construction. Like-for-like and at constant exchange rates, sales increased 2% year-on-year.

Net debt was €8.7 billion, improving by close to €1.9 billion compared to end-June 2023, thanks to efforts made by the business segments, with net gearing2 of 65% at end-June 2024.

Looking ahead, the company expects sales and current operating profit from activities or COPA for 2024 that are slightly up on 2023.

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