Contracting’s sales increased 14%, whereas concessions’ revenues increased only by 1.3%. Construction’s profits suffered from being back-end loaded. Infrastructure (public works) management showed caution as strong volumes were not matched by slow margin recognition. The overall earnings outlook remains satisfactory.
29 Aug 2019
H1 19: Confidence in 2019 and 2020 in spite of motorway blips
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H1 19: Confidence in 2019 and 2020 in spite of motorway blips
Eiffage SA (FGR:WBO) | 0 0 1.5% | Mkt Cap: 9,050m
- Published:
29 Aug 2019 -
Author:
Felix Brunotte -
Pages:
3
Contracting’s sales increased 14%, whereas concessions’ revenues increased only by 1.3%. Construction’s profits suffered from being back-end loaded. Infrastructure (public works) management showed caution as strong volumes were not matched by slow margin recognition. The overall earnings outlook remains satisfactory.