As expected Bouygues’s 2015 revenues were down by 2% yoy while the EBITDA was perfectly flat yoy thanks to stable profitability at the construction businesses and improved profitability at TF1 and Bouygues Telecom. The group has given in parallel a rather light outlook for 2016: “the group should continue to improve profitability in 2016.” Note, however, the group confirms its target of a return to long-term growth in sales and profits for Bouygues Telecom. Nonetheless, we h
24 Feb 2016
Bouygues Telecom recovers before its possible merger with Orange
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Bouygues Telecom recovers before its possible merger with Orange
Bouygues SA (EN:WBO) | 0 0 0.9% | Mkt Cap: 15,352m
- Published:
24 Feb 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
As expected Bouygues’s 2015 revenues were down by 2% yoy while the EBITDA was perfectly flat yoy thanks to stable profitability at the construction businesses and improved profitability at TF1 and Bouygues Telecom. The group has given in parallel a rather light outlook for 2016: “the group should continue to improve profitability in 2016.” Note, however, the group confirms its target of a return to long-term growth in sales and profits for Bouygues Telecom. Nonetheless, we h