Bouygues: Nine-month 2012 Results

Bouygues: Nine-month 2012 Results PR Newswire PARIS, November 14, 2012 PARIS, November 14, 2012 /PRNewswire/ -- Sales: €24.6 billion (+4%) Net profit: €564 million (-29%), impacted by Bouygues Telecom Construction businesses' order book at a high level, up 10% at €26.9 billion Alstom's performances validates its roadmap Sales target revised upwards to €33.2 billion The Bouygues group reported a 4% increase in consolidated sales in the first nine months of 2012 to €24.6 billion (up 1% like-for-like and at constant exchange rates). Current operating profit amounted to €954 million, down 29% on the first nine months of 2011, and operating profit fell 38% to €859 million after the inclusion of non-recurring charges related to adaptation plans at Bouygues Telecom and TF1. Net profit was also down 29% at €564 million. In keeping with the half-year trend, these results are mainly due to the lower profitability at Bouygues Telecom. The financial structure is sound, with net debt under tight control.