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[waldron] 01/3/2011 17:36

DOW JONES NEWSWIRES
French building-to-broadcasting conglomerate Bouygues SA (EN.FR) on Tuesday said 2010 net profit fell by 19% as its road building business continued to struggle amid tough conditions in central Europe and as it took a charge related to its stake in power engineering giant Alstom SA (ALO.FR).
Still, Bouygues said it expects sales to rise this year and it plans a dividend of EUR1.60 a share, stable on-year.
MAIN FACTS:
- All business areas except Colas, Bouygues's road-building division, posted "good operating results," Bouygues said in a statement.
At Colas, the "current operating margin fell 1.6 points compared with 2009 to 3.1%, mainly due to deteriorating conditions in Central Europe," Bouygues said.
- Net profit of EUR1.07 billion, down 19% from EUR1.32 billion a year earlier, includes a provision of EUR66 million, Bouygues's share, for the restructuring plan announced by Alstom in October, the company said.
Bouygues's 2010 net profit beats an average expectation of EUR1.08 billion according to a company survey of 17 analysts.
- 2010 sales were EUR31.23 billion, slightly down from EUR31.35 billion in 2009.
The company set a 2011 sales target for 2% growth to EUR31.7 billion.
- "The financial structure is very sound, with a 5-point improvement in net gearing to 23% and a high level of free cash flow at EUR1 billion," Bouygues said.
-Adam Mitchell; Dow Jones Newswires; (34) 91 395 8120; [e-mail]

[waldron] 01/3/2011 17:05

PARIS, Mar. 1, 2011 (PR Newswire Europe) -- v>

/PRNewswire/ --

- Strong Commercial Performance Across the Group - Stable Sales: EUR31.2 Billion - Current Operating Profit: EUR1.8 Billion (-5%) - Net Profit: EUR1.1 Billion (-19%) - Very Sound Financial Structure With an Improvement in net Gearing - Stable Dividend: EUR1.60


Sales were stable in relation to 2009 at EUR31.2 billion (down 3% like-for-like and at constant exchange rates). Current operating profit amounted to EUR1.8 billion, a drop of 5%. All business areas except Colas posted good operating results. Net profit of EUR1.1 billion, down 19%, includes a provision of EUR66 million (Bouygues' share) for the restructuring plan announced by Alstom in October 2010. The financial structure is very sound, with a 5-point improvement in net gearing to 23% and a high level of free cash flow at EUR1 billion.

Key figures

2009 2010 Change (EUR million) Sales 31,353 31,225 = Current operating profit 1,855 1,760 -5% Operating profit 1,855 1,791(1) -3% Net profit attributable to the 1,319 1,071 -19% Group Free cash flow 1,329 1,009 -24% Net debt(2) 2,704 2,473 -EUR231m Net gearing(2) 28% 23% -5 pts


(1) Including +EUR31 million of other operating income and expenses, or +EUR83 million at TF1 and -EUR52 million at Colas

(2) End of period

Business areas

Bouygues Construction posted a solid operating performance. Sales amounted to EUR9,235 million, an overall drop of 3%, or 5% in France and 1% internationally. The operating margin remained stable on 2009 at 3.4%. Net profit fell 16% to EUR201 million due to lower interest rates and a higher tax charge.

Commercial results were excellent, especially on international markets. In 2010, order intakes rose 16% to EUR10.9 billion, while the order book at end-December 2010 reached a record high of EUR14.2 billion, up 18% on end-December 2009. 55% of projects in the order book are located outside France and 31% in emerging countries.

Bouygues Immobilier's results show a successful adaptation to market conditions. Sales amounted to EUR2,418 million, a decrease of 19% (down 7% in residential property and 48% in commercial property) and exceeded the initial target set in March 2010 by EUR300 million due to the record level of housing reservations and notarised deeds of sale in 2010. The operating margin jumped by 1.6 points to 8.4% thanks to the restoration of margins in the residential property segment. Net profit remained virtually stable at EUR108 million, 2% lower than in 2009.

Bouygues Immobilier consolidated its leading position on the French residential property market, taking a record 13,734 reservations, an increase of 28%. The low level of commercial property reservations reflect a market at a cyclical low. Overall, reservations rose 27% to EUR2,477 million. Boosted by housing reservations, the order book at 31 December 2010 was up 5% at EUR2,280 million.

Colas reported results in line with the expectations issued on 31 August 2010. Sales rose 1% to EUR11,661 million, down 1% in France and up 2% internationally. Like-for-like and at constant exchange rates, sales were down 3%. The current operating margin fell 1.6 points compared with 2009 to 3.1%, mainly due to deteriorating conditions in Central Europe. Operating profit fell 42% to EUR313 million, a figure which includes non-current items relating to charges for former competition-related matters and write-downs of goodwill in Central Europe. Net profit attributable to the Group amounted to EUR224 million, a drop of 42%. Colas entered 2011 with a substantial order book, worth EUR6.1 billion, and should gradually improve its profitability following the implementation of an action plan in 2010.

TF1 recovered in 2010 as the result of a strategy that is bearing fruit. Sales rose 11% to EUR2,622 million, driven by a pick-up in advertising spend on the TF1 channel (up 8%) and by other activities (up 15%). TF1 continued to adapt its business model and cut costs, achieving recurring savings of EUR32 million in 2010 to give total savings of EUR138 million since 2008. The current operating margin rose 4.5 points as a result. Operating profit stood at EUR313 million. This figure includes non-current income of EUR83 million, mainly generated by the remeasurement of previously-held equity interests following the takeover of TMC and NT1. Net profit attributable to the Group doubled to EUR228 million.

Bouygues Telecom continued its growth strategy in 2010. Total sales rose 5% to EUR5,636 million and sales from network were up 4% at EUR5,060 million. Stripping out the impact of the cut in voice and SMS call termination rates, sales from network would have risen 14%. Bouygues Telecom was able to offset the effect of reduced call termination rate differentials and higher taxes, with EBITDA rising 2% to EUR1,367 million. Net profit fell 6% to EUR444 million, reflecting higher amortisation charges mainly linked to commercial success in the fixed broadband business.

842,000 new mobile contract customers joined Bouygues Telecom in 2010, representing 23% of net market growth(1). Bouygues Telecom had a total of 11,084,000 customers at 31 December 2010, 79% of them on a call plan, up 2.5 points over one year.

Strong growth continued in the fixed broadband business, with 154,000 new customers(2) signing up in the fourth quarter of 2010 and 494,000 over the year as a whole. Bouygues Telecom had 808,000 fixed broadband customers at 31 December 2010.

(1) Arcep data

(2) The number of fixed broadband customers includes xDSL and cable subscriptions

Alstom

Alstom contributed EUR235 million to Bouygues' net profit, down 32%. The figure includes a provision of EUR66 million (Bouygues' share) for the restructuring plan announced in October 2010

[waldron] 01/3/2011 16:57

Bouygues: CA 2010 quasi-stable
.
Lefigaro.fr | 01.03.2011 | Mise à jour : 17:49
Bouygues a dévoilé ses résultats annuels 2010 ce mardi après-Bourse. Le chiffre d'affaires est stable par rapport à 2009 (-3% à périmètre et change constants) et s'établit à 31,2 milliards d'euros, détaille le groupe dans un communiqué.

Le résultat opérationnel courant atteint 1,8 milliard d'euros (-5%) avec de «bonnes performances opérationnelles» dans tous les métiers, hors Colas. Le résultat net de 1,1 milliard d'euros (-19%) intègre une provision de 66 millions d'euros (part de Bouygues) pour le plan de restructuration annoncé par Alstom en octobre 2010. La structure financière est «très saine», avec un ratio d'endettement net en amélioration de 5 points à 23% et un cash-flow libre élevé de 1 milliard d'euros.

Le Conseil d'administration proposera à l'Assemblée générale du 21 avril 2011 un dividende de 1,60 euro par action, stable par rapport à 2009. Les dates de détachement, d'arrêté des positions et de paiement sont respectivement fixées aux 29 avril, 3 et 4 mai 2011.

[grupo guitarlumber] 24/2/2011 07:15

Bouygues, Partners To Build New Paris Philharmonic Hall
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Bouygues (EU:EN)
Intraday Stock Chart
Today : Thursday 24 February 2011
French building-to-broadcasting conglomerate Bouygues SA (EN.FR) and a group of partners, which include GDF Suez (GSZ.FR) among others, will build and run the new Paris Philharmonic Hall in the La Villette Park, the company said Thursday.

The entire project is worth EUR219 million, of which the Bouygues's share is EUR107 million, the company said.

Work on the project will start in March 2011 and will last three years.

By Inti Landauro, Dow Jones Newswires; [phone]; [e-mail]

[grupo guitarlumber] 22/2/2011 14:11

MARCH 7 -- French construction and media group Bouygues (BOUY.PA) to
acquire British property developer Heijmans UK, which is owned
by Dutch builder Heijmans N.V. (HEIJ.AS) (notified Jan.
31/deadline March 7/simplified)

[grupo guitarlumber] 10/2/2011 10:42

Thursday 21 April 2011: Annual general meeting (3.30pm)

[waldron] 18/1/2011 18:45

Eiffage Beats Vinci,Bouygues To EUR3.4 Billion French Rail Track Deal
First Published Tuesday, 18 January 2011 05:32 pm - © 2011 Dow Jones
PARIS -(Dow Jones)- French construction and concessions company Eiffage SA (FGR.FR) has beaten cross-town rivals Vinci SA (DG.FR) and Bouygues SA (EN.FR) to become the preferred bidder for a EUR3.4 billion high-speed rail infrastructure project, France's rail network RFF said Tuesday.
RFF, or Reseau Ferre de France, said it has selected Eiffage for the public-private partnership contract to build new track in the Brittany and Loire regions.
The rail network company said it aims to sign a full public-private partnership contract in the first half of 2011.
"The contractor will have the task of building and maintaining the new line for a total of 25 years and, in return, will receive public funding as well as allowances from RFF," the rail grid operator said, adding that it will retain responsibility for organizing train movements.
RFF said it scored the rival bids on the five criteria of cost, "financial robustness," the technical and environmental quality of the project, line construction times and involvement of small and medium-sized businesses.
-By Adam Mitchell, Dow Jones Newswires, [phone]; [e-mail]

[waldron] 18/1/2011 11:54

Eiffage Bid for New Rail Link Lower Than Bouygues, Tribune Says
By Francois de Beaupuy - Jan 18, 2011 9:09 AM GMT+0100 Tweet inShare.0More
Business ExchangeBuzz up!DiggPrint Email .Eiffage SA's bid to build and maintain a high-speed rail link between Le Mans and Rennes is as much as 300 million euros ($400 million) lower than a bid from Bouygues SA, La Tribune said, without saying were it got the information.

The board of the railroad operator may decide on the contract when it convenes today, the newspaper said. In Eiffage's offer, the rail link would be available at a later date than in Bouygues's bid, leaving the result of the tender open to speculation, the newspaper said.

To contact the reporter on this story: Francois de Beaupuy in Paris at [e-mail].

To contact the editor responsible for this story: Benedikt Kammel at [e-mail].

[waldron] 18/1/2011 10:09

Bouygues : Achat du Call L082B

Partager
Imprimer..Rubriques :Bourse.Le mardi 18 janvier 2011, à 9h 29
Le titre a pris appui sur les 31.84 euros pour entamer une phase de rebond. Les indicateurs techniques sont repassés en territoire positif et militent pour une poursuite de celle-ci avec 36.5 euros et 38 euros en ligne de mire.

[pmeldrum] 12/1/2011 09:46

Any idea on how long it will take ADVFN to fix ?

[2gekko] 12/1/2011 08:56

Same here also Norton AV .... ADVFN will fix it

[tommyttrades] 12/1/2011 08:50

Same situation with Norton
Certainly wouldn't remove just to access this site.

[mr.oz] 12/1/2011 08:48

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Dont recommend AVG 2011 for Vista, its chunky and problematic

[dreggspicker] 12/1/2011 08:47

I'm also norton,but is it just good at spotting this virus and the rest of them can't see it?

[owenski] 12/1/2011 08:45

On Avast, no probs

[killing_time] 12/1/2011 08:42

yep, i'm Norton