- Current operating income for Bouygues reached €702 million, a 3.1% increase year-over-year, meeting estimates of €706 million.
- Bouygues Construction achieved current operating income of €134 million, marking a 12% rise year-over-year.
- Bouygues Immobilier reported a current operating loss of €36 million, compared to €0.0 million the previous year.
- Colas recorded a current operating loss of €123 million, a decrease of 6.1% year-over-year, narrower than the estimated loss of €128.8 million.
- TF1’s current operating income dropped by 15% year-over-year to €128 million.
- Bouygues Telecom’s current operating income decreased by 2.3% year-over-year to €344 million.
- Total revenue for Bouygues stood at €26.52 billion, a 1.5% increase year-over-year, slightly below the estimate of €26.7 billion.
- Bouygues Construction reported revenue of €4.95 billion, up 4.2% year-over-year, close to the estimate of €4.99 billion.
- Bouygues Immobilier’s revenue fell by 17% year-over-year to €614 million.
- Colas generated revenue of €6.86 billion, a 1% increase year-over-year, slightly above the estimate of €6.84 billion.
- TF1’s revenue increased by 6.4% year-over-year to €1.10 billion.
- Bouygues Telecom saw a slight revenue decline of 0.6% year-over-year, reaching €3.79 billion.
- Net income for Bouygues was €186 million, down 17% year-over-year but exceeding the estimate of €180 million.
- The group confirmed its outlook for 2024, expecting sales and current operating profit from activities to be slightly up compared to 2023.
- Equans is anticipated to improve its results in line with its strategic Perform Plan in 2024.
- Bouygues Immobilier expects a challenging market environment in 2024.
- Equans predicts its 2024 sales figure to be close to that of 2023.
- Bouygues maintains its 2024 outlook for Bouygues Telecom and TF1.
A look at Bouygues SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bouygues SA shows strong potential for long-term investors. With a high dividend score of 5, investors can expect consistent and attractive dividend payouts from the company. The company also scores well in terms of value with a score of 4, indicating its stock may be undervalued compared to its intrinsic worth. This suggests potential for capital appreciation as the market recognizes the true value of the company.
While Bouygues SA scores moderately in growth, resilience, and momentum, with scores of 3 in each category, these aspects still indicate a stable investment option with room for growth. The company’s diversified portfolio, including construction services, real estate development, cellular communications, and utilities management, provides a solid foundation for long-term success. Overall, based on the Smartkarma Smart Scores, Bouygues SA presents a promising outlook for investors seeking a blend of value, income, and growth potential.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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