Earnings Alerts

Bouygues SA (EN) Earnings: Key Highlights of 1H Adj. Current Operating Income Increase to EU796M

  • Bouygues reported an adjusted current operating income of €796 million for the first half of 2025, marking a 6.6% increase year-over-year.
  • Bouygues Construction achieved an adjusted current operating income of €150 million, which is a 12% year-over-year growth.
  • Bouygues Immobilier faced an adjusted current operating loss of €8 million, showing a 78% decline year-over-year.
  • Colas experienced an adjusted current operating loss of €116 million, a modest decrease of 2.5% year-over-year.
  • Equans posted an adjusted current operating income of €364 million, up by 21% year-over-year.
  • TF1’s adjusted current operating income rose slightly by 1.6% to €131 million year-over-year.
  • Bouygues Telecom saw its adjusted current operating income fall by 14% to €306 million year-over-year.
  • Total revenue for Bouygues was €26.87 billion, a 1.3% increase year-over-year.
  • Bouygues Construction’s revenue grew by 5.3% to €5.21 billion year-over-year.
  • Bouygues Immobilier’s revenue increased by 5.5% to €648.0 million year-over-year.
  • Colas’ revenue showed a slight rise of 0.5% year-over-year to €6.89 billion.
  • Equans’ revenue fell by 1.3% to €9.23 billion year-over-year.
  • TF1’s revenue remained stable at €1.10 billion year-over-year.
  • Bouygues Telecom’s revenue saw a 3.3% increase to €3.91 billion year-over-year.
  • Bouygues reported a net income of €220 million, which represents an 18% increase year-over-year.
  • The company confirms its fiscal year outlook, expecting a slight increase in sales and current operating profit from activities compared to 2024.
  • The estimated impact of the French Finance law and the Social Security financing law for 2025 on net profit is around €100 million for the full year. Approximately €60 million was accounted for in the first half of 2025.
  • Deputy Chief Executive Officer Pascal Grangé will retire at the end of 2025, handing over his office to the Board of Directors.
  • Stéphane Stoll has been appointed as Senior Vice-President and CFO of Bouygues, effective August 1, 2025.

Bouygues SA on Smartkarma

Independent analysts on Smartkarma are actively covering Bouygues SA, with Baptista Research recently initiating coverage on the conglomerate. In their report titled “Bouygues SA: Initiation of Coverage- Strengthening Infrastructure & Construction Activities to Drive Steady Margin Growth & Reinforce Market Position!”, Baptista Research highlighted Bouygues S.A.’s diverse interests in construction, media, telecommunications, and more. The analysts noted the company’s robust financial performance in 2024, with a 1% increase in group sales to EUR 56.8 billion and a 5% rise in current operating profit from activities to EUR 2.53 billion. Bouygues S.A. also saw a slight uptick in net profit attributable to the group, reaching EUR 1.058 billion.

Moreover, analyst Joe Jasper shared insights on the broader market landscape, upgrading Europe to overweight and monitoring the U.S. S&P 500 for a potential downgrade. With key indicators suggesting a bottoming out scenario for ACWI-US and the S&P 500, Jasper advised being bullish if ACWI is above $116 and recommended buying gold miners. Discussing near-term pullbacks in the market, particularly in the 5770-5850 range for the S&P 500 and $116 for ACWI-US, analysts like Jasper are closely watching these levels for potential buying opportunities. Additionally, Jasper’s bullish stance on Europe underscores a positive outlook on the region’s investment prospects.


A look at Bouygues SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE4.0

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 for Bouygues SA, the company has a promising long-term outlook. With a high score in Dividend and solid scores in Value, Growth, and Momentum, Bouygues SA is positioned well for continued success. The company’s strong performance in dividend payouts indicates a commitment to rewarding shareholders, while its positive scores in value and growth suggest good investment potential. Additionally, its momentum score reflects a positive trend in the company’s performance, pointing towards further growth opportunities.

Bouygues SA operates in a variety of sectors, offering construction services, real estate development, cellular communications, television production, and utility management. Its diverse range of services provides stability and growth prospects across multiple industries. Despite a slightly lower score in Resilience, the overall outlook for Bouygues SA appears optimistic, supported by its strong performance in key areas like dividend payouts 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars