Bouygues raises quarterly profits by nearly a third

6th June 2007, Comments 0 comments

PARIS, June 6, 2007 (AFP) - International construction group Bouygues reported on Wednesday that net profit in the first quarter rose by 28.0 percent to 189 million euros (255 million dollars).

PARIS, June 6, 2007 (AFP) - International construction group Bouygues reported on Wednesday that net profit in the first quarter rose by 28.0 percent to 189 million euros (255 million dollars).

In the first quarter, operating profit rose by 15.0 percent to 336 million euros.

The outcome exceeded expectations by analysts, and the company raised its forecast for growth of sales this year.

The group said it now expected sales in the whole of 2007 to total 28.8 billion euros, an increase of 9.0 percent in a year from 8.0 percent estimated at the beginning of this year.


Copyright AFP

Subject: French news

0 Comments To This Article