Bouygues 2022 internet revenue dips to $1.03 billion

Bouygues SA
EN,
+0.51%
reported an increase in 2022 gross sales and set out monetary targets for its multi-technical companies specialist Equans.

The French telecoms-and-industrial firm mentioned it made 973 million euros ($1.03 billion) in internet revenue for the yr, in contrast with EUR1.13 billion in 2021, on gross sales that grew 18% to EUR44.32 billion.

The firm mentioned it’s going to suggest a dividend of EUR1.80 per share.

The Paris-based firm mentioned backlog at its building and companies companies rose 2% to EUR33.8 billion. Its EUR20.6 billion backlog at Bouygues Construction gives good visibility on future exercise, the corporate mentioned.

For 2023, Bouygues mentioned that’s it concentrating on 2023 gross sales near 2022 ranges and a rise to its present working revenue from actions.

Separately, Bouygues mentioned that it concentrating on a slight improve in gross sales in 2023 and 2024 for Equans, which the corporate acquired in October.

Equans is concentrating on 2023 present working margin from actions of between 2.5% and three%, rising to 4% in 2025 and 5% in 2027.

Write to Pierre Bertrand at pierre.bertrand@wsj.com

Source web site: www.marketwatch.com

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