Half Year 2023 Bouygues SA Earnings Call Transcript

Jul 28, 2023 / 07:00AM GMT
Olivier Roussat - Bouygues SA - Group CEO

Good morning, everyone. Let us start this presentation of the half year results. We'll do this with Pascal Grange and then we will have a discussion with all the heads of divisions that have come here for the occasion.

All right. So well, let us start with the main figures for the first half of the year. Revenue stood at EUR 26.1 billion, a 41% increase, reflecting the acquisition of EQUANS in October. At the beginning of the year, we didn't have EQUANS on a like-for-like at constant exchange rate basis, the actual increase only 3% percent. COPA stands at EUR 214 million at EUR 727 million.

Net income attributable to the group stands at EUR 225 million, up EUR 78 million. And we put some details on the net debt. Net debt grew from EUR 3.7 billion to EUR 10.6 billion. Well, if you restate this for the acquisition of EQUANS that took place last October. So restating it and also plus the amount paid to Free Mobile, I'll get back to that.

And the buyback of our own treasury shares, the net debt would been actually better. The reason I said

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