Q1 2026 Bouygues SA Earnings Call Transcript

May 7, 2026 / 07:00 AM GMT

Release Date Price: $11.9 (-4.42%)

Transcript

Key Points

Positve

Bouygues (BOUYY) confirmed its 2026 outlook despite a challenging macroeconomic environment.
Net debt significantly improved by over EUR 2 billion year-on-year, indicating strong financial management.
Equance's COPA and margin from activities showed strong improvement, demonstrating successful execution of strategic plans.
Bouygues Telecom experienced robust growth in fixed customers, with a notable increase in FTTH subscribers.
The construction division's backlog remained high, providing visibility on future activities.

Negative

Group sales were down 3.2% year-on-year, partly due to negative exchange rate effects.
The construction division's backlog decreased by 6% year-on-year, indicating potential future challenges.
TF1's sales declined by 9% year-on-year, impacted by a declining advertising environment.
Bouygues Immobilier experienced a soft start to the year with a 6% decline in sales.
Bouygues Telecom's mobile ARPU declined, reflecting intense competition and low acquisition prices.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BOUY.PA - Bouygues SA
Q1 2026 Bouygues SA Earnings Call
May 07, 2026 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Hello, and welcome to the group BUIG Q1 2026 results call. For the first part of the conference call, you will be in listen-only mode. During the questions and answers session, you are able to ask questions by dialing pound key 5 on your telephone keypad. Now I will hand the conference over to Frederick Delavo, Head of Investor Relations. Please go ahead.

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Unidentified_2 [2]
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Thank you very much. Good morning, everyone, and thank you for joining us for the presentation of BWIG's first quarter 2026 results.

This presentation will be led by Stefan Stoll, Senior

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