Eiffage fares better outside France

13 November 2018

127443 eiffage logo

Consolidated third quarter sales in the construction division at French-based contractor Eiffage decreased by 4.0% to €2.08 billion in France, but increased by 54.8% to €703 million in Europe outside France – particularly in the Benelux countries.

The group reported that the contribution to the activity of Priora, the recently-acquired Swiss-based construction company was €153 million.

In the infrastructure segment, sales of €3.97 billion were said to be up 17.2% on a reported basis and by 13.1% on a like-for-like basis.

In France, sales increased by 12.0% to €2.50 billion, with very strong increases reported for civil engineering, thanks to work on the Grand Paris Express project, as well as road construction, which was up 7.7%.

In Europe outside France, sales increased by 9.8% to €1.11 billion, particularly in Germany and Spain.

Outside Europe, sales reached €361 million, which compared to €145 million at the end of September 2017. This was, in part, thanks to the maritime works activities acquired from Saipem at the end of 2017, which contributed €101 million.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
7 ways construction is tackling sustainability
As the need for sustainability becomes more apparent across the globe, firms are launching new proposals to meet these growing demands
10 ways to join the hydrogen power revolution
Interest in the use of hydrogen has soared over the past few years as the construction industry races to reduce its carbon footprint. We roundup some recent initiatives
Telescopic boom lifts - the trends
Higher capacities and 100% electric models are the trend. And what lies ahead for 200ft models, or above?
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA