Eiffage SA (FGR.PA)
- Simply Wall St.
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- Reuters
France's Eiffage reports 9-month revenue growth, confirms outlook
Contracting revenue for the builder of roads, tunnels and electric infrastructure grew 8.5% to 13.11 billion euros ($14.04 billion) due to strong momentum in Europe excluding France, it said in a statement. The Concessions unit, which collects tolls, rose 9.5% as its Autoroutes Paris-Rhin-Rhône (APRR) subsidiary, France's second and Europe's fourth motorway operator, saw increased traffic and passengers growth at airports. Total revenue rose to 15.89 billion euros from 14.63 billion in the first nine months of 2022.
- Reuters
France's Eiffage reports first-half revenue up 10.4%
The company, which builds roads, tunnels and electric infrastructure, also said it had seen an increase of 9.1% in operating profit on ordinary activities in the first six months through June. The company is Channel Tunnel operator Getlink's main shareholder at around 18.8%, and the co-owner of Autoroutes Paris-Rhin-Rhône (APRR), France's second and Europe's fourth motorway operator by revenue. In July, APRR reported a 3% increase in traffic and a 76.8% EBITDA margin during the first half of the year.
