Bouygues trounces core profit estimates, raises Equans margin target (updated)

Bouygues SA

30/07/2026 06:58

Adds context, details on earnings and outlook throughout
By Gianluca Lo Nostro
July 30 (Reuters) - Bouygues BOUY.PA reported a half-year core profit well ahead of market expectations on Thursday, with the French conglomerate saying its energy activities easily outweighed weakness in the television and telecoms businesses.
Bouygues has struggled to boost sales due to waning TV advertising revenue and persisting price pressures in the telecoms market.
But the $20 billion family-controlled group is attempting to overcome those snags through its profitable energy services business, a newly reorganised construction division, and the planned acquisition of French mobile operator SFR.
H1 sales fell 1.1% to €26.29 billion ($30.11 billion), above the €26.12 billion estimate in a company-compiled consensus
Current operating profit from activities reached €829 million, ahead of analysts' average forecast of €776 million
The French conglomerate confirmed its annual group outlook
It raised full-year margin target for energy business Equans to at least 5.2%, versus 5% previously
Construction unit won a €1.2 billion contract with hyperscale data centre specialist Airtrunk in Australia
($1 = 0.8732 euros)

(Reporting by Gianluca Lo Nostro; Editing by Milla Nissi-Prussak)
((gianluca.lonostro@thomsonreuters.com;))