Bouygues Q1 core loss less than expected, ups telecom outlook

COLAS SA

20/05/2021 06:31

May 20 (Reuters) - French conglomerate Bouygues  BOUY.PA 
reported a lower than expected first-quarter core loss on
Thursday and raised the full-year guidance for its telecom
division, citing a strong performance across the board.
    The family-run group's current operating loss, which
narrowed to 77 million euros ($94 million), came close to the
levels of the first quarter of 2019 and was below the 142
million loss analysts estimated in a company-provided consensus.
    Paris-based Bouygues confirmed its full-year guidance for
the group, but raised the core profit target - after leases -
for its telecom division. 
    ($1 = 0.8211 euros)

 (Reporting by Juliette Portala and Pawel Goraj. Editing by Mark
Potter)
 ((pawel.goraj@tr.com ; +48 587 696 693 ; +48 691 300 847))