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Half-year results: 2023 outlook confirmed

Outlook 2023 confirmed thanks to significant growth in construction and concessions business in the first half.

Half-year results: 2023 outlook confirmed

Significant increase in the Group’s revenue (up 10.4%), mainly driven by organic growth (up 9.0%)

  • Contracting (up 10.4%): growth in all the divisions, varying from one business line to another; strong momentum in Europe excluding France (up 22.4%)
  • Concessions (up 10.2%): increase of motorway and airport traffic; contribution from new assets 

Significant increase in earnings:

  • Operating profit on ordinary activities of €1,009 million (up 9.1%) / improvement in Contracting’s profitability
  • Net profit attributable to the equity holders of the parent of €392 million (up 10.7%)

Positive free cash flow of €0.3 billion, despite the seasonality of the Contracting 
New increase of the Contracting order book to €19.8 billion (up 10% year-on-year)

Read the press release


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