13.11.2024
Third-Quarter Results: Eiffage Continues Its Growth Momentum
With strong order intake sustained in the third quarter, the Group continues its growth momentum, driven by an increase in its Contracting order book and a confirmation of its 2024 outlook (at a corporation tax rate constant compared to 2023).
Further brisk growth:
- Revenue to end-September up 6.8% (Contracting +7.0%, Concessions +6.1%), Europe excluding France +16.4%
- Solid third-quarter revenue growth of 7.7% (Contracting +7.9%, Concessions +7.0%)
Increase in Contracting order book to €28.8 billion (+47% year-on-year and +11% since the start of the year) ▪ Highlights post-30 September 2024:
- Finalisation of the acquisition of Eqos in Germany
- Eiffage/APRR consortium awarded the concession contract for the future A412 motorway
Operating outlook for 2024 confirmed:
- Revenue growth (Contracting and Concessions)
- New increase in Contracting operating profit on ordinary activities; Concessions operating profit on ordinary activities impacted by new transport infrastructure tax
- Net profit Group share of the same order as in 2023 on a constant corporation tax basis
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