PARIS (Agefi-Dow Jones)–The construction and concessions group Eiffage said on Wednesday that it expected a further improvement in its results this year, after returning to its pre-crisis level of activity and doubling its result. net in 2021.
The group also announced the increase of its annual dividend to 3.10 euros per share, against 3 euros for the previous year.
In 2021, Eiffage generated net income of 777 million euros, compared to 375 million euros the previous year. Its current operating profit increased by 52% over the period, to 1.92 billion euros.
The group’s turnover increased by nearly 15%, to 18.72 billion euros. At constant exchange rates and scope, growth reached 14.4%. This increase reflects a 14% rebound in construction and public works activities, and 17% in concessions. The group’s two divisions achieved a slightly higher turnover last year than in 2019.
According to a FactSet consensus, analysts on average expected a net profit of 738 million euros, an operating result (Ebit) of 1.87 billion euros and a turnover of 18.73 billion euros.
At the end of December, the order book reached 16.3 billion euros, up 1% over one year.
For 2022, Eiffage anticipates a slight increase in its construction and public works activity and more sustained growth in concessions, driven by a good dynamic in motorway traffic. Results are expected to improve in both divisions.
-Thomas Varela, Agefi-Dow Jones; 01 41 27 47 99; [email protected] ed: LBO
EIFFAGE FINANCIAL RELEASES:
http://www.eiffage.com/FR/press/
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February 23, 2022 12:23 ET (17:23 GMT)