Construction sales rise at Eiffage

Premium Content

23 May 2016

Eiffage has recorded group revenues of €2.99 billion for the first quarter of 2016, representing a decrease of 1.7% from the same period a year ago.

The French company said the fall in its group revenues was due to a sales decline in its contracting sector of 3.5% year-on-year.

The company’s construction sector, however, saw an increase in its revenues of 2.9% to €812 million, compared to the first quarter of 2015.

In France, construction sales were recorded at €654 million for the first quarter, which is an increase of 0.6%. Construction sales for the rest of Europe grew 13.7% to €158 million.

The company said its order intake ended the first quarter very strongly in the French provinces.

Looking ahead, Eiffage said it expected a slight decline in its sales for 2016, despite seeing an increase in its order book of 0.3% year-on-year.

Latest News
New head of KHL’s Content Studio discusses how people make decisions on what to buy
Jon Abrahams describes why industry stalwarts and disruptors alike should consider adding content marketing to their business strategies
Crane Institute of America appoints L.D. Stutes as GM
Stutes enters this newly created position with 37 years of experience.