Group-wide revenue at French giant also rose above 2019 figure
Profit at the construction arm of Bouygues, which is helping build part of the HS2 railway in the Chilterns, returned to pre-pandemic levels last year.
According to the French giant鈥檚 full-year results for 2022, operating profit from activities in its construction and services business was up 10% to 鈧�918m (拢809m) 鈥� and 鈧�8m (拢7m) higher than 2019鈥檚 pre-pandemic figure.
Income at its largest business also increased by 9% to 鈧�30.5bn (拢27bn) in 2022, driven mainly by its rail specialist Colas, which booked 鈥渟ignificant orders鈥� in the UK and Egypt.
Bouygues, which operates in a range of areas from construction to media and telecoms, was ravaged by strict lockdowns in its domestic market in 2020, with group-wide profit only returning to pre-pandemic levels in 2021.
Operating profit across the group increased to just under 鈧�2bn (拢1.8bn) in 2022, a 16% rise on last year鈥檚 number. The firm also booked improved revenue 鈥� up 18% from 鈧�37.6bn (拢33bn) in 2021 to 鈧�44.3bn (拢39bn) last year.
Bouygues, which has also been working on the Hinkley Point C scheme in Somerset, and will start work this year on a new facility to replace Moorfields Eye Hospital in north London, said last summer that revenue from its UK arm was up 15% to 拢484m in 2021. Pre-tax profit in the same period was up 43% to 拢835,000.
No comments yet