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CAPITAL GOODS: Bouygues (ENFP A3/A-[N]/NR): 2Q24 Results

CAPITAL GOODS

Not a hugely important release, with FY cycles.

  • 2Q revenue in-line with expectations. 1H +1% YoY.
  • Adj. EBIT beat by 3%. EBITDA 3% lower YoY.
  • Net debt €1.9bn lower YoY at €8.7bn.
  • FY24 outlook confirmed.
  • Webcast replay https://channel.royalcast.com/bouyguesen/#!/bouyguesen/20240726_1

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