Bouygues Telecom's sales were up 5% year on year to €3.52B

December 5, 2007

1 Min Read

PARIS -- The Bouygues group's sales for the first nine months of 2007 rose by 11%. Operating profit was up 19% and net profit climbed 20% to 1,111 million euros. Excluding profit from companies divested in 2006 (Bouygues Telecom Caraïbe and TPS), net profit from continuing operations increased by 38%. This solid performance reflected the same trend as in the first half of 2007.

Bouygues Telecom's excellent performance was the result of marketing investments made in 2006. At 30 September 2007, sales were up 5% and the EBITDA margin was 33.9% of sales from network, a rise of 3.3 points. This solid profitability at 30 September was due to growth in sales, non-recurring items recognised in the first half of 2007 (+30 million euros) and lower subscriber acquisition costs than in the first nine months of 2006. Subscriber acquisition and retention costs are expected to rise markedly in the fourth quarter of 2007 compared with the same period in 2006.

Current operating profit was up 40% to 694 million euros. Net profit totalled 455 million euros.

Bouygues Telecom

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