French conglomerate Bouygues Group has announced its financial results for the three months ended 31 March 2015, reporting 2% decline in revenues to EUR6.7 billion (USD7.67 billion) for Q1 2015, while net profit attributable to the group (excluding exceptional items) decreased by EUR395.0 million in the period under review to a loss of EUR157.0 million. Revenues generated by its telecoms arm Bouygues Telecom amounted to EUR1.1 billion, a 2% decline y-o-y. Bouygues Telecom’s EBITDA meanwhile remained flat at EUR118.0 million, while the operator reported operating loss of EUR49.0 million in Q1 2015.
In operational terms, Bouygues Telecom reported a total of 13.797 million subscribers at 31 March 2015, with 248,000 net additions in the period under review. The company signed up 11.273 million mobile users by that date, up by 1.4% y-o-y, while subscribers to Bouygues’ fixed broadband offerings also increased, by 96,000 new users, reaching a total of 2.524 million. Further, the company has announced that as at end-March 2015, 3.5 million users subscribed to 4G Long Term Evolution (LTE) services, equivalent to 31% of its total mobile base.