Bouygues Telecom reports net profit of EUR57m in 9M16

16 Nov 2016

French conglomerate Bouygues Group has reported revenue of EUR23.113 billion (USD24.85 billion) for the nine months to 30 September 2016, a decrease of 3% from EUR23.824 billion in the year-ago period. The firm generated a net profit attributable to the group (excluding exceptional items) of EUR412.0 million in the first nine months of 2016, a 29% improvement from the EUR320.0 million twelve months earlier. Bouygues Telecom also recorded a 6% year-on-year rise in revenue from EUR3.319 billion in 9M15 to EUR3.503 billion, while its EBITDA grew by EUR132 million in the twelve-month period to EUR697 million. Bouygues Telecom reported operating profit of EUR117.0 million for the nine months to end-September, after non-current charges of EUR65.0 million (related to the rollout of network sharing with the SFR Group) and a capital gain of EUR56.0 million (due to the sale of 230 towers to Cellnex). The telecoms operator’s net profit reached EUR57.0 million in 9M16, up from a net loss of EUR50.0 million in the year-ago period.

In operational terms, Bouygues Telecom reported a total of 15.663 million subscribers at 30 September 2016 (up from 15.343 million three months earlier), including 12.660 million mobile customers (12.433 million at end-June 2016) and 3.003 million fixed broadband subscribers (2.910 million). The operator claimed a total of 6.5 million 4G LTE users at September 2016, equivalent to 62% of its mobile base (excluding M2M).

France, Bouygues Telecom