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).