French conglomerate Bouygues Group has reported revenue of EUR31.768 billion (USD33.5 billion) for the twelve months to 31 December 2016, a decrease of 2% from EUR32.428 billion in the year-ago period. The firm generated a net profit attributable to the group (excluding exceptional items) of EUR632.0 million in the period under review, a 29% improvement from the EUR489.0 million twelve months earlier. Its telecoms arm, Bouygues Telecom, meanwhile, recorded a 6% year-on-year rise in revenue from EUR4.505 billion in 2015 to EUR4.761 billion, while its EBITDA grew by EUR164 million in the twelve-month period to EUR916 million. Bouygues Telecom reported operating profit of EUR169.0 million for the twelve months to end-December (up by EUR303 million from a loss of EUR134 million in 2015), after non-current charges of EUR84 million (related to the rollout of network sharing with the SFR Group) and a non-current gain of EUR104 million (due to the sale of 230 towers to Cellnex). The telecoms operator’s net profit reached EUR83.0 million in 2016, up from a net loss of EUR59.0 million in the year-ago period.
In operational terms, Bouygues Telecom reported a total of 16.097 million subscribers at 31 December 2016 (up from 14.678 million twelve months earlier), including 12.996 million mobile customers (11.890 million at end-2015) and 3.101 million fixed broadband subscribers (2.788 million). The operator claimed a total of 6.9 million 4G LTE users at December 2016, equivalent to 65% of its mobile base (excluding machine-to-machine [M2M]).