Bouygues Telecom reports a net profit of EUR229m in 9M17

16 Nov 2017

French conglomerate Bouygues Group has reported revenues of EUR23.8 billion (USD28 billion) for the nine months ended 30 September 2017, an increase of 3% from EUR23.1 billion in the year-ago period. The firm generated a net profit attributable to the group (excluding exceptional items) of EUR659 million in 9M 2017, a 60% improvement from a net profit of EUR412 million twelve months earlier. The group reported that its telecoms arm Bouygues Telecom continued its ‘very good commercial performance’ and recorded a 6.4% year-on-year rise in revenue, from EUR3.5 billion in 9M16 to EUR3.7 billion, while its EBITDA grew by EUR185 million in the period under review to EUR882 million, and CAPEX stood at EUR605 million (unchanged year-on-year). The operator attributed the positive results to price increases in the premium mobile and all fixed segments introduced at the end of May 2017, as well as the slightly favourable effect from new roaming regulations. The telecoms operator reported net profit of EUR229 million in 9M17, up from a net profit of EUR57 million in the year-ago period.

In operational terms, Bouygues Telecom reported a total of 17.3 million subscribers at 30 September 2017 (up from 16.1 million at the end of 2016), including 13.9 million mobile customers (end-2016: 13.0 million) and 3.4 million fixed broadband subscribers (3.1 million). The operator claimed that it passed a total of 18.0 million fibre-optic premises by end-September 2017, corresponding to two million additional fibre-to-the-home (FTTH) premises in 3Q17, with 594,000 very high-speed customers at end-September 2017.

France, Bouygues Telecom