French conglomerate Bouygues Group has reported revenues of EUR32.90 billion (USD40.5 billion) for the twelve months ended 31 December 2017, an increase of 4% from EUR231.77 billion in the year-ago period. The firm generated a net profit attributable to the group (excluding exceptional items) of EUR1.09 billion in 2017, a 62% improvement from a net profit of EUR732 million twelve months earlier. The group reported that its telecoms arm Bouygues Telecom ‘met or exceeded all targets’ and recorded a 6.8% year-on-year rise in revenue, from EUR4.76 billion in 2016 to EUR5.09 billion in 2017, while EBITDA grew by EUR246 million in the period under review to EUR1.16 billion, and CAPEX stood at EUR1.21 billion. 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 EUR260 million in 2017, up from a net profit of EUR83 million in the year-ago period.
In operational terms, Bouygues Telecom reported a total of 17.83 million subscribers at 31 December 2017 (up from 16.01 million at the end of 2016), including 14.39 million mobile customers (end-2016: 13.0 million) and 3.44 million fixed broadband subscribers (3.10 million). The operator claimed to pass a total of 20 million premises with its fibre-to-the-home (FTTH) infrastructure by end-December 2017, having added eleven million to the network footprint in 2017 alone, with it having 265,000 FTTH customers on its books at end-2017.