Bouygues Telecom’s 2018 revenues up 6% y-o-y

21 Feb 2019

French conglomerate Bouygues Group has reported revenues of EUR35.555 billion (USD40.3 billion) for the twelve months ended 31 December 2018, an increase of 8% from EUR32.923 billion in the year-ago period. The firm generated a net profit attributable to the group (excluding exceptional items) of EUR1.047 billion in 2018, a 15.3% improvement from a net profit of EUR908 million twelve months earlier. The group reported that its telecoms arm Bouygues Telecom ‘continued its good commercial momentum’ and recorded a 5.6% year-on-year rise in revenue, from EUR5.060 billion in 2017 to EUR5.344 billion in 2018, while EBITDA grew by EUR171 million in the period under review to EUR1.268 billion, and CAPEX stood at EUR1.242 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 EUR447 million in 2018, up from a net profit of EUR231 million in the year-ago period due to gains on the sale of mobile sites and fibre-to-the-home (FTTH) infrastructure, and EUR110 million related to the cancellation of fees paid for the use of 1800MHz frequencies prior to 2018.

In operational terms, Bouygues Telecom reported a total of 20.027 million subscribers at 31 December 2018 (up from 17.829 million at the end of 2017), including 16.351 million mobile customers (end-2017: 14.387 million) and 3.676 million fixed broadband subscribers (3.442 million). The operator claimed to pass a total of 30.6 million premises with its FTTH infrastructure at end-December 2018, having added eleven million premises to the network footprint in 2018 alone, with it having 569,000 FTTH customers on its books at the end of that year.

France, Bouygues Telecom