French conglomerate Bouygues Group has reported revenues of EUR34.694 billion (USD48.9 billion) for the twelve months ended 31 December 2020, a decrease of 9% from EUR37.929 billion in the year-ago period. The firm generated a net profit attributable to the group (excluding exceptional items) of EUR696 million in 2020, down EUR488 million from a net profit of EUR1.184 billion reported in 2019. The group reported, however, that its telecoms arm Bouygues Telecom ‘continued its growth in 2020 and demonstrated its ability to maintain the quality of its networks while usage rose sharply as a result of the COVID-19 crisis’ with a 6% year-on-year rise in revenue, from EUR6.058 billion in 2019 to EUR6.438 billion in 2020, while EBITDAaL increased by EUR91 million in the period under review to EUR1.502 billion, and CAPEX stood at EUR1.025 billion (EUR836 million in 2019). The telecoms operator reported a net profit of EUR377 million for the full year of 2020, up from EUR343 million in the year-ago period.
In operational terms, Bouygues Telecom reported a total of 22.918 million subscribers at 31 December 2020 (up from 21.716 million at the end of 2019), including 18.755 million mobile customers (end-2019: 17.800 million) and 4.163 million fixed broadband subscribers (3.916 million). The operator claimed to have 1.600 million FTTH customers on its books at the end of 2020, up from one million at end-2019.