French group says major construction projects outside France helped boost building turnover to 拢4.5bn in 2006
French group Bouygues has said sales for 2006 increased 10% with its three contracting and property businesses delivering a strong performance.
Sales grew to 拢17.7bn for the 12 months to 31 December 2006. Bouygues, which also runs a telecommunications business, said contracting and property performed particularly well.
Bouygues Construction, its building arm, posted a 15% rise in sales to 拢4.5bn driven by a buoyant building market in France and major construction projects outside France. Property development arm, Bouygues Immobilier, generated a 3% rise in sales to 拢1.1bn despite a drop in corporate and commercial property. Colas, which works in the transport and infrastructure arena, saw a 13% rise in sales to 拢7.1bn.
The telecommunication business and the holding company accounted for the remaining 拢5bn of sales.
Bouygues Construction has around 300 employees in the UK and in 2005 it had sales of 拢100m.
