Bouygues

Bouygues S.A. (French pronunciation: ​[bwig]) is an industrial group headquartered in the 8th arrondissement of Paris, France. Bouygues is listed on Euronext Paris exchange and is a blue chip in the CAC 40 stock market index. The company was founded in 1952 by Francis Bouygues and since 1989 has been led by his son Martin Bouygues.

Bouygues S.A.
TypeSociété Anonyme
Euronext: EN
CAC 40 Component
ISINFR0000120503 
IndustryConglomerate
Founded1952 (1952)
FounderFrancis Bouygues
Headquarters
8th arrondissement, Paris
,
France
Key people
Martin Bouygues (chairman and CEO)
ProductsCivil engineering, real estate development, media, telecommunications services
Revenue €35.55 billion (2018)[1]
€1.511 billion (2018)[1]
€1.311 billion (2018)[1]
Number of employees
129,000 (2017)[2]
SubsidiariesBouygues Construction
Bouygues Immobilier
Bouygues Télécom
Colas Group
TF1
Websitewww.bouygues.com
Bouygues head office, avenue Hoche

The group specialises in construction (Colas Group and Bouygues Construction), real estate development (Bouygues Immobilier), media (TF1 Group), and telecommunications (Bouygues Telecom).

History

The company was founded by Francis Bouygues in 1952.[3] In 1970 Bouygues became listed on the Paris Stock Exchange.[3] In 1985 and 1986 Bouygues acquired road construction groups Screg, Sacer and Colas;[note 1][4] later reorganised as Colas Group.[3][5] In 1987 the company started operating the television channel TF1[3] and in 1988 Bouygues moved into its new head office, the Challenger complex, in Saint-Quentin en Yvelines.[3] In 1996 the company launched Bouygues Télécom[3] and in 2006 the company acquired 23.26% of Alstom.[3] In 2010, through its subsidiary Nerem Telecom, Boygues also acquired HGT Telecom for $170 million from Henri Benezra and his brother Avi.[6]

In 2014, consecutively to Alstom's cession of its Energy activities to General Electric, Bouygues granted a call option to the French government allowing it to acquire a maximum of 20% of Alstom, currently owned by the group.[7]

Business structure

Telecom/media services and new construction businesses (construction, roads, buildings, etc.)[8]

Construction

  • Bouygues Construction (100% share): construction, public works, energy & services, with a presence in 80 countries worldwide
  • Colas Group (96.6% share): roadworks, construction, railways and maintenance
  • Bouygues Immobilier (100% share): residential, corporate, commercial and hotel real estate and urban development, property development

Telecoms - Media

  • Bouygues Télécom (90,5% share): mobile phone and fixed line operator
  • TF1 Group (43.9% share): audiovisual group; with TF1 and 9 other TV channels.

Transportation

  • Alstom (28.3% share): passenger transportation, signalling and locomotives[9]

Financial data
Financial data in millions of euros
Year 2001 (NF) 2002 2003 2004 (IFRS) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Sales 20 473 22 247 21 822 20 815 23 983 26 408 29 588 32 713 31 353 31 225 32 706 33 547 33 345 33 138 32 428 31 768 32 904 35 555
EBITDA 1 680 2 260 2 415 2 690 3 505 3 279 3 601 3 827 3 616 3 330 3 242 2 822 2 835 1 133 2 411 2 757 2 968 3 144
Net profit 344 666 450 909 832 1 246 1 376 1 501 1 319 1 071 1 070 633 647 807 403 732 1 085 1 311
Net debt 1 124 3 201 2 786 1 680 2 352 4 176 4 288 4 916 2 704 2 473 3 862 4 172 4 427 3 216 2 561 1 866 1 914 3 657
Cash flow 3 151 3 519 3 615 3 430 3 244 3 325 2 777 2 742 397 251 395 828 915
employees 126 560 118 892 124 300 113 334 115 441 122 561 136 700 145 150 133 971 133 456 130 827 133 780 128 067 127 470 120 254 117 997 115 530

Source : Bouygues[1]

Stock market data
  • ISIN Value Code = FR0000120503
Stock Market Data at 31 December
Années 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Market capitalisation, in millions of Euros 16 300 19 800 10 400 12 900 11 800 7 666 7 263 8 754 10 076 12 613 12 083 15 860

Major construction projects

Bouygues has been involved in many major construction projects including

Europe

Bouygues is also involved in HS2 lot C1, working as part of joint venture, due to complete in 2031.[24]

Africa

North America

Asia

Head office

The Bouygues head office is located at 32 Avenue Hoche in the 8th arrondissement of Paris. The American architect Kevin Roche worked on this building, as well as the previous head office location, the Challenger complex in Saint-Quentin-en-Yvelines. This complex, situated in a 30 hectares (74 acres) tract in Guyancourt, is now occupied by Bouygues Construction, one of the group's subsidiaries.[32][33]

Group and values

Social and environmental commitment

Since 2006, Bouygues has participated in the United Nations Global Compact[34] The group sponsors The Shift Project think tank, with several other companies such as EDF, BNP Paribas or Saint-Gobain, which promotes sustainable economic development.[35]

Patronage

Bouygues focuses its patronage on education, social issues and medical research. Each subsidiary supports its own foundation:[36]

  • The Francis Bouygues Foundation sponsors deserving high school students with a scholarship.
  • Terre Plurielle, Bouygues Construction's foundation, grants financial support to projects selected by employees. These projects concern access to health, education, and the social insertion of people facing major difficulties.
  • The Bouygues Immobilier Corporate Foundation created in 2009 aims at raising awareness about the need of sustainable construction and urban planning.
  • The Colas Foundation supports contemporary arts through the acquisition of paintings.
  • The TF1 Foundation helps young talents from underprivileged neighbourhoods to succeed in the broadcasting sector.
  • The Bouygues Telecom Foundation is committed to environmental protection, helping people in social or medical difficulty, and promoting the French language.

Controversies

Flamanville

Between 2009 and 2011, Bouygues S.A. was illegally employing workers from Poland and Romania exposing them to inhuman working conditions at the construction site of the Flamanville nuclear power plant in Normandy, France. The company was later condemned for their practices before the court in Cherbourg and was ordered to pay sanctions.[37]

Cyberattack on Bouygues Construction SA

On 30 January 2020 a ransomware-type virus was detected on Bouygues Construction's computer network although operational activity on the construction sites was disrupted. The "Maze Ransomware Gang" claimed responsibility for the attack and posted a 1.2 GB file that allegedly contained data taken from Bouygues Construction.[38]

Notes
  1. Colas became a direct subsidiary of Bouygues in 2000, after a share swap made Bouygues the direct owner[3]

References
  1. "Annual Report 2018" (PDF). Bouygues. Retrieved 15 June 2019.
  2. "Bouygues in brief". Bouygues. Retrieved 15 June 2019.
  3. Sources:
    "History". bouygues.com. Bouygues. Archived from the original on 8 July 2011. Retrieved 14 July 2011.
    "Discover the history of the Bouygues group" (PDF), bouygues.com, Bouygues, archived from the original (PDF) on 2 October 2011, retrieved 14 July 2011
  4. R. Howes; J. H. M. Tah (2003), "Company profile 2.2: The Bouygues Group", Strategic management applied to international construction, Thomas Telford, p. 22
  5. "Historique - Screg société travaux routiers, infrastructures industrielles", screg.fr (in French), archived from the original on 30 July 2011
  6. "5 Of the most significant tech acquisitions in 2010". Axcess News. 5 December 2010.
  7. Inti Landauro and Stacy Meichtry (23 June 2014). "France Lifts Hurdle to GE-Alstom Deal". WSJ. Retrieved 13 February 2016.
  8. "Bouygues - Bouygues group organisation chart: a diversified industrial group", bouygues.com, Bouygues, archived from the original on 8 July 2011, retrieved 22 July 2011
  9. "Archived copy" (PDF). Archived from the original (PDF) on 16 February 2016. Retrieved 2016-02-13.CS1 maint: archived copy as title (link)
  10. "Bouygues - Parc des Princes", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  11. "Tour Axa (1974)", en.structurae.de, Nicholas Janberg's Structurae
  12. "Bouygues - Musée d'Orsay", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  13. "Bouygues - Pont de l'Ile de Ré", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  14. "Bouygues - Arche de la Défense", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  15. "Channel Tunnel". Structurae. Retrieved 13 February 2016.
  16. "Bouygues - Bibliothèque de France", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  17. Nicholas Janberg (ed.), "Pont de Normandie / Normandy Bridge (1995)", en.structurae.de, Nicholas Janberg's Structurae
  18. "Bouygues - Stade de France", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  19. "Barnet General Hospital". Hospital Management. Retrieved 7 April 2018.
  20. "The PFI contract for the redevelopment of the West Middlesex University Hospital" (PDF). National Audit Office. Retrieved 2 July 2018.
  21. "Brent Emergency Care & Diagnostic Centre, London, UK". UKIHMA. 31 October 2007. Retrieved 29 April 2018.
  22. "Broomfield Hospital PFI Project Closes". Operis. 17 December 2007. Retrieved 27 April 2018.
  23. "North London PFI hospital gets financial close". Construction News. 31 October 2007. Retrieved 29 April 2018.
  24. "HS2 contracts worth £6.6bn awarded by UK government". the Guardian. 17 July 2017. Retrieved 13 October 2017.
  25. "Bouygues - Mosquée Hassan II", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  26. "Ivory Coast's long-awaited toll bridge opens to traffic". Yahoo! News. 21 December 2014. Retrieved 22 March 2015.
  27. Shani Wallis (July 2010), "Port of Miami Tunnel gets underway", tunneltalk.com, TunnelTalk
  28. 2015 Registration Document page 36]
  29. "Bouygues inaugure sept bâtiments publics au Turkménistan", lemoniteur.fr (in French), AFP via LeMoniteur.fr, 4 January 2011, archived from the original on 6 October 2011, retrieved 22 July 2011
  30. "Teach English in asia - ESL Jobs, Games, and Travel Blog". Archived from the original on 2 April 2015. Retrieved 13 February 2016.
  31. "Singapore Sports Hub, Kallang". Design Build Network. Retrieved 13 February 2016.
  32. "Bouygues reste fidèle à son architecte", journaldunet.com (in French), Le Journal du Net, retrieved 22 July 2011
  33. "Contacts Archived 29 December 2011 at the Wayback Machine." Bouygues Construction. Retrieved on 27 December 2011. "Bouygues Construction Challenger 1, avenue Eugène Freyssinet Guyancourt 78061 St-Quentin-en-Yvelines France"
  34. "Bouygues". Retrieved 13 February 2016.
  35. "Sponsors". Retrieved 13 February 2016.
  36. "Bouygues Patronage". Archived from the original on 16 March 2015.
  37. Isabelle Rey-Lefebvre (21 March 2017). "Condamné pour travail dissimulé, Bouygues n'est pas écarté des appels d'offres". Le Monde (in French). Retrieved 15 November 2017.
  38. "Bouygues Construction IT taken out by ransomware". iTnews. 5 February 2020. Retrieved 13 July 2020.

Further reading
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