campus Pierre Berger

Financial information at 30 September 2020

Eiffage Group

In third quarter 2020, Eiffage posted consolidated revenue of €4.6 billion, down slightly by 2.3% compared to third quarter 2019 (-3.1% in Contracting and +1.3% in Concessions).
 

At 30 September 2020, the Group's consolidated revenue thus stood at €11.5 billion, down 13.1% in actual terms and 13.7% on a like-for-like basis.
In Contracting, activity fell by 13.2% (-13.4% like-for-like) to stand at €9.5 billion.

Outlook

The Contracting order book stood at €16.4 billion at 30 September 2020, up 13% year-on-year (-4% in the last three months), representing 14.3 months of activity. Its year-on-year growth is explained by the production postponement in the first half of the year, but also by the awarding of major contracts despite a decline in orders in certain business activities.

This order book and the level of activity in Works between July and October confirm the prospect of a slight decline in revenue in the second half of the year. This forecast is based on the assumption that construction sites will continue to operate during periods of lockdown in the various countries where Eiffage operates. The measures taken by the Group to face up to the sanitary constraints as well as the desire of the respective governments are such as to allow this continuity.

In Concessions, as indicated at the time of publication of the interim financial statements, the development of the pandemic and its consequences in terms of travel restrictions do not allow reliable anticipation of motorway and air traffic.

In view of these factors and the activity in the third quarter, Eiffage still anticipates a marked decline in its business and results for the year as a whole, which will however recover significantly in the second half of the year when compared to the first one.

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