Bouygues

Bouygues S.A.
Type	Société Anonyme
Traded as	Euronext: EN; CAC 40 Component
ISIN	FR0000120503
Industry	Conglomerate
Founded	1952
Founder	Francis Bouygues
Headquarters	8th arrondissement, Paris, France
Key people	Martin Bouygues (chairman and CEO)
Products	Civil engineering, real estate development, media, telecommunications services
Revenue	€35.55 billion (2018)[1]
Operating income	€1.511 billion (2018)[1]
Net income	€1.311 billion (2018)[1]
Number of employees	129,000 (2017)[2]
Subsidiaries	Bouygues Construction; Bouygues Immobilier; Bouygues Télécom; Colas Group; TF1
Website	www.bouygues.com

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 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

The Parc des Princes completed in 1972[10]
The Tour First in 1974[11]
The Musée d'Orsay completed in 1986[12]
The Île de Ré bridge completed in 1988[13]
The Grande Arche completed in 1989[14]
The Channel Tunnel completed in 1994[15]
The Bibliothèque nationale de France completed in 1995[16]
The Pont de Normandie completed in 1995,[17]
The Stade de France completed in 1998[18]
The expansion of Barnet Hospital completed in 2002[19]
The redevelopment of West Middlesex University Hospital completed in 2003[20]
The Brent Emergency Care and Diagnostic Centre completed in 2006[21]
The expansion of Broomfield Hospital in Chelmsford completed in 2010[22]
The expansion of North Middlesex University Hospital completed in 2010[23]

Bouygues is also involved in HS2 lot C1, working as part of joint venture, with main construction work to start in 2018/9.[24]

Africa

The Hassan II Mosque completed in 1992[25]
The Henri Konan Bédié Bridge in Abidjan completed in 2014[26]

North America

The company also building the Port of Miami Tunnel completed in 2014.[27]
Construction of the Iqaluit Airport terminal with an expected completion date of 2017.[28]

Asia

The Kipchak Mosque completed in 2004.[29][30]
The Singapore Sports Hub completed in 2014[31]

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]

Notes

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

References

"Annual Report 2018" (PDF). Bouygues. Retrieved 15 June 2019.
"Bouygues in brief". Bouygues. Retrieved 15 June 2019.
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"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
R. Howes; J. H. M. Tah (2003), "Company profile 2.2: The Bouygues Group", Strategic management applied to international construction, Thomas Telford, p. 22
"Historique - Screg société travaux routiers, infrastructures industrielles", screg.fr (in French), archived from the original on 30 July 2011
"5 Of the most significant tech acquisitions in 2010". Axcess News. 5 December 2010.
Inti Landauro and Stacy Meichtry (23 June 2014). "France Lifts Hurdle to GE-Alstom Deal". WSJ. Retrieved 13 February 2016.
"Bouygues - Bouygues group organisation chart: a diversified industrial group", bouygues.com, Bouygues, archived from the original on 8 July 2011, retrieved 22 July 2011
"Archived copy" (PDF). Archived from the original (PDF) on 16 February 2016. Retrieved 2016-02-13.CS1 maint: archived copy as title (link)
"Bouygues - Parc des Princes", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
"Tour Axa (1974)", en.structurae.de, Nicholas Janberg's Structurae
"Bouygues - Musée d'Orsay", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
"Bouygues - Pont de l'Ile de Ré", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
"Bouygues - Arche de la Défense", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
"Channel Tunnel". Structurae. Retrieved 13 February 2016.
"Bouygues - Bibliothèque de France", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
Nicholas Janberg (ed.), "Pont de Normandie / Normandy Bridge (1995)", en.structurae.de, Nicholas Janberg's Structurae
"Bouygues - Stade de France", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
"Barnet General Hospital". Hospital Management. Retrieved 7 April 2018.
"The PFI contract for the redevelopment of the West Middlesex University Hospital" (PDF). National Audit Office. Retrieved 2 July 2018.
"Brent Emergency Care & Diagnostic Centre, London, UK". UKIHMA. 31 October 2007. Retrieved 29 April 2018.
"Broomfield Hospital PFI Project Closes". Operis. 17 December 2007. Retrieved 27 April 2018.
"North London PFI hospital gets financial close". Construction News. 31 October 2007. Retrieved 29 April 2018.
"HS2 contracts worth £6.6bn awarded by UK government". the Guardian. 17 July 2017. Retrieved 13 October 2017.
"Bouygues - Mosquée Hassan II", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
"Ivory Coast's long-awaited toll bridge opens to traffic". Daily Mail. 21 December 2014. Retrieved 22 March 2015.
Shani Wallis (July 2010), "Port of Miami Tunnel gets underway", tunneltalk.com, TunnelTalk
2015 Registration Document page 36]
"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
"Teach English in asia - ESL Jobs, Games, and Travel Blog". Archived from the original on 2 April 2015. Retrieved 13 February 2016.
"Singapore Sports Hub, Kallang". Design Build Network. Retrieved 13 February 2016.
"Bouygues reste fidèle à son architecte", journaldunet.com (in French), Le Journal du Net, retrieved 22 July 2011
"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"
"Bouygues". Retrieved 13 February 2016.
"Sponsors". Retrieved 13 February 2016.
"Bouygues Patronage". Archived from the original on 16 March 2015.
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.