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| Eiffage announces sales 2005 French construction group Eiffage - that built the Eiffel Tower - recorded consolidated sales of €8, 433 million in the year ended 31 December 2005, up 9.6% from €7, 692 million in 2004. Of this increase, 4.6% was contributed by acquisitions. Growth was recorded in France (9.1% increase) and the rest of Europe (9.9% increase), with particularly strong growth of 12.7% being recorded in the fourth quarter. Construction and Civil Engineering benefited from favourable trading conditions in France (6.8% increase), with performances boosted by particularly large property sales in the fourth quarter. Road Construction and Maintenance recorded the same growth in France and the rest of Europe, with acquisitions contributing 2.3%. The order book increased by 5.7% year-on-year to €7.45 billion at 1 January 2006, equivalent to 11 months of activity. This figure does not include a programme for the construction of four penal institutions awarded to the group at the end of 2005 under a Public-Private Partnership scheme. write your comments about the article :: © 2006 Construction News :: home page |