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| Colas reports rise in first half-year figures Colas, part of France-based construction giant Bouygues, reported strong results for its first Half-year of 2007, ended June 30, 2007. Consolidated revenue rose 9.3%, totaling 4.925 billion euros, compared to 4.507 billion euros at the end of June 2006. The group share of net profit reached 117 million euros, compared to 70 million on June 30, 2006, thus reflecting the good performance of the subsidiaries during the first half-year. The year has gotten off to a good start and all of Colas' businesses have recorded an excellent first half-year. Given that Colas' work-on-hand at the end of July 2007 was up 7% compared to the end of July 2006 and in light of all currently available data, in particular the depreciation of the dollar against the euro, revenue targets for 2007 have now been set at more than 11.4 billion euros, with an additional increase in net profit. write your comments about the article :: © 2007 Construction News :: home page |