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| Bouygues reports results for the first nine months of 2008 French construction and telecoms conglomerate Bouygues reported consolidated sales of 24.1 billion euros in the first nine months of 2008, an increase of 13% on the previous year. Bouygues Construction reported a 16% rise in sales (9% in France and 25% on international markets). Business thrived in France, especially in the building segment, while international sales were buoyed by ongoing work on major projects like the ports at Pusan (South Korea) and Tangiers (Morocco), the EPR nuclear power plant in Finland, the Gautrain project in South Africa and the Cyprus airports. Business activity continued to be brisk, keeping the order book high at 12.5 billion euros, 16% more than at end-September 2007. Bouygues Immobilier achieved a 54% increase in sales thanks to the high level of reservations in the last two years. Sales at the Colas roads unit rose by 13% (9% in France and 18% on international markets). The order book amounted to 6.3 billion euros, 5% lower than at the end of September 2007 though still high. write your comments about the article :: © 2008 Construction News :: home page |