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Colas — Earnings Release 2011
May 16, 2011
1214_iss_2011-05-16_081755b7-d586-46e0-9290-ca763a6e2ddd.pdf
Earnings Release
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COLAS
(Subsidiary of Bouygues) French Société Anonyme with share capital of 48,937,185 euros Head office: 7, place René Clair - 92653 Boulogne-Billancourt, France
1st QUARTER 2011 REVENUE FIGURES
| (in millions of euros) I. PARENT COMPANY |
1st quarter 2011 |
1st quarter 2010 |
Fiscal 2010 |
|---|---|---|---|
| 1st quarter • |
145 | 79 | 577 |
| II. GROUP | |||
| 1st quarter • - Roads - Civil Engineering, Pipes - Waterproofing - Signaling, Safety, Traffic management - Building - Railways |
1,557 145 155 66 78 118 |
1,285 148 134 55 86 120 |
9,044 801 585 328 345 558 |
| TOTAL | 2,119 | 1,828 | 11,661 |
The Colas Group's consolidated revenue at the end of March 2011 totaled 2.119 billion euros, compared to 1.828 billion euros at the end of March 2010, a 15.9% increase (+10.2% with comparable exchange rates and scope of business). A breakdown of these figures shows that France accounted for 1.487 billion euros (+21%) and the international units for 632 million euros (+5%).
Business during the first quarter 2011 was boosted by favorable weather in France, contrary to the first quarter 2010.
It is important to underline that 1st quarter activity is not highly significant, due to the strong seasonal nature of the majority of Colas' businesses, especially in its international units.
Work-on-hand at the end of March 2011 remains high, at 7.0 billion euros. These figures are identical to work-on-hand at the end of March 2010, in spite of an increase in revenue.