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Colas — Earnings Release 2012
May 15, 2012
1214_iss_2012-05-15_4dc89e43-00c6-4766-b68f-f41eb4e59a93.pdf
Earnings Release
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COLAS
(subsidiary of Bouygues) French Société anonyme with share capital of 48,981,748.50 euros Head office: 7, place René Clair, 92653 Boulogne-Billancourt, France
1 ST QUARTER 2012 REVENUE FIGURES
| 1st quarter | 1st quarter | Fiscal | |
|---|---|---|---|
| (in millions of euros) | 2012 | 2011 | 2011 |
| I. PARENT COMPANY | |||
| st quarter 1 |
192 | 145 | 757 |
| II. GROUPE | |||
| st quarter 1 - Roads - Civil Engineering, Pipelines - Waterproofing - Signaling, Safety, Traffic management - Building - Railways - Sales of refined oil products |
1,518 131 158 73 78 131 120 |
1,487 145 155 66 78 118 70 |
9,412 758 659 345 304 598 336 |
| TOTAL | 2,209 | 2,119 | 12,412 |
The Colas Group's consolidated revenue at the end of March 2012 totaled 2.209 billion euros, compared to 2.119 billion euros at the end of March 2011, up 4.2% (3.0% with comparable exchange rates and scope of business). A breakdown of these figures shows that France accounted for 1.440 billion euros (-1.2%) and the international units for 769 million euros (+16.3%).
In France, business during the 1st quarter 2012 was performed in unfavorable weather, contrary to the 1st quarter 2011.
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 2012 remains high, at 7.25 billion euros, a 4% increase over the end of March 2011.
On the basis of all currently available data, the 12.5 billion euro revenue target set in February has now been raised to 12.7 billion euros.