Eiffage Reports Steady Growth Amid 2024 Financial Results

Eiffage announced a 7.3% increase in revenue for 2024, reaching over €23.4 billion, with significant contributions from contracting and concessions. The company's net profit attributable to equity holders saw a modest 3% rise, influenced by a new motorway tax in France. Excluding this tax, profits would have surged by 9.2%.

The contracting division excelled, achieving a significant margin improvement. The order book expanded to €28.9 billion, marking an 11% increase, bolstered by European endeavors. Also, the acquisition of companies like Salvia and Eqos in Germany, and a proposed dividend of €4.70 per share, illustrate robust growth and shareholder returns.

Looking forward to 2025, Eiffage anticipates further revenue and operating profit growth across its divisions, reinforced by improved margins, especially within Eiffage Énergie Systèmes. However, performance may be tempered by a corporate income surtax in France.