Eiffage ( (FR:FGR) ) has shared an update.
Eiffage reported a 7.3% growth in revenue for 2024, with notable improvements in profitability within its Works division. Despite the impact of highway tax on concessions, the company achieved a record free cash flow of 2.6 billion euros. The order book increased by 11%, and the company proposed a 15% dividend increase. Eiffage’s strategic investments, including acquisitions in Germany, and the entry into a new highway concession contract, position it for continued growth. The company anticipates further increases in activity and operating income, although net income may decline due to a corporate tax contribution in France.
More about Eiffage
Eiffage is a prominent player in the construction and concessions industry, focusing on infrastructure projects, energy systems, and real estate. The company is known for its significant presence in Europe, particularly in France, and has been expanding its operations internationally.
YTD Price Performance: 7.33%
Average Trading Volume: 93,178
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €8.76B
Find detailed analytics on FGR stock on TipRanks’ Stock Analysis page.