Bouygues

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Bouygues S.A.
Type Société Anonyme
Traded as EuronextEN
Industry Conglomerate
Founded 1952
Founder(s) Francis Bouygues
Headquarters 8th arrondissement, Paris, France
Key people Martin Bouygues (Chairman and CEO)
Products Civil engineering, real estate development, media, telecommunications services
Revenue €32.706 billion (2011)[1]
Operating income €1.857 billion (2011)[1]
Profit €1.070 billion (2011)[1]
Total assets €35.59 billion (end 2010)
Total equity €9.678 billion (end 2011)[1]
Employees 130,827 (end 2011)[1]
Subsidiaries Bouygues Construction
Bouygues Immobilier
Colas
TF1
Bouygues Télécom
Website www.bouygues.com
Bouygues head office, avenue Hoche

Bouygues S.A. (French pronunciation: ​[bwiɡ]) is an industrial group headquartered in the 8th arrondissement of Paris, France. Bouygues is listed on Euronext Paris exchange and is a blue chip in the CAC 40 stock market index. The company was founded in 1952 by Francis Bouygues (educated at the École Centrale Paris, 1946) and since 1989 has been led by his son Martin Bouygues. In 2011 it had over 130,000 employees in 80 countries, generating €32.7 billion in revenue.

History[edit]

The company was founded by Francis Bouygues in 1952.[2] In 1970 Bouygues became listed on the Paris Stock Exchange.[2] In 1985 and 1986 Bouygues acquired road construction groups Screg, Sacer and Colas;[note 1][3] later reorganised as Colas group.[2][4] In 1987 the company started operating the television channel TF1[2] and in 1988 Bouygues moved into its new head office, the Challenger complex, in Saint-Quentin en Yvelines.[2] In 1996 the company launched Bouygues Télécom[2] and in 2006 the company acquired 23.26% of Alstom.[2]

Business structure[edit]

Telecom/media services and new construction businesses (construction, roads, buildings, etc.)[5]

Construction

  • Bouygues Construction (100% share): public works, electricity, maintenance
  • Colas group (96.6% share): roadworks, construction and maintenance
  • Bouygues Immobilier (100% share): residential, corporate, commercial and hotel real estate and urban development, property development
  • BINA Istra (16% share): motorway development and management

Telecoms - Media

  • Bouygues Télécom (89.5% share): mobile phone network
  • TF1 Group (43.6% share): audiovisual group; with TF1 itself owning the Eurosport, LCI, TV Breizh, Odysée, HD1, and History channels. TF1 also owns 34.3% of Publications Metro France, a free-distribution press group.

Energy - Transportation

  • Alstom (47% share): railways, electric energy production equipment and services

Corporate management[edit]

General Management

  • Olivier Bouygues, Deputy CEO
  • Jean-François Guillemin, Corporate Secretary
  • Philippe Marien, Chief Financial Officer, Chairman of Bouygues Telecom
  • Alain Pouyat, Executive Vice President, Information Systems and New Technologies
  • Jean-Claude Tostivin, Senior Vice President, Group Human Resources and Administration

Line divisions:

  • Yves Gabriel, Chairman and CEO of Bouygues Construction
  • François Bertière, Chairman and CEO of Bouygues Immobilier
  • Hervé Le Bouc, Chairman and CEO of Colas
  • Nonce Paolini, Chairman and CEO of TF1
  • Olivier Roussat, CEO of Bouygues Telecom

Financial data[edit]

Financial data in millions of euros
Year 2001 (NF) 2002 2003 2004 (IFRS) 2005 2006 2007 2008 2009 2010 2011
Sales 254646 22 247 21 822 20 815 23 983 26 408 29 588 32 713 31 353 31 225 32 706
EBITDA 1 680 2 260 2 415 2 690 3 505 3 279 3 601 3 827 3 616 3 330 3 242
Net profit 344 666 450 909 832 1 246 1 376 1 501 1 319 1 071 1 070
Net debt 1 124 3 201 2 786 1 680 2 352 4 176 4 288 4 916 2 704 2 473 3 862
Cash flow 3 151 3 519 3 615 3 430 3 244 3 325
employees 126 560 118 892 124 300 113 334 115 441 122 561 136 700 145 150 133 971 133 456 130 827

Source : Bouygues[1]

Stock market data[edit]

  • ISIN Value Code = FR0000120503
Stock Market Data at 31 December
Années 2006 2007 2008 2009 2010 2011
Market capitalisation, in millions of Euros 16 300 19 800 10 400 12 900 11 800 7 666

Major construction projects[edit]

Bouygues has been involved in many major projects including the Parc des Princes completed in 1972, [7] the Tour First in 1974, [8] the Musée d'Orsay completed in 1986, [9] the Île de Ré bridge completed in 1988, [10] the Grande Arche completed in 1989, [11] the Hassan II Mosque completed in 1992, [12] the Channel Tunnel completed in 1994, [13] the Bibliothèque nationale de France completed in 1995,[14] the Pont de Normandie completed in 1995,[15] the Stade de France completed in 1998[16] and the Kipchak Mosque completed in 2004.[17][18]

The company is also building the Port of Miami Tunnel due to complete in 2014.[19]

Related party transactions[edit]

In 2006 The Economist reported a complex series of transactions between 1989 and 1997 through which Martin and Olivier Bouygues were able to personally acquire assets in the firm, to the detriment of other shareholders.[20]

Head office[edit]

The Bouygues head office is located at 32 Avenue Hoche in the 8th arrondissement of Paris. The American architect Kevin Roche worked on this building, as well as the previous head office location, the Challenger complex in Saint-Quentin-en-Yvelines. This complex, situated in a 30 hectares (74 acres) tract in Guyancourt, is now occupied by Bouygues Construction, one of the group's subsidiaries.[21][22]

Notes[edit]

  1. ^ Colas became a direct subsidiary of Bouygues in 2000, after a share swap made Bouygues the direct owner[2]


References[edit]

  1. ^ a b c d e f "2011 In Brief". Bouygues. Retrieved May 2012. 
  2. ^ a b c d e f g h Sources:
    "History". www.bouygues.com. Bouygues. Retrieved 14 July 2011. 
    "Discover the history of the Bouygues group", www.bouygues.com (Bouygues), retrieved 14 July 2011 
  3. ^ R. Howes; J. H. M. Tah (2003), "Company profile 2.2: The Bouygues Group", Strategic management applied to international construction, Thomas Telford, p. 22 
  4. ^ "Historique - Screg société travaux routiers, infrastructures industrielles", www.screg.fr (in French) 
  5. ^ "Bouygues - Bouygues group organisation chart: a diversified industrial group", www.bouygues.com (Bouygues), retrieved 22 July 2011 
  6. ^ "Bouygues - Corporate management", www.bouygues.com (Bouygues), retrieved 22 July 2011 
  7. ^ "Bouygues - Parc des Princes", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  8. ^ "Tour Axa (1974)", en.structurae.de (Nicholas Janberg's Structurae) 
  9. ^ "Bouygues - Musée d'Orsay", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  10. ^ "Bouygues - Pont de l'Ile de Ré", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  11. ^ "Bouygues - Arche de la Défense", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  12. ^ "Bouygues - Mosquée Hassan II", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  13. ^ Channel Tunnel on Structurae database
  14. ^ "Bouygues - Bibliothèque de France", www.bouygues.com (Bouygues), archived from the original on 8 December 2008, retrieved 22 July 2011 
  15. ^ Nicholas Janberg (ed.), "Pont de Normandie / Normandy Bridge (1995)", en.structurae.de (Nicholas Janberg's Structurae) 
  16. ^ "Bouygues - Stade de France", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  17. ^ "Bouygues inaugure sept bâtiments publics au Turkménistan", www.lemoniteur.fr (in French) (AFP via LeMoniteur.fr), 4 January 2011 
  18. ^ Door to the Kipchak Mosque in Turkmenistan
  19. ^ Shani Wallis (July 2010), "Port of Miami Tunnel gets underway", www.tunneltalk.com (TunnelTalk) 
  20. ^ "Special Report: Bouygues", The Economist, 2 December 2006 
  21. ^ "Bouygues reste fidèle à son architecte", www.journaldunet.com (in French) (Le Journal du Net), retrieved 22 July 2011 
  22. ^ "Contacts." Bouygues Construction. Retrieved on 27 December 2011. "Bouygues Construction Challenger 1, avenue Eugène Freyssinet Guyancourt 78061 St-Quentin-en-Yvelines France"

External links[edit]

Further reading[edit]