PR Newswire/Les Echos/

Financial information 3rd quarter 2009

                                                        November 12 2009

             Revenue at the end of September 2009: EUR 8.7 B (-9.7%)

In millions of euros
   1st quarter          2nd quarter            3rd quarter
 2009       2008    2009         2008      2009           2008
1,972      2,189   3,144        3,442     3,568          3,983

  

                                                            % 09/08
                                                         With identical
                      TOTAL         TOTAL     % 09/08    exchange rates
                    9 mos. 2009  9 mos. 2008    9 mos.    and scope of
                                                            business

France                 5,024        5,564      - 9.7%         -10.2%
International          3,660        4,050      - 9.6%          -9.6%
TOTAL                  8,684        9,614      - 9.7%         -10.0%

       At the end of September 2009, consolidated revenue totaled 8.7 billion
euros, a 9.7% drop from the end of September 2008 (-10% with identical 
exchange rates and scope of business). The breakdown per geographic region 
is as follows:

     - Mainland France: EUR 4.7 billion (-9.1%)
     - French overseas departments: EUR 0.3 billion (-18%) 
            France: EUR 5.0 billion (-9.7%)

     - North America: EUR 1.5 billion (-4.5%)
     - Europe: EUR 1.5 billion (-15.4%)
     - Africa/Indian Ocean/ Asia: EUR 0.7 billion (-6.8%) 
            International: EUR 3.7 billion (-9.6%)

       In mainland France, the third quarter surge that had been forecast 
in the wake of national stimulus plan never came to be. Uncertainty as to 
tax revenue kept local authorities from investing. Prices were low, and 
profitability was favored over volume.
       
       In the French overseas departments, public and private investments 
were down due to social unrest in the French Caribbean and the completion 
of major projects in La Reunion Island.
       
       Investments as part of the US stimulus plan were lower than what had 
been expected as a portion of the funds will only be available in 2010. 
In Canada, the market is still buoyant in Quebec and has dropped slightly 
in the western provinces. Colas companies in North America continued to 
enjoy good levels of business.

Financial information 3rd quarter 2009

       In Europe, the subsidiaries in central Europe have been faced with a
brutal plunge in public investment, a budget variable for countries that have
been hit hard by the global crisis. Elsewhere in Europe, business in 
Belgium and Ireland did not benefit from nationwide stimulus plans. In 
Great Britain, Colas Ltd has progressed, boosted by a series of long-term
 maintenance contracts.
       
       Lastly, the impact of the drop of bitumen prices on revenue at the 
end of September 2009 was stronger than expected, at 200 million euros.
       
       Profitability during the 3rd quarter 2009 should be at least as 
good if not better than that posted during the 3rd quarter 2008.
       
       In light of all currently available data, revenue at the end of 
December 2009 could show a 9% drop compared to the 12.8 billion euros 
recorded at the end of December 2008.
       
       Work-on-hand at the end of September 2009 totaled 6.7 billion euros, 
a 5% rise compared to work-on-hand at the end of September 2008.
                      
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication.