COLAS : Breakdown of 1st quarter 2010 revenue by business sector
05/21/2010| 12:10pm US/Eastern
PR Newswire/Les Echos/
May 21, 2010
(subsidiary of Bouygues)
French Société Anonyme with share capital of 48,902,683.50 euros
Head office: 7, place René Clair - 92653 Boulogne-Billancourt, France
BREAKDOWN OF 1ST QUARTER 2010 REVENUE BY BUSINESS SECTOR
(in millions of euros)
COLAS 1st quarter 2010
Business was penalized by unfavorable weather
2010 2009 2009
I. Parent Company
· 1st quarter 97 97 573
· 1st quarter -
- Roads 1,285 1,414 8,979
- Civil Engineering, Electricity, Pipes 148 147 783
- Waterproofing 134 144 577
- Signaling, Safety, Traffic Management 55 56 331
- Building 86 84 393
- Railways 120 127 518
TOTAL 1,828 1,972 11,581
The Colas Group's consolidated revenue at the end of March 2010 totaled
1.828 billion euros, compared to 1.972 billion euros at the end of March 2009,
a 7.3% decrease (-7.7% with comparable exchange rates and scope of business). A
breakdown of these figures shows that France accounted for 1.223 billion euros
(-5.9%) and the international units for 605 million euros (-10.1%).
Business was put at a sharp disadvantage by very harsh winter weather in
France (especially in January and February), Europe and North America. Climate
conditions were even worse than those recorded during the 1st quarter 2009.
It is important to underline that 1st quarter activity is not highly
significant, due to the strong seasonal nature of the majority of Colas'
Work-on-hand remains high at the end of March 2010 with 7.0 billion euros,
slightly more than the 6.7 billion euros recorded at the end of March 2009.
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