French firm 2643 Egis is reporting improved group performance with its latest financial results. In 2015, the Group’s managed turnover amounted to €937 million, up 10% compared with 2014 (€854 million). This growth can be attributed to acquisitions which account for approximately 6%, but it is also due to business development: 4% excluding scope effects.
Following a drop in 2014, the order intake for engineering has resumed an upward trend. It represented 14 months of business in 2015, taking the order book to 22 months of activity at the end of 2015, which is a positive signal for the coming year. Recurrent operating profit stood at €47.4 million, as against €31.7 million in 2014. Distributable net profit (group share) stood at €26.9 million in 2015. Excluding capital gains, the figure is €24.4 million, a substantial increase compared with 2014 (€13.5 million).
The group is expanding internationally and 60% of its turnover in 2015 was generated outside France. This figure compares with 53% in 2015 and 49% in 2014. This geographical shift in our business is in line with its strategy to target growth areas. The firm has consolidated its presence in India, the Middle East and Brazil, positioning these three regions as strategic platforms for future development of the company.
In 2015, Egis recorded a substantial increase in its international business, and in particular in the Middle East (which now accounts for 13% of Group turnover) where it acquired Projacs, one of the region’s leading project management consultancies.
The Group was awarded a number of significant projects relating to the construction of major transport infrastructure all over the world, such as the operational management of the National Highway NH-8D toll motorway in India; and the EPCM of the improvement and widening of the Grenoble orbital motorway (A480) and the widening of the A75 south of Clermont-Ferrand.
In 2015, Egis continued to develop its activities in new mobility services and, among other achievements, was awarded a contract for on-street parking services in the city of Amsterdam which feature among the most advanced in the world.
Following a drop in 2014, the order intake for engineering has resumed an upward trend. It represented 14 months of business in 2015, taking the order book to 22 months of activity at the end of 2015, which is a positive signal for the coming year. Recurrent operating profit stood at €47.4 million, as against €31.7 million in 2014. Distributable net profit (group share) stood at €26.9 million in 2015. Excluding capital gains, the figure is €24.4 million, a substantial increase compared with 2014 (€13.5 million).
The group is expanding internationally and 60% of its turnover in 2015 was generated outside France. This figure compares with 53% in 2015 and 49% in 2014. This geographical shift in our business is in line with its strategy to target growth areas. The firm has consolidated its presence in India, the Middle East and Brazil, positioning these three regions as strategic platforms for future development of the company.
In 2015, Egis recorded a substantial increase in its international business, and in particular in the Middle East (which now accounts for 13% of Group turnover) where it acquired Projacs, one of the region’s leading project management consultancies.
The Group was awarded a number of significant projects relating to the construction of major transport infrastructure all over the world, such as the operational management of the National Highway NH-8D toll motorway in India; and the EPCM of the improvement and widening of the Grenoble orbital motorway (A480) and the widening of the A75 south of Clermont-Ferrand.
In 2015, Egis continued to develop its activities in new mobility services and, among other achievements, was awarded a contract for on-street parking services in the city of Amsterdam which feature among the most advanced in the world.
