Bouygues
Bouygues S.A. (French pronunciation: [bwiɡ]) is a French 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 2010 it had over 133,000 employees in 80 countries, generating €31.2 billion in revenue.
History
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]
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]
In 2006 the company acquired 23.26% of Alstom.[2]
Business structure
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 (43.1% share): audiovisual group; with TF1 itself owning the Eurosport, LCI, TV Breizh, Odysée, and History channels. TF1 also owns 34.3% of Publications Metro France, a free-distribution press group.
Energy - Transportation
- Alstom (30.8% share): railways, electric energy production equipment and services
Corporate management
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
Financial data in millions of euros
| Year |
2001 (NF) |
2002 |
2003 |
2004 (IFRS) |
2005 |
2006 |
2007 |
2008 |
| Sales |
20 473 |
22 247 |
21 822 |
20 815 |
23 983 |
26 408 |
29 588 |
32 713 |
| EBITDA |
1 680 |
2 260 |
2 415 |
2 690 |
3 505 |
3 279 |
3 601 |
3 827 |
| Net profit |
344 |
666 |
450 |
909 |
832 |
1 246 |
1 376 |
1 501 |
| Net debt |
1 124 |
3 201 |
2 786 |
1 680 |
2 352 |
4 176 |
4 288 |
4 916 |
| Cash flow |
|
|
|
|
|
3 151 |
3 519 |
3 615 |
| employees |
126 560 |
118 892 |
124 300 |
113 334 |
115 441 |
122 561 |
136 700 |
145 150 |
| Source : Bouygues[7] |
Stock market data
- ISIN Value Code = FR0000120503
| Stock Market Data at 31 December |
| Year |
2006 |
2007 |
2008 |
| Number of shares listed, in millions |
nc |
347 |
|
| Market capitalisation, in millions of Euros |
16,3 Mds € |
19,8 Mds € |
10,4 Mds € |
Major construction projects
Bouygues has been involved in many major projects including the Parc des Princes completed in 1972, [8] the Tour First in 1974, [9] the Musée d'Orsay completed in 1986, [10] the Île de Ré Bridge completed in 1988, [11] the Grande Arche completed in 1989, [12] the Hassan II Mosque completed in 1992, [13] the Channel Tunnel completed in 1994, [14] the Bibliothèque nationale de France completed in 1995,[15] the Pont de Normandie completed in 1995[16] and the Stade de France completed in 1998.[17]
In the post soviet era Bouygues entered the building market in Turkmenistan with projects including several government buildings, the mausoleum of Saparmurat Niyazov and the largest mosque in central Asia,[18] the Kipchak Mosque, completed in 2004.[19]
The company is also building the Port of Miami Tunnel due to complete in 2014.[20]
Related party transactions
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.[21]
Head office
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.[22][23]
Notes
- ^ Colas became a direct subsidiary of Bouygues in 2000, after a share swap made Bouygues the direct owner[2]
References
- ^ a b c d e f "2010 In Brief". Bouygues. http://www.bouygues.com/document/?f=home/en/abrege_2010_eng.pdf. Retrieved 31 March 2011.
- ^ a b c d e f g h Sources:
"History". www.bouygues.com. Bouygues. http://www.bouygues.com/en/group/history/history/. Retrieved 14 July 2011.
"Discover the history of the Bouygues group", www.bouygues.com (Bouygues), http://www.bouygues.com/upload/pdf/discoverhistorybouygues%20group.pdf, retrieved 14 July 2011
- ^ R. Howes; J. H. M. Tah (2003), "Company profile 2.2: The Bouygues Group", Strategic management applied to international construction, Thomas Telford, p. 22, http://books.google.co.uk/books?id=1RQ-ir2gbloC
- ^ "Historique - Screg société travaux routiers, infrastructures industrielles" (in french), www.screg.fr, http://www.screg.fr/Historique.html
- ^ "Bouygues - Bouygues group organisation chart: a diversified industrial group", www.bouygues.com (Bouygues), http://www.bouygues.com/en/group/presentation/organisation-chart/organisation-chart/, retrieved 22 July 2011
- ^ "Bouygues - Corporate management", www.bouygues.com (Bouygues), http://www.bouygues.fr/en/finance-shareholders/corporate-governance/corporate-management/corporate-management/, retrieved 22 July 2011
- ^ "BOUYGUES GROUP - CONSOLIDATED FINANCIAL STATEMENTS", www.bouygues.com (Bouygues), 31 March 2009
- ^ "Bouygues - Parc des Princes", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, http://web.archive.org/web/20081205221735/http://www.bouygues.com/us/groupe/fiches/pop_parc_princes.html, retrieved 22 July 2011
- ^ "Tour Axa (1974)", en.structurae.de (Nicholas Janberg's Structurae), http://en.structurae.de/structures/data/index.cfm?ID=s0004710
- ^ "Bouygues - Musée d'Orsay", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, http://web.archive.org/web/20081205220921/http://www.bouygues.com/us/groupe/fiches/pop_musee_orsay.html, retrieved 22 July 2011
- ^ "Bouygues - Pont de l'Ile de Ré", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, http://web.archive.org/web/20081205221004/http://www.bouygues.com/us/groupe/fiches/pop_pont_re.html, retrieved 22 July 2011
- ^ "Bouygues - Arche de la Défense", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, http://web.archive.org/web/20081205220903/http://www.bouygues.com/us/groupe/fiches/pop_arche_defense.html, retrieved 22 July 2011
- ^ "Bouygues - Mosquée Hassan II", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, http://web.archive.org/web/20081205220948/http://www.bouygues.com/us/groupe/fiches/pop_mosquee_hassan_II.html, retrieved 22 July 2011
- ^ Channel Tunnel on Structurae database
- ^ "Bouygues - Bibliothèque de France", www.bouygues.com (Bouygues), archived from the original on 8 December 2008, http://web.archive.org/web/20081205222032/http://www.bouygues.com/us/groupe/fiches/pop_bibliotheque_france.html, retrieved 22 July 2011
- ^ Nicholas Janberg, ed., "Pont de Normandie / Normandy Bridge (1995)", en.structurae.de (Nicholas Janberg's Structurae), http://en.structurae.de/structures/data/index.cfm?ID=s0000048
- ^ "Bouygues - Stade de France", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, http://web.archive.org/web/20081205222159/http://www.bouygues.com/us/groupe/fiches/pop_stade_france.html, retrieved 22 July 2011
- ^ "Bouygues inaugure sept bâtiments publics au Turkménistan" (in french), www.lemoniteur.fr (AFP via LeMoniteur.fr), 4 January 2011, http://www.lemoniteur.fr/139-entreprises-de-btp/article/actualite/847447-bouygues-inaugure-sept-batiments-publics-au-turkmenistan
- ^ Door to the Kipchak Mosque in Turkmenistan
- ^ Shani Wallis (July 2010), "Port of Miami Tunnel gets underway", www.tunneltalk.com (TunnelTalk), http://www.tunneltalk.com/Miami-Port-Tunnel-Jul10-Groundbreaking.php
- ^ "Special Report: Bouygues", The Economist, 2 December 2006
- ^ "Bouygues reste fidèle à son architecte" (in french), www.journaldunet.com (Le Journal du Net), http://www.journaldunet.com/economie/reportage/les-sieges-sociaux-des-entreprises-du-cac-40/bouygues-reste-fidele-a-son-architecte.shtml, retrieved 22 July 2011
- ^ "Contacts." Bouygues Construction. Retrieved on 27 December 2011. "Bouygues Construction Challenger 1, avenue Eugène Freyssinet Guyancourt 78061 St-Quentin-en-Yvelines France"
Further reading
External links
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