Bouygues

Bouygues S.A.

Type	Société anonyme
Traded as	Euronext: EN
Industry	Conglomerate
Founded	1952
Founder	Francis Bouygues
Headquarters	8th arrondissement, Paris, France
Key people	Martin Bouygues (Chairman and CEO)
Products	Civil engineering, real estate development, media, telecommunications services
Revenue	€33.138 billion (2014)[1]
Operating income	€1.133 billion (2014)[1]
Profit	€807 million (2014)[1]
Total assets	€34.304 billion (end 2014)
Total equity	€7.154 billion (end 2013)[1]
Number of employees	128,067 (end 2013)[1]
Subsidiaries	Bouygues Construction Bouygues Immobilier Colas TF1 Bouygues Télécom
Website	www.bouygues.com

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 and since 1989 has been led by his son Martin Bouygues. In 2011 it had over approximately 130,000 employees in 80 countries, generating €32.7 billion in revenue.

The group specialises in construction (Colas and Bouygues Construction), real estate development (Bouygues Immobilier), media (TF1 Group), and telecommunications (Bouygues Telecom).

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] 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]

In 2014, consecutively to Alstom’s cession of its Energy activities to General Electric, Bouygues granted a call option to the French government allowing it to acquire a maximum of 20% of Alstom, currently owned by the group.^[5]

Business structure

Telecom/media services and new construction businesses (construction, roads, buildings, etc.)^[6]

Construction

• Bouygues Construction (100% share): construction, public works, energy & services, with a presence in 80 countries worldwide
• Colas group (96.6% share): roadworks, construction, railways 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 (90,5% share): mobile phone and fixed line operator
• TF1 Group (43.7% share): audiovisual group; with TF1 and 9 other TV channels. TF1 also owns 100% of Publications Metro France, a free-distribution press group.

Corporate management

• Martin Bouygues, Chairman and Chief Executive Officer^[7]

General Management

• Olivier Bouygues, Deputy CEO
• Jean-François Guillemin, Corporate Secretary
• Philippe Marien, Chief Financial Officer
• Jean-Claude Tostivin, Senior Vice President, Group Human Resources and Administration
• Pierre Auberger, Director of Corporate Communications

Line divisions:

• Philippe Bonnave, 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, Chairman and CEO of Bouygues Telecom

Financial data

Financial data in millions of euros

Year	2001 (NF)	2002	2003	2004 (IFRS)	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
Sales	254646	22 247	21 822	20 815	23 983	26 408	29 588	32 713	31 353	31 225	32 706	33 547	33 345	33 138
EBITDA	1 680	2 260	2 415	2 690	3 505	3 279	3 601	3 827	3 616	3 330	3 242	2 822	2 835	1 133
Net profit	344	666	450	909	832	1 246	1 376	1 501	1 319	1 071	1 070	633	647	807
Net debt	1 124	3 201	2 786	1 680	2 352	4 176	4 288	4 916	2 704	2 473	3 862	4 172	4 427	3 216
Cash flow						3 151	3 519	3 615	3 430	3 244	3 325	2 777	2 742	397
employees	126 560	118 892	124 300	113 334	115 441	122 561	136 700	145 150	133 971	133 456	130 827	133 780	128 067	127 470

Source : Bouygues^[1]

Stock market data

• ISIN Value Code = FR0000120503

Stock Market Data at 31 December

Années	2006	2007	2008	2009	2010	2011	2012	2013	2014
Market capitalisation, in millions of Euros	16 300	19 800	10 400	12 900	11 800	7 666	7 263	8 754	10 076

Major construction projects

Bouygues has been involved in many major construction projects including

Europe

• 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 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]

Africa

• The Hassan II Mosque completed in 1992 ^[17]
• The Henri Konan Bédié Bridge in Abidjan completed in 2014^[18]

America

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

Asia

• The Kipchak Mosque completed in 2004.^[20][21]
• The Singapore Sports Hub completed in 2014^[22]

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.^[23][24]

Group & values

Minorange^[25]

The Group inherited a tradition of guild orders for employees initiated by Francis Bouygues who created the Minorange guild in 1963. It promotes the values of team spirit, responsibility and respect. As of 2013, the Minorange guild has 1,064 members divided into fifteen orders. They are volunteers who advocate constructive labour relations and act as an alternative to unions.

Social and environmental commitment

Since 2006, Bouygues has participated in the United Nations Global Compact^[26] which promotes and ensures compliance with a set of ten principles in areas such as human rights, labour standards, the environment and the fight against corruption. The group sponsors The Shift Project think tank, with several other companies such as EDF, BNP Paribas or Saint-Gobain, which promotes sustainable economic development.^[27]

Patronage

Bouygues focuses its patronage on education, social issues and medical research.

Each subsidiary supports its own foundation:^[28]

• The Francis Bouygues Foundation sponsors deserving high school students with a scholarship.
• Terre Plurielle, Bouygues Construction’s foundation, grants financial support to projects selected by employees. These projects concern access to health, education, and the social insertion of people facing major difficulties.
• The Bouygues Immobilier Corporate Foundation created in 2009 aims at raising awareness about the need of sustainable construction and urban planning.
• The Colas Foundation supports contemporary arts through the acquisition of paintings.
• The TF1 Foundation helps young talents from underprivileged neighbourhoods to succeed in the broadcasting sector.
• The Bouygues Telecom Foundation is committed to environmental protection, helping people in social or medical difficulty, and promoting the French language.

Notes

References

External links

Wikimedia Commons has media related to Bouygues.

• Official website
• Bouygues Telecom (fr)
• Bouygues Construction (en)
• Bouygues Immobilier (en)
• Colas (en)
• Offizieller TF1 (en)

Further reading

• Dominique Barjot, "Bouygues, 1952-1989: From the building industry to the service sector", www.econ.upf.edu (Department of Economics and Business, Pompeu Fabra University; European Business History Association (EBHA), 2004 Conference) 

CAC 40 companies of France (Last update 23 March 2015) Accor Air Liquide Airbus Group Alcatel-Lucent Alstom ArcelorMittal AXA BNP Paribas Bouygues Capgemini Carrefour Crédit Agricole Danone EDF Essilor GDF Suez Kering L'Oréal Lafarge Legrand LVMH Michelin Orange Pernod Ricard Peugeot Publicis Renault Safran Saint-Gobain Sanofi Schneider Electric Société Générale Solvay Technip Total Unibail-Rodamco Valeo Veolia Environnement VINCI Vivendi

• Chronicles of Turkmenistan – The Opposition Website (English)
• Gundogar – For Democracy and Human Rights in Turkmenistan.