Skip to main content

Egis reporting strong performance

French firm 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 t
April 6, 2016 Read time: 2 mins
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.

For more information on companies in this article

Related Content

  • Wacker Neuson is reporting strong half year results
    August 6, 2019
    Wacker Neuson is reporting strong financial performance for the first half of 2019. The firm says that it continued on its growth path, with revenue climbing 15.2% compared with the same period in the previous year. Revenue hit €950.7 million compared with €825.1 million for the first half of 2019. “The first half of the year showed us once again that our solutions meet the needs of our customers,” explained Martin Lehner, CEO of Wacker Neuson SE. “We gained shares in numerous markets, driven largely by our
  • India’s massive demand for construction machines
    June 17, 2016
    India is the new focus for the world construction industry market. In 2015 there was a change in perspective in Asia, with demand for machines in China dropping in terms of construction growth. India posted growth of 5.3% during 2015, while China achieved growth of 4%. This change at the top has been confirmed by the SaMoTer-Verona Outlook. This is a construction sector observatory group set up in partnership with Prometeia, the international economic consulting and research firm, with the support of Una
  • Compact equipment leads the way to record results for Wacker Neuson
    August 4, 2015
    Light and compact equipment maker Wacker Neuson Group, based in Munich, Germany, reported record revenue and earnings for the first half of 2015. Revenue for the first six months of 2015 increased 14% relative to the same period 2014, reaching €706.4 million, a record high, the company said in a written statement. “Our business grew significantly, despite negative market developments in many countries, especially outside of the US and Europe,” said Cem Peksaglam, chief executive of Wacker Neuson.
  • Volvo CE benefits from strong financial results for 2019
    January 31, 2020
    Volvo CE is benefiting from strong financial performance during 2019.