Bouygues promises margin hike in 2020

By Hamish Champ2020-02-20T12:15:00

Source: Hopkins Architects

French conglomerate says construction profits will improve this year

Bouygues said it expected to see margins at its construction arm improve in 2020 after it posted a €31m (£26m) dip in operating profit last year.

The French giant, which announced last November it was closing its Birmingham and Manchester offices due to “a challenging construction market” in the North-west and the Midlands, said its construction business generated €29.5bn (£25bn) in turnover in the year to 31 December 2019, up 6%.

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