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Bouygues

Bouygues S.A.
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]
€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 head office, avenue Hoche

Bouygues S.A. (French pronunciation: ​) 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).

Contents

  • History 1
  • Business structure 2
  • Corporate management 3
  • Financial data 4
    • Stock market data 4.1
  • Major construction projects 5
    • Europe 5.1
    • Africa 5.2
    • America 5.3
    • Asia 5.4
  • Head office 6
  • Group & values 7
    • Minorange 7.1
    • Social and environmental commitment 7.2
    • Patronage 7.3
  • Notes 8
  • References 9
  • External links 10
  • Further reading 11

History

The company was founded by Francis Bouygues in 1952.[2] In 1970 Bouygues became listed on the 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

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

Africa

America

Asia

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

  1. ^ Colas became a direct subsidiary of Bouygues in 2000, after a share swap made Bouygues the direct owner[2]

References

  1. ^ a b c d e f "2011 In Brief". Bouygues. Retrieved May 2012. 
  2. ^ a b c d e f g h Sources:
    "History". www.bouygues.com. Bouygues. Retrieved 14 July 2011. 
    "Discover the history of the Bouygues group" (PDF), www.bouygues.com (Bouygues), retrieved 14 July 2011 
  3. ^ R. Howes; J. H. M. Tah (2003), "Company profile 2.2: The Bouygues Group", Strategic management applied to international construction, Thomas Telford, p. 22 
  4. ^ "Historique - Screg société travaux routiers, infrastructures industrielles", www.screg.fr (in French) 
  5. ^ WSJ - France Lifts Hurdle to GE-Alstom Deal
  6. ^ "Bouygues - Bouygues group organisation chart: a diversified industrial group", www.bouygues.com (Bouygues), retrieved 22 July 2011 
  7. ^ "Bouygues - Corporate management", www.bouygues.com (Bouygues), retrieved 22 July 2011 
  8. ^ "Bouygues - Parc des Princes", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  9. ^ "Tour Axa (1974)", en.structurae.de (Nicholas Janberg's Structurae) 
  10. ^ "Bouygues - Musée d'Orsay", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  11. ^ "Bouygues - Pont de l'Ile de Ré", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  12. ^ "Bouygues - Arche de la Défense", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  13. ^ Channel Tunnel on Structurae database
  14. ^ "Bouygues - Bibliothèque de France", www.bouygues.com (Bouygues), archived from the original on 8 December 2008, retrieved 22 July 2011 
  15. ^ Nicholas Janberg (ed.), "Pont de Normandie / Normandy Bridge (1995)", en.structurae.de (Nicholas Janberg's Structurae) 
  16. ^ "Bouygues - Stade de France", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  17. ^ "Bouygues - Mosquée Hassan II", www.bouygues.com (Bouygues), archived from the original on 5 December 2008, retrieved 22 July 2011 
  18. ^ "Ivory Coast's long-awaited toll bridge opens to traffic". Daily Mail. 21 December 2014. Retrieved 22 March 2015. 
  19. ^ Shani Wallis (July 2010), "Port of Miami Tunnel gets underway", www.tunneltalk.com (TunnelTalk) 
  20. ^ "Bouygues inaugure sept bâtiments publics au Turkménistan", www.lemoniteur.fr (in French) ( 
  21. ^ Door to the Kipchak Mosque in Turkmenistan
  22. ^ Design Build Network - Singapore Sports Hub, Kallang, Singapore
  23. ^ "Bouygues reste fidèle à son architecte", www.journaldunet.com (in French) ( 
  24. ^ "Contacts." Bouygues Construction. Retrieved on 27 December 2011. "Bouygues Construction Challenger 1, avenue Eugène Freyssinet Guyancourt 78061 St-Quentin-en-Yvelines France"
  25. ^ Bouygues - 50th anniversary Minorange Guild
  26. ^ UN Global Compact - Participant>Bouygues
  27. ^ The Shift Project Sponsors
  28. ^ Bouygues Patronage

External links

  • 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,  
CAC 40 companies of France (Last update 23 March 2015)
  • – The Opposition WebsiteChronicles of Turkmenistan (English)
  • Gundogar – For Democracy and Human Rights in Turkmenistan.
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