2024 Half-Year Results for Eiffage: Steady Growth in Revenue and Solid Earnings Performance

Eiffage, headquartered in Vélizy-Villacoublay, announced its 2024 half-year results, revealing a +6.3% increase in the Group’s revenue. The Contracting division showed +6.5% growth, driven by a +17.7% surge in Europe excluding France. The Concessions segment also grew by +5.6%, despite facing a modest -3% decline in operating profit due to a new tax on long-distance transport infrastructure.

Net profit Group share stood at €0.4 billion, almost unchanged from 2023. Free cash flow remained positive at €148 million, although it reflected seasonal trends in Contracting. The order book for Contracting increased by +43% year-on-year, reaching €28.4 billion.

The company confirmed its outlook for 2024, expecting a rise in revenue and improving results in Contracting, while Concessions might see an impact from the new tax. Eiffage also strengthened its multi-year visibility across all divisions.

Additionally, Eiffage’s commitment to reducing greenhouse gas emissions by 2030 and 2050 was validated by the SBTi. The company aims to achieve net-zero emissions on its supply chain by 2050.