Eiffage: Solid growth and strengthening of positions in 2023

The Eiffage group presented its annual results for the 2023 financial year, demonstrating significant growth in both Contracting and Concessions activities, with a marked increase in profitability. Turnover increased by 7.4%, EBITDA by 8.6% and net profit, group share, by 13.1%. The strong financial position is underlined by robust free cash flow generation at €2.3 billion and a reduction in net financial debt.

With a 40% increase in the order book reaching 26.0 billion euros, thanks in particular to the signing of two major contracts, Eiffage continues its development. Investments in Concessions and a structuring acquisition in Germany by Eiffage Énergie Systèmes demonstrate the group's ambition. The proposed dividend stands at 4.10 euros per share, an increase of 0.50 euros.

The outlook for 2024 looks positive despite an expected slowdown in organic growth. Results should nevertheless continue to grow, driven by Contracting, while Concessions will be impacted by the new tax on transport infrastructure. Net profit, group share, is expected at the same level as in 2023, with unprecedented visibility in Contracting in the medium and long term.