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Bouygues

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Bouygues S.A.
TypePublic
Euronext Paris: EN
CAC 40 component
ISINFR0000120503 Edit this on Wikidata
IndustryConglomerate
Founded1952; 74 years ago (1952)
FounderFrancis Bouygues
Headquarters
8th arrondissement, Paris
,
France
Key people
  • Olivier Roussat (CEO)
RevenueIncrease €56.9 billion (2025)[1]
Increase €2.33 billion (2025)[1]
Increase €1.14 billion (2025)[1]
Number of employees
196,184 (2025)[1]
Subsidiaries
Websitebouygues.com

Bouygues S.A. (French pronunciation: [bwiɡ]) is a French engineering group headquartered in the 8th arrondissement of Paris, France. Bouygues is listed on the Euronext Paris exchange and is a blue chip in the CAC 40 stock market index. The group specialises in construction (Colas Group and Bouygues Construction), real estate development (Bouygues Immobilier), media (TF1 Group), and telecommunications (Bouygues Telecom).

The company was founded in 1952 by Francis Bouygues and quickly secured construction opportunities from the French state, leading to it being involved in social housing (starting in 1955) and the French motorway system (starting in the 1960s). It listed on the Paris Stock Exchange in 1970 and started to diversify and internationalise during the years thereafter. During the 1980s, Bouygues acquired Screg, Sacer, and Colas. On 29 May 1996, it launched Bouygues Télécom. In 2006, the company acquired 23.26 percent of the French conglomerate Alstom. Since 1989, the company has been led by Francis Bouygues's son, Martin Bouygues, while Martin's older brother, Olivier Bouygues, is a board member.[2]

History

[edit]

Bouygues was founded in 1952 by Francis Bouygues, amid the reconstruction of France in the aftermath of the Second World War, to construct new buildings.[3][4] Within its first two decades of operation, the company secured considerable work from the French government across several different reconstruction programmes. These included the construction of new social housing starting in 1955, the building out of the French motorway system during the 1960s, and the securing of several high-profile contracts for specific buildings, including the Parc des Princes stadium, the Palais des congrès de Paris shopping mall, and Charles de Gaulle Airport amongst others.[3]

In 1970, Bouygues was listed on the Paris Stock Exchange.[4] In the following decade, the company endeavoured to develop an international presence as well as to diversify its activities.[3] Furthermore, during the mid 1980s, Bouygues acquired several other domestic engineering and construction companies, including Screg, Sacer, and Colas;[note 1][5] which was later reorganised as Colas Group.[4][6] In 1987, the company started operating the television channel TF1.[4] One year later, Bouygues moved into its new head office, the Challenger complex, in Saint-Quentin en Yvelines.[4]

On 29 May 1996, the company launched Bouygues Télécom as France's third mobile telephone operator.[7][8] In the early 2000s, it was decided to refocus Bouygues's activities around the construction, telecoms and media markets.[3] In relation to this strategic direction, the firm divested Bouygues Offshore to the Italian oil services specialist Saipem in 2002,[9][10] as well as Saur to French private equity company PAI Partners in exchange for €1bn in November 2004.[11][12] During June 2006, the company acquired 23.26 percent of the French industrial conglomerate Alstom.[13][14]

In 2008, Bouygues Telecom launched its first fixed line service; at the time, it had 9 million customers and 7,700 employees.[15] In 2010, through its subsidiary Nerem Telecom, Bouygues acquired HGT Telecom in exchange for $170 million from Henri Benezra and his brother Avi.[16]

In June 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 percent of Alstom, currently owned by the group.[17] In June 2015, Bouygues publicly rejected an €10bn bid submitted by the Luxembourg-based telecoms firm Altice to purchase Bouygues Télécom from it.[18][19]

In May 2018, the company purchased the Australian construction company A. W. Edwards.[20] In December 2019, Bouygues became a shareholder in Flying Whales, a French company developing rigid-structure airships for heavy-lift transport as part of a consortium of industrial investors including Groupe ADP and Air Liquide.[21][22]

In November 2021, Bouygues acquired the technical services business, Equans from Engie in a transaction worth €7.1bn.[23][24]

Business structure

[edit]

The company carries out the following businesses:[25]

Construction

  • Bouygues Construction (100% share): construction, public works, energy & services, with a presence in 80 countries worldwide
  • Colas Group (96.8% share): roadworks, construction, railways and maintenance
  • Bouygues Immobilier (100% share): residential, corporate, commercial and hotel real estate and urban development, property development

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.

Transportation

  • BINA Istra (30.15% total ownership): Croatian joint stock company founded in 1995 to facilitate construction and subsequent management of an Istrian Y motorway[26]

Technical services

  • Equans

Financial data

[edit]
Financial data in millions of euros
Year 2001 (NF) 2002 2003 2004 (IFRS) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Sales 20,473 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 32,428 31,768 32,904 35,555 37,929 34,694 37,589 44,322 56,017 56,752 56,877
Net profit 344 666 450 909 832 1,246 1,376 1,501 1319 1,071 1,070 633 647 807 403 732 1,085 1,311 1,184 696 1,125 973 1,040 1,058 1,138
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 2,561 1,866 1,914 3,657 2,222 1,981 941 7,440 6,251 6,066 4,204
employees 126,560 118,892 124,300 113,334 115,441 122,561 136,700 145,150 133,971 133,456 130,827 133,780 128,067 127,470 120,254 117,997 115,530 129,275 130,500 129,000 124,600 147,443 201,405 200,862 196,184

Source : Bouygues[1]

Major construction projects

[edit]

Bouygues has been involved in many major construction projects including

Europe

[edit]

Bouygues is also involved in HS2 lot C1, working as part of joint venture, due to complete in 2031.[41]

Africa

[edit]

North America

[edit]

Asia

[edit]

Head office

[edit]
Bouygues head office in Paris

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.[51][52]

Group and values

[edit]

Social and environmental commitment

[edit]

Since 2006, Bouygues has participated in the United Nations Global Compact.[53] 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.[54]

Controversies

[edit]

Bid rigging

[edit]

In September 2023, Bouygues Construction Expertises Nucléaires (BCEN) was fined €6.2 million after the French competition regulator found them guilty, along with five other companies, of bid rigging over tenders for work at the Marcoule nuclear site.[55][56]

Bouygues (UK) Ltd. v Dahl-Jensen (UK) Ltd.

[edit]

In this UK construction adjudication matter, the company's UK subsidiary had terminated the employment of its mechanical sub-contractor, Dahl-Jensen (UK). The adjudicator made a mistake in calculating outstanding payments due to Dahl-Jensen, which led to a Court of Appeal ruling in 2002 which stated that

... when an Adjudicator makes an error in calculating an amount payable to a party, the effect of which is to pay monies which are not due under the contract, that decision would not be void provided the Adjudicator had answered the issue that has been asked of him.[57]

Flamanville

[edit]

Between 2009 and 2011, Bouygues S.A. was illegally employing workers from Poland and Romania exposing them to inhuman working conditions at the construction site of the Flamanville nuclear power plant in Normandy. The company was later condemned for their practices before the court in Cherbourg and was ordered to pay sanctions of between €25,000 and €29,950.[58][59]

Cyberattack on Bouygues Construction SA

[edit]

On 30 January 2020, a ransomware-type virus was detected on Bouygues Construction's computer network although operational activity on the construction sites was disrupted. The "Maze Ransomware Gang" claimed responsibility for the attack and posted a 1.2 GB file that allegedly contained data taken from Bouygues Construction.[60][61]

Notes

[edit]
  1. ↑ Colas became a direct subsidiary of Bouygues in 2000, after a share swap made Bouygues the direct owner[4]

References

[edit]
  1. 1 2 3 4 5 "Annual Report 2025" (PDF). Bouygues. Retrieved 15 June 2026.
  2. ↑ "Olivier Bouygues". Forbes. Retrieved 29 September 2023.
  3. 1 2 3 4 "Bouygues : présentation et histoire" [Bouygues: presentation and history]. infinance.fr (in French). Retrieved 19 May 2020.
  4. 1 2 3 4 5 6 Sources:
    "History". bouygues.com. Bouygues. Archived from the original on 8 July 2011. Retrieved 14 July 2011.
    "Discover the history of the Bouygues group" (PDF), bouygues.com, Bouygues, archived from the original (PDF) on 2 October 2011, retrieved 14 July 2011
  5. ↑ Howes, R.; Tah, J. H. M. (2003), "Company profile 2.2: The Bouygues Group", Strategic management applied to international construction, Thomas Telford, p. 22, ISBN 978-0727732-118
  6. ↑ "Historique - Screg société travaux routiers, infrastructures industrielles" [History - Screg, road works, industrial infrastructure company], screg.fr (in French), archived from the original on 30 July 2011
  7. ↑ Dupont-Calbo, Julien (24 April 2012). "Quand Bouygues révolutionnait le mobile" [When Bouygues revolutionized mobile]. lemonde.fr.
  8. ↑ "For its 20th birthday Bouygues Telecom becomes the first unlimited 4G operator and covers its customers with gifts" (PDF). Bouygues. 26 May 2016.
  9. ↑ "Commission clears acquisition by Italy's Saipem of Bouygues Offshore". European Commission. 3 July 2002.
  10. ↑ Hoare, Michael (9 May 2002). "Bouygues sell-off may indicate more to follow". fnlondon.com.
  11. ↑ "Bouygues Completes Sale Of Saur Unit to PAI Partners". Wall Street Journal. 22 November 2004.
  12. ↑ Paisner, Guy (15 November 2004). "PAI wins Saur with knockout €1bn bid". fnlondon.com.
  13. ↑ Gow, David (28 April 2006). "Bouygues buys Alstom stake". The Guardian.
  14. ↑ "Acquisition by Bouygues of Alstom's shares owned by the French State". Alstom. 25 June 2006. Archived from the original on 7 October 2021.
  15. ↑ "Bouygues Telecom and Cellfish Media partner up to create a new advertising format aimed at mobile content". lagardere.com. 12 March 2008.
  16. ↑ "5 Of the most significant tech acquisitions in 2010". axcessnews.com. 5 December 2010.
  17. ↑ Landauro, Inti; Meichtry, Stacy (23 June 2014). "France Lifts Hurdle to GE-Alstom Deal". Wall Street Journal. Retrieved 13 February 2016.
  18. ↑ "Bouygues rejects €10bn offer from Altice for telecoms unit". Financial Times. 23 June 2015.
  19. ↑ "Bouygues rejects €10bn Altice takeover bid". BBC News. 24 June 2015.
  20. ↑ "Bouygues Construction announces the acquisition of AW Edwards, a leading Australian company". Bouygues. 28 May 2018. Archived from the original on 19 October 2020.
  21. ↑ "Dirigeable pour transports lourds: Flying Whales lève 30 millions d'euros de plus" [Heavy Transport Airship: Flying Whales raises an additional 30 million euros]. Le Figaro (in French). 11 December 2019. Retrieved 16 January 2026.
  22. ↑ "Flying Whales ouvre son capital à ADP, Bouygues et Air Liquide" [Flying Whales opens its capital to ADP, Bouygues and Air Liquide]. Les Echos (in French). 11 December 2019. Archived from the original on 27 December 2023. Retrieved 16 January 2026.
  23. ↑ "Bouygues Group to acquire Equans from Engie in €7.1bn deal". Financier Worldwide. 9 November 2021. Retrieved 26 January 2023.
  24. ↑ "Bouygues Agrees to Buy Engie's Equans for $8.2 Billion". Bloomberg.com. Archived from the original on 15 February 2022. Retrieved 16 January 2026.
  25. ↑ "Bouygues - Bouygues group organisation chart: a diversified industrial group", bouygues.com, Bouygues, archived from the original on 8 July 2011, retrieved 22 July 2011
  26. ↑ "Bina-Istra - Vlasnička struktura". 10 September 2011. Archived from the original on 10 September 2011. Retrieved 1 July 2023.
  27. ↑ "Bouygues - Parc des Princes", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  28. ↑ "Tour Axa (1974)", en.structurae.de, Nicholas Janberg's Structurae
  29. ↑ "Bouygues - Musée d'Orsay", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  30. ↑ "Bouygues - Pont de l'Ile de Ré", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  31. ↑ "Bouygues - Arche de la Défense", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  32. ↑ "Channel Tunnel". Structurae. Retrieved 13 February 2016.
  33. ↑ "Bouygues - Bibliothèque de France", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  34. ↑ Nicholas Janberg (ed.), "Pont de Normandie / Normandy Bridge (1995)", en.structurae.de, Nicholas Janberg's Structurae
  35. ↑ "Bouygues - Stade de France", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  36. ↑ "Barnet General Hospital". Hospital Management. Retrieved 7 April 2018.
  37. ↑ "The PFI contract for the redevelopment of the West Middlesex University Hospital" (PDF). National Audit Office. Retrieved 2 July 2018.
  38. ↑ "Brent Emergency Care & Diagnostic Centre, London, UK". UKIHMA. 31 October 2007. Archived from the original on 29 March 2020. Retrieved 29 April 2018.
  39. ↑ "Broomfield Hospital PFI Project Closes". Operis. 17 December 2007. Retrieved 27 April 2018.
  40. ↑ "North London PFI hospital gets financial close". Construction News. 31 October 2007. Retrieved 29 April 2018.
  41. ↑ "HS2 contracts worth £6.6bn awarded by UK government". The Guardian. 17 July 2017. Retrieved 13 October 2017.
  42. ↑ "Bouygues - Mosquée Hassan II", bouygues.com, Bouygues, archived from the original on 5 December 2008, retrieved 22 July 2011
  43. ↑ "Ivory Coast's long-awaited toll bridge opens to traffic". Yahoo News. Agence France-Presse. 21 December 2014. Retrieved 28 November 2025.
  44. ↑ Wallis, Shani (July 2010), "Port of Miami Tunnel gets underway", tunneltalk.com, TunnelTalk
  45. ↑ "2015 Registration Document" (PDF). Bouygues. p. 36.
  46. ↑ "Bouygues inaugure sept bâtiments publics au Turkménistan" [Bouygues inaugurates seven public buildings in Turkmenistan], lemoniteur.fr (in French), AFP via LeMoniteur.fr, 4 January 2011, archived from the original on 6 October 2011, retrieved 22 July 2011
  47. ↑ "Teach English in asia - ESL Jobs, Games, and Travel Blog". Archived from the original on 2 April 2015. Retrieved 13 February 2016.
  48. ↑ "Singapore Sports Hub, Kallang". Design Build Network. Retrieved 13 February 2016.
  49. ↑ "LRT-1 Cavite Extension Phase 1 viaduct completed". PortCalls Asia. 8 February 2022. Retrieved 12 March 2022.
  50. ↑ "LRT-1 Cavite Extension Project". Light Rail Manila Corporation. 20 November 2020. Retrieved 12 March 2022.
  51. ↑ "Bouygues reste fidèle à son architecte" [Bouygues remains faithful to its architect], journaldunet.com (in French), Le Journal du Net, retrieved 22 July 2011
  52. ↑ "Contacts". Bouygues Construction. Archived from the original on 29 December 2011. Retrieved 27 December 2011. Bouygues Construction Challenger 1, avenue Eugène Freyssinet Guyancourt 78061 St-Quentin-en-Yvelines France
  53. ↑ "Bouygues". unglobalcompact.org. Retrieved 13 February 2016.
  54. ↑ "Sponsors". theshiftproject.org. Retrieved 13 February 2016.
  55. ↑ "Vinci and Bouygues among six firms fined €31m for bid rigging in nuclear work". Construction Europe. 8 September 2023.
  56. ↑ Rusch, Jonathan J. (24 October 2023). "French Competition Regulator Fines Six Companies €31.2 Million for Bid-Rigging". New York University School of Law.
  57. ↑ Gould, N.; Bowler, L. "Bouygues (UK) Limited v Dahl-Jensen (UK) Limited". Fenwick Elliott. Retrieved 18 August 2023.
  58. ↑ Rey-Lefebvre, Isabelle (21 March 2017). "Condamné pour travail dissimulé, Bouygues n'est pas écarté des appels d'offres" [Convicted of undeclared work, Bouygues is not excluded from calls for tenders]. Le Monde (in French). Retrieved 15 November 2017.
  59. ↑ "Concealed work: Bouygues condemned". lutte-ouvriere.org. 15 July 2015.
  60. ↑ "Bouygues Construction IT taken out by ransomware". iTnews.com.au. 5 February 2020. Retrieved 13 July 2020.
  61. ↑ "Contractors on high alert after cyber attack on Bouygues Construction". hsfkramer.com. 10 February 2020.

Further reading

[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Bouygues&oldid=1364112240#History"