(AOF) – The six businesses of the Bouygues group (Bouygues Construction, Bouygues Immobilier, Colas, Equans, TF1 and Bouygues Telecom) have signed the EcoWatt Commitment Charter. Created by RTE (Electricity Transport Network) and ADEME (Environment and Energy Management Agency), EcoWatt is an information system that qualifies the level of electricity consumption in real time, electricity and alarm in case of network voltage .
Thus, the Bouygues group and its businesses are committed to implementing actions to limit their energy consumption: lowering temperatures in occupied spaces and optimizing electricity consumption (IT, lighting, etc.); incentive to limit travel by thermal vehicles, increased facilitation of remote work; and the internal promotion of the EcoWatt system and the reinforcement of the eco-gesture awareness plan.
TF1 has also established a partnership with the manager of the Network for the Transmission of Electricity (RTE) to promote a weather report on energy consumption in the air via the EcoWatt device. Millions of French people will thus benefit from the best advice to control their energy budget.
These actions aim to achieve a 10% reduction in the energy consumption of the six businesses of the Bouygues group in France by 2024 compared to 2019.
These actions are part of the Group’s climate strategy, whose decarbonisation trajectories are currently being validated through the Science-Based Targets (SBTia) initiative. These actions will contribute in particular to the 2030 Scope 1 and 2 greenhouse gas emission reduction targets presented during the Group’s Climate Markets Day in December 2020.
To ensure the proper implementation of these actions and the verification of the expected effects, a specific governance has been established through the coordination of a network of “energy clarity” referents within the Group’s businesses.
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– Industrial holding established in 1952 with global positions, historically in construction, diversified in television and telecom;
– Three business segments (37.6 billion euros) in different economic cycles: construction and roads with world leaders Bouygues Construction and Colas (75% of revenue), telephony with Bouygues Télécom (18%) and media with TF1, 43.7% owned (6%);
– Strong presence in France for 59%, in the rest of Europe for 18%, in America for 12% and in Asia for 8%;
– The business model aimed at strengthening the country of the world player in construction, energy and transport infrastructure, maintaining leadership in media in France and supporting the development of digital uses in telecom, through control through the value chain, high value offers added. and a targeted international presence;
– Capital held at 22.4% by the founding family (29.5% of voting rights) and by employees (20.3% and 27.4%), Martin Bouygues as chairman of the board of directors of 14 members and Olivier Roussat Managing Director;
– Very healthy balance sheet with net debt increased to €8.7 billion following the acquisition of Equans, but rated A and with a debt ratio of 29%.
– 4-point strategy: strengthening resilient businesses (Telecom and Energy and Services), developing Cola internationally and quarrying and bitumen, continuing the transformation of TF1 and Bouygues Immobilier, accelerating digital transformation;
– Innovation strategy: based on the deployment of 4 technologies: artificial intelligence for decision support and interactions between stakeholders, the Internet of Things coupled with big data, virtual and augmented reality for designing or inserting advertisements into content and block chain to secure transactions / organize in an open international ecosystem: research partnerships, dedicated funds for start-ups, presence on platforms (Futura Mobility, Impact AI, etc.);
– Environmental strategy aimed at achieving 3 objectives: carbon neutrality in 2050, responding to the needs of the value chain and turning climate constraints into a commercial opportunity: differentiated by trade: low carbon concrete, better intensity of use, biodiversity for construction, prevention, recycling and improvement of equipment for telecommunications and reducing the carbon impact of digital activities for television / envelope of 2 billion euros in investments 2022-2024 in reducing the carbon footprint / SBTI certification of all non-telecom activities ;
– Realization of the Ambition 2026 plan for Bouygues Telecom which aims to become the second
The French mobile network thanks to the merger with the EIT and BTBD networks, with a target of 7 billion euros in revenue, an operating margin of 35% and free cash flow of 600 million euros;
– Construction visibility with an order book of 35.1 billion euros.
– Disparities in operating margins and France’s high percentage of revenue;
– Following the blocking by regulatory authorities of the merger with M6, questions about the ability to maintain TF1’s market share on Netflix or Amazon Prime;
– The integration of Equans by the end of 2022, which will place the group in multi-technical services for digital and energy transitions;
– After a 6% increase in revenue, but a 64% decrease in net profit, 2022 targets confirmed, of increased turnover and current operating profit, including, for Bouygues Telecom, an increase of +5 % of revenue and +8% of operating profit;
– 2021 dividend of €1.8.
Concern and care
La Capeb wants to be cautious in its predictions for the whole year. It expects business growth between 1.5 and 2.5% in 2022 due to economic uncertainties and rising prices. For its part, the French Construction Federation (FFB) is expressing its concerns about the decline in sales of new homes for 2023. It also calls for measuring the impact of the ecological and digital transition on the sector. The RE2020 standard would thus generate additional costs of 5 to 12%. She would like to see a “National Construction Council”, recalling that the sector created more than 8,000 jobs during the first quarter.