Bouygues Group; Company Profile
Some important details about Bouygues Group include its business divisions, subsidiaries, geographical footprint, and the impact of COVID-19 on the company.
- Bouygues Group is a diversified multinational industrial group founded in 1952 that offers construction, telecommunication, and media services through its various subsidiaries.
- The company's headquarters are in Paris, France, with over 130k employees spread across the various locations it operates in.
- Bouygues Group's industries of operation include building & maintenance, communications infrastructure, construction, facilities support services, real estate, media & entertainment, and telecommunication.
- Bouygues Group's business divisions include the construction business, media services, and telecommunication services.
- The company's construction business is championed by Bouygues Construction, Bouygues Immobilier and Colas, the company's subsidiaries focused on building and civil works, property development, transport infrastructure, energy and services, and concessions.
- The company's media business segment is run by TF1, the company's subsidiary specializing in broadcasting, studios & entertainment, and digital solutions.
- The company's telecommunication business segment is run by Bouygues Telecom, which offers innovative electronic communication solutions that give clients an efficient digital experience.
- Bouygues Construction: The subsidiary generated sales worth $14.84B (€13.4B) in 2019 and has 58,149 employees. Bouygues Construction operates in 60 countries, where it offers design, building, and operation of infrastructure and industrial projects.
- Bouygues Immobilier: The subsidiary generated sales worth $2.99B (€2.7B) in 2019 and has been in the French market for over 60 years. Bouygues Immobilier offers the design, building, and operation of infrastructure and industrial projects.
- Colas: The subsidiary generated sales worth $15.17B (€13.7B) in 2019 and has 57,037 employees. Colas operates in over 50 countries, where it offers transport infrastructure construction and maintenance.
- TF1: The subsidiary generated sales worth $2.58B (€2.3B) in 2019 and has 3,686 employees. TF1's contribution to Bouygues Group includes the development of broadcasting, studios & entertainment, and digital group segments in 2016, making it the leading integrated group in TV and digital media content, from production to distribution.
- Bouygues Telecom: The subsidiary generated sales worth $6.7B (€6.05B) in 2019 and has 8,937 employees. Bouygues Telecom has been on the telecommunication market since 1996 where it offers innovative electronic communication solutions.
- Bouygues Group operates in 92 countries in various world regions including Europe, North and South America, Africa and the Middle East, and Asia.
- A breakdown of the featured countries can be found here.
Company Ownership Structure
- Bouygues Group is a public company listed on the Euronext Paris exchange. The highest share ownership amount for the company as of December 31, 2019, is by foreign shareholders (36.5%), followed by other French shareholders (23%), SCDM, the Bouygues family holding company (21.2%), and employees (19.3%).
- Martin Bouygues is the chairman and CEO of Bouygues Group. He is responsible for making the major corporate decisions involving the group.
- Olivier Bouygues is the director and deputy CEO of Bouygues Group. He works in close partnership with the CEO to provide leadership across the group.
Impact of Covid-19 on Bouygues Group
- The COVID-19 epidemic and the resulting movement restrictions put in place has caused a sharp decline in the activities of Bouygues Group's business segments, including TF1 and Bouygues Telecom.
- The company has experienced cancellation of services from clients, for instance, TF1 has reported a steady increase in cancellations of advertising campaigns.