Egis: Annual Results For 2015

Managed turnover: €937 million; Recurrent operating profit: €47.4 million

Improved Group Performance

In 2015, the Group’s managed turnover amounted to €937 million, up 10% compared with 2014 (€854 million). This figure is encouraging, considering the caution displayed by actors on a great many markets and persistently challenging economic conditions, in particular in France.

This growth can be attributed to our acquisitions, which account for approximately 6 percentage points, but it is also due to our business development: 4% excluding scope effects.

Following a drop in 2014, the order intake for engineering has resumed an upward trend. It represented 14 months of business in 2015, taking the order book to 22 months of activity at the end of 2015, which is a positive signal for the coming year.

Recurrent operating profit stood at €47.4 million, as against €31.7 million in 2014.

Distributable net profit (Group share) stood at €26.9 million in 2015. Excluding capital gains, the figure is €24.4 million, a substantial increase compared with 2014 (€13.5 million).

A Group Expanding Internationally

60% of our turnover in 2015 was generated outside France. This figure compares with 53% in 2015 and 49% in 2014. This geographical shift in our business is in line with our strategy to go where the growth is. We have notably consolidated our presence in India, the Middle East and Brazil, positioning these three regions as strategic platforms for the future development of our company.

Our substantial growth outside France had a positive effect on our financial results. It also allowed us to save jobs in France by reallocating some of our employees to international projects, thereby compensating for the drop in our business in France.

Major Achievements in 2015

In 2015, Egis recorded a substantial increase in its international business, and in particular in the Middle East (which now accounts for 13% of Group turnover) where it acquired Projacs, one of the region’s leading project management consultancies.

The Group was awarded a number of significant projects relating to the construction of major transport infrastructure all over the world, such as the engineering, procurement and construction management (EPCM) of line 3 of the Mumbai metro in India, of line 13 of the São Paulo metro in Brazil and of line 3 of the Guadalajara metro in Mexico; the operational management of the National Highway NH-8D toll motorway in India; and the EPCM of the improvement and widening of the Grenoble orbital motorway (A480) and the widening of the A75 south of Clermont-Ferrand.

Contacts were also won in the area of water in Qatar (EPCM for the rehabilitation of the Al Karaana lagoon and supervision of construction work on the main sewer of the Doha waste water treatment network), in energy (design and build programme management for the heating network at Paris-Saclay, EPCM of the climate control network at the Saint-Jean Belcier business park in Bordeaux), in urban development (design and works supervision for the Um Alhoul Economic Zone in Qatar), and in building (EPCM of the renovation of the Stade du 5-Juillet in Algiers, and the project coordination of the construction of the Sorbonne Nouvelle in Paris).

In 2015, Egis continued to develop its activities in new mobility services and, among other achievements, was awarded a contract for on-street parking services in the city of Amsterdam which feature among the most advanced in the world.

Finally, in 2015 Egis won a number of prestigious awards for its innovations including the French National Engineering Awards’ “Industry and Technology” prize for Wind-it®, its telecommunication mast incorporating wind turbines, the “Climate Change” award in the “Innovation in technology” category at the World Efficiency 2015 show for its ROSAU methodological approach to improve urban resilience, and the “Outstanding Project of the Year” distinction for the Philharmonie de Paris in the 2015 FIDIC Awards.

About the Egis Group

€937 million managed turnover in 2015
13,000 employees

Egis is an international group offering engineering, project structuring and operations services. In engineering and consulting, its sectors of activity include transport, urban development, building, industry, water, environment and energy. In roads and airports its offer is enlarged to encompass project structuring, equity investment, turnkey systems delivery, operation and maintenance services and mobility services. Employing 13,000 people, including 8,300 in engineering, the group generated a managed turnover of €937 million in 2015.

Egis is 75%-owned by the French “Caisse des Dépôts” and 25%-owned by Iosis Partenaires (a “partner” executive and employee shareholding).