Full Year 2018 Bouygues SA Earnings Call Transcript
Excellent. Good morning, ladies and gentlemen. Thank you for being here. Without further ado, let us give you a presentation of our 2018 results. It's always pleasant the present the results when they're good. So some key figures. Of course, the group's profitability improved in Q4, which made it possible for our current operating profit to come out ahead at year's end rather, we -- while we expected it to come down slightly or at least to be stable. Our current operating profit, even restated with the 49% of -- for the capital gains on the 49% sale of Axione to Mirova is still up. And this was a good year in all our business areas in terms of sales, and the Board of Directors will be proposing a dividend of EUR 1.70 per share, stable compared with 2017.
Let's look at the key figures for 2018. First of all, sales. EUR 36 billion, up 8% compared to 2017 mainly due to acquisitions conducted in 2018. If you correct for these acquisitions and on the constant exchange rate basis, we turned up with a 3% improvement in revenue.
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