Q1 2022 Bouygues SA Earnings Call Transcript
Welcome to the Bouygues Conference Call. (Operator Instructions) I would like now to introduce Mr. Pascal Grange, Deputy CEO and CFO of Bouygues. Thank you.
Good morning to all of you, and thank you for joining us to discuss Bouygues' First Quarter 2022 Results. With me in the room are Christian Lecoq, CFO of Bouygues Telecom; and Arnaud Godard, Head of Investor Relations. Following our presentation, we'll be answering your questions.
Let's start with Q1 highlights on Slide 4. Total group sales were up 6% in Q1 2022. The construction and services businesses demonstrated a good level of activity with the backlog up 4% and sales up 7%, driven by Colas. Bouygues Telecom experienced a good commercial performance, both in mobile and in fixed. And last, TF1 sales increased meaningfully.
Second, our 2 M&A projects are well on track and new milestones were completed. The Equans acquisition received all the required employee representative body's opinions. This condition precedent being met, the
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