|
|
Article: Bouygues Offshore Reports Third Quarter and Nine Months Financial Highlights; Net Sales Increase 24%; Reports Backlog of Euros 1,027.9 Million.
- Article from:
- Business Wire
- Article date:
- October 14, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MONTIGNY-LE-BRETONNEUX, France--(BUSINESS WIRE)--Oct. 14, 1999--
Bouygues Offshore S.A. (NYSE: BWG) today announced net sales, new orders and backlog for the nine months ended September 30, 1999.
Net sales for the 1999 first nine months rose 24% to euro 728.5 million (FF 4,779 million), compared to euro 588.3 million in the 1998 same period. This figure includes sales from Sofresid, which the Company acquired in May 1999 and consolidated from July 1, 1999. Excluding Sofresid's acquisition, the growth would have been 18%. New orders reached euro 1,059.2 million.
At the end of September, the backlog totaled euro 1,027.9 million. Approximately 26% ...