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Eiffage H1 profit climbs 30.1% YOY

Eiffage SA said its normalized net income for the first half came to €1.54 per share, compared with the S&P Capital IQ consensus estimate of €1.77 per share.

EPS climbed 27.7% year over year from €1.20.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €147.9 million, an increase of 30.1% from €113.6 million in the year-earlier period.

Total revenue grew 8.7% year over year to €7.14 billion from €6.57 billion, and total operating expenses increased 8.7% from the prior-year period to €6.43 billion from €5.92 billion.

Reported net income rose 30.8% from the prior-year period to €174.0 million, or €1.81 per share, from €133.0 million, or €1.41 per share.