PARIS (Business) – France’s Bouygues reported a 9% drop in its first-quarter sales owing to the bite of coronavirus-related lockdowns.
Bouygues group revenues fell to 7.22 billion euros ($7.80 billion) over the period from 7.93 billion a year ago. The current operating losses of the Paris-based firm widened by 184 million euros, making the first-quarter’s total losses to 242 million.
Bouygues believes it is “too soon” to give a new full-year financial target.
(Photo syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.
