Bouygues Sa · EURONEXT:EN
Bouygues Sa — Q1 2025 Earnings Presentation
52 slides from Bouygues Sa's earnings presentation, May 14, 2025
Slide 1: Q1 2025 results
Q1 2025 results The A11 motorway near Nantes in France built by teams from Aximum, Bouygues Travaux Publics Régions France and Colas.
Slide 2: Disclaimer
QU 2025 | RESUL Disclaimer This presentation contains rounded figures, forward-looking information and statements about the Bouygues group and its businesses. Forward-looking statements may be identified by the use of words such as "will", "expects", "anticipates", "future", "intends", "plans", "bel
Slide 3: Contents
Contents 1 Highlights and key figures Review of operations Financial statements & LY Outlook Annexes
Slide 4: Group highlights in Q1 2025
Group highlights in Q1 2025 GROUP'S PERFORMANCE The Group points out that the global macro-economic and geopolitical environment remains very uncertain. & EQUANS CONSTRUCTION BUSINESSES Improvement of COPA Backlog at a new pet result attributable and COPA margin yoy, record level, Group outlook Grou
Slide 5: Group key figures in Q1 2025
Group key figures in Q]1 2025 Like every year, due to seasonality, QI results are not indicative of H1 and FY results Group 69 a sales COPA® (€m) 26 Q1 2024 QI 2025 QI 2024 Q12025 Net profit/(loss) 19 u End-March 2024 End-March 2025 attributable to the Group “60° @3) 156 1 Q1 2024 Q12025 | (2) Curre
Slide 6: Contents
thedral in Paris Contents Highlights and key figures 2 Review of operations Financial statements & LY Outlook Annexes
Slide 7: Construction businesses
&: > | (Zeouvcues 3) COLAS ( Bouygues ilier in Port Perry (Ontar Bouygues group QI 2025 results ~ 14 May 2025
Slide 8: Backlog in the construction businesses at a new record level
Backlog in the construction businesses at a new record level
Slide 9: Backlog in the construction businesses (1/2)
Backlog in the construction businesses (1/2)
Slide 10: Backlog in the construction businesses (2/2)
Backlog in the construction businesses (2/2)
Slide 11: Sales in the construction businesses
Sales in the construction businesses
Slide 12: COPA in the construction businesses
COPA in the construction businesses • •
Slide 13: Equans
FEQUANS EMPOWERING TRANSITIONS
Slide 14: Key figures at Equans
02 | Review of operations Key figures at Equans ORDER INTAKE €5.2bn Gradual improvement in the order intake margin 26.4bn At end-March 2025 Il positive market trends, some wait-and-see nce in the short term in a few activities in France ind Europe “) Continued selective approach to contracts strateg
Slide 15: Equans' outlook
Ons | Review of oper. Equans’ outlook >> in 2025, Eq its strategic Plan Sales Continued organic sales growth, at a lower pace than in 2024 Margin from . eae . . . activities cy) Margin from activities close to 4%, possibly slightly higher Cash A cash conversion rate (COPA-to-cash flow) of between 80
Slide 16: Bouygues Telecom
.) bouygues B.iG offer s~ 4 May 2025 16
Slide 17: Bouygues Telecom pursues its growth strategy in Fixed
Bouygues Telecom pursues its growth strategy in Fixed, as a pioneer in technology and quality of service
Slide 18: Solid performance in Fixed, in volume and value
Solid performance in Fixed, in volume and value
Slide 19: Solid commercial performance in Mobile
Solid commercial performance in Mobile, reflecting Bouygues Telecom’s new strategy
Slide 20: Key figures at Bouygues Telecom
Key figures at Bouygues Telecom • • •
Slide 21: 2025 outlook for Bouygues Telecom
2025 outlook for Bouygues Telecom
Slide 22: Review of operations
Review of operations LE GROUPE Hosted by Amélie Carrouér, s de l'info" is a daily show on LCI where journalists, experts and personalities help analyse the news
Slide 23: Key figures at the TF1 group
02 | Review of operations Key figures at the TF1 group Audience leadership maintained for the TF1 group 33.0% for WPDM<50 @ (@) Women under 50 who are purchasing decision-makers Sales +2% yoy MEDIA +2 yoy Stable advertising revenues, with continued strong growth momentum for TF1+,| up 37% yoy MARGIN
Slide 24: 2025 outlook for the TF1 group
2025 outlook for the TF1 group
Slide 25: Contents
thedral in Paris Contents Highlights and key figures Review of operations 3 Financial statements & LY Outlook Annexes
Slide 26: Condensed consolidated income statement
Condensed consolidated income statement
Slide 27: Change in net debt position in Q1 2025 (1/2)
Change in net debt (a) position in Q1 2025 (1/2)
Slide 28: Change in net debt position in Q1 2025 (2/2)
Change in net debt (a) position in Q1 2025 (2/2)
Slide 29: A robust financial structure
A robust financial structure
Slide 30: Contents
& LY Highlights and key figures 4 Outlook Contents Review i Annexes of operations Financial statements thedral in Paris
Slide 31: Bouygues group's outlook for 2025 confirmed
Bouygues group’s outlook for 2025 confirmed
Slide 32: Calendar
04 | look Calendar H1 2025 results Thursday 31 July 2025, 7.30am CET 9M 2025 results Wednesday 5 November 2025, 7.30am CET 5 results ~ 14 May 2025
Slide 33: Questions & Answers
(BOUYGUES } P . The Simone Veil bridge in Bordeaux, built by Bouygues Travaux Publics Making progress become reality
Slide 34: Contents
& LY Contents Highlights and key figures Outlook Of oper 5 Annexes of operations Financial statements thedral in Paris 134
Slide 35: Key figures at Colas
05 | Annexes Key figures at Colas ee Backlog (€bn) 13.8 {i International and French overseas territories HB Mainland France End-March 2024 End-March 2025 Colas - Key figures Sales by business activity - Q1 2025 €m Q12024 Change I Road construction a Sales 2,64 a 1B Railways/Specialised : 1) Roads ma
Slide 36: Key figures at Bouygues Construction
Key figures at Bouygues Construction €m
Slide 37: Key figures at Bouygues Immobilier
Key figures at Bouygues Immobilier €m
Slide 38: Key indicators at Bouygues Telecom
Key indicators at Bouygues Telecom
Slide 39: Group sales by sector of activity
Group sales by sector of activity
Slide 40: Contribution to Group EBITDA after Leases by sector of activity
Contribution to Group EBITDA after Leases (a) by sector of activity
Slide 41: Contribution to Group COPA by sector of activity
Contribution to Group current operating profit from activities (a) (COPA) by sector of activity
Slide 42: Contribution to Group current operating profit by sector of activity
Contribution to Group current operating profit (COP) by sector of activity
Slide 43: Contribution to Group operating profit by sector of activity
Contribution to Group operating profit by sector of activity
Slide 44: Contribution to net profit attributable to the Group by sector of activity
Contribution to net profit attributable to the Group by sector of activity
Slide 45: Contribution to Group net cash flow by sector of activity
Contribution to Group net cash flow (a) by sector of activity
Slide 46: Contribution to net capital expenditure by sector of activity
Contribution to net capital expenditure by sector of activity
Slide 47: Contribution to Group free cash flow by sector of activity
Contribution to Group free cash flow (a) by sector of activity
Slide 48: Net surplus cash (+)/net debt (-)
Net surplus cash (+)/net debt (-) (a)
Slide 49: Condensed consolidated balance sheet
Condensed consolidated balance sheet
Slide 50: Glossary (1/2)
Glossary (2) ABPU (Average Sales billed to customers divided by the average number of customers over the period. g Per User) Bouygues group QI Sales from services (Bouygues Telecom) comprise: Sales billed to customers, which include: IN MOBILE: + For B2C customers: sales from outgoing call charges (
Slide 51: Glossary (2/2)
Glossary (2/2) Other sales (Bouygues Telecom) Difference between the total sales of Bouygues Telecom and its sales from services. It comprises: * Sales from handsets, accessories and other * Roaming sales + Non-telecom services (construction of sites or installation of FTTH lines) * Co-financing of
Slide 52: Making progress become reality
Making progress become reality Bouygues group Ql 2025 results ~ 14 May 2025 | 52