Bouygues Sa · EURONEXT:EN
Bouygues Sa — H1 2025 Earnings Presentation
57 slides from Bouygues Sa's earnings presentation, Jul 31, 2025
Slide 1: First-half 2025 results
Paris’ Thursday.31 July-2025 ee er oa 3 BOUYGUES 2 7 ; . ‘bP « 7 Making progress, become reality. &% wee byes a ? Pa - 4 Bt . ; Z i ‘ ‘ee -
Slide 2: Disclaimer
H1 2025 | RESULT: 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", "b
Slide 3: Contents
MOREL Emmanuel
Slide 4: H1 2025 Group highlights
H1 2025 Group highlights ROBUST H1 2025 GROUP RESULTS The Group reiterates that the global macro-economic and geopolitical environment remains very uncertain Group sales were up slightly yoy, notably driven by construction businesses Group outlook for 2025 confirmed Notable increase in Group COPA®)
Slide 5: H1 2025 Group key figures
01] Highli H1 2025 Group key figures Like every year, due to seasonality, H1 results are not indicative of FY results sand key fi 796 Group TAT Group sales (€bn) COPA (€m) H1 2024 H1 2025 H1 2024 H1 2025 Net profit attributable v3 Group to the Group — @3) net debt _ (€m) &) (€m) © Ze eevee (TBTD) (8
Slide 6: Contents
Contents
Slide 7: Bouygues presented its "Living Avenues" initiative at VivaTech in June 2025
Bouygues presented its "Living Avenues" initiative at VivaTech in June 2025
Slide 8: The business segments continue their environmental initiatives
02 | CSR The business segments continue their environmental initiatives
Slide 9: Contents
MOREL Emmanuel Contents
Slide 10: Review of operations
Review of operations Bouygues COLAS Immobilier rame office building carried out by Losinger Marazzi- Bern, Switzerland - Bouy. First-half 2025 results ~ Bouygues group - 31 Ju!
Slide 11: Backlog in the construction businesses at a very high level
Backlog in the construction businesses at a very high level
Slide 12: Backlog in the construction businesses (1/2)
Backlog in the construction businesses (1/2)
Slide 13: Backlog in the construction businesses (2/2)
Backlog in the construction businesses (2/2)
Slide 14: First-half sales in the construction businesses
First-half sales in the construction businesses
Slide 15: First-half COPA in the construction businesses
First-half COPA in the construction businesses • • • •
Slide 16: Equans
FG EQUANS EMPOWERING TRANSITIONS ;enk, Belgium, by Equans oup - 31 July 2025 116
Slide 17: First-half key figures at Equans
First-half key figures at Equans
Slide 18: Adjustment to Equans' outlook
Adjustment to Equans’ outlook
Slide 19: Bouygues Telecom
. ) bouygues Launch of "Kids Watch", a connected watch designed for c| asa alternative to the smartphone Ine
Slide 20: Robust commercial performance for Fixed, in a slightly more competitive market
Robust commercial performance for Fixed, in a slightly more competitive market
Slide 21: Good sales performance in Mobile, in a mature and highly competitive market
Good sales performance in Mobile, in a mature and highly competitive market
Slide 22: First-half key figures at Bouygues Telecom
First-half key figures at Bouygues Telecom • • •
Slide 23: 2025 outlook for Bouygues Telecom
2025 outlook for Bouygues Telecom
Slide 24: Review of operations
Review of operations Main filming location for the TV series Tout pour la lumiére in La Ciotat (France) - TF1 126
Slide 25: First-half key figures at the TF1 group
First-half key figures at the TF1 group • •
Slide 26: 2025 outlook for the TF1 group
2025 outlook for the TF1 group
Slide 27: Contents
MOREL Emmanuel Contents
Slide 28: Condensed consolidated income statement
Condensed consolidated income statement
Slide 29: Change in net debt position in H1 2025 (1/2)
Change in net debt (a) position in H1 2025 (1/2)
Slide 30: Change in net debt position in H1 2025 (2/2)
Change in net debt (b) position in H1 2025 (2/2)
Slide 31: A robust financial structure
A robust financial structure
Slide 32: Contents
Contents 32
Slide 33: Bouygues group governance (1/2)
Bouygues group governance (1/2)
Slide 34: Bouygues group governance (2/2)
05 | Governance Bouygues group governance 2/2) The Board of Directors has been informed of the appointment of Stéphane Stoll as Senior Vice-President and Chief Financial Officer of the Group, with effect from 1 August 2025. He will join the Group Management Committee on that date. He will report to
Slide 35: Contents
Contents
Slide 36: 2025 outlook for the Bouygues group confirmed
2025 outlook for the Bouygues group confirmed
Slide 37: Calendar
Calendar Wednesday 5 November 2025, 7.30am (CET) First-half 2025 results ~ Bouygues group ~ 31 July 2
Slide 38: Making progress become reality
Making progress become reality HS2. Pep Speed rail line in the UK - cous
Slide 39: Contents
MOREL Emmanuel Contents
Slide 40: Key figures at Colas
07| Annexes and ot! Key figures at Colas Backlog (€bn) 14.1 {0 International and French overseas territories (Mainland France End-June 2024 Sales by business activity - H1 2025 1 Road construction 1 Railways/Specialised (a) Up 9% at constant exchange rates and excluding principal disposals and acqui
Slide 41: Key figures at Bouygues Construction
Key figures at Bouygues Construction €m
Slide 42: Key figures at Bouygues Immobilier
Key figures at Bouygues Immobilier €m
Slide 43: Key indicators at Bouygues Telecom
Key indicators at Bouygues Telecom
Slide 44: Group sales by sector of activity
Group sales by sector of activity
Slide 45: Contribution to Group EBITDA after Leases by sector of activity
Contribution to Group EBITDA (a) after Leases by sector of activity
Slide 46: Contribution to Group COPA by sector of activity
Contribution to Group current operating profit from activities (a) (COPA) by sector of activity
Slide 47: Contribution to Group current operating profit by sector of activity
Contribution to Group current operating profit (COP) by sector of activity
Slide 48: Contribution to Group operating profit by sector of activity
Contribution to Group operating profit by sector of activity
Slide 49: 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 50: Contribution to Group net cash flow by sector of activity
Contribution to Group net cash flow (a) by sector of activity
Slide 51: Contribution to net capital expenditure by sector of activity
Contribution to net capital expenditure by sector of activity
Slide 52: Contribution to Group free cash flow by sector of activity
Contribution to Group free cash flow (a) by sector of activity
Slide 53: Net surplus cash (+)/net debt (-)
Net surplus cash (+)/net debt (-) (a)
Slide 54: Condensed consolidated balance sheet
Condensed consolidated balance sheet
Slide 55: Glossary (1/2)
07| Annexes and ot! Glossary (2) ABPU (Average Billing Per User) Sales billed to customers divided by the average number of customers over the period First-half 2025 results - Bouygues group ~ 31 July 2025 Sales from services (Bouygues Telecom) comprise: Sales billed to customers, which include: IN
Slide 56: Glossary (2/2)
07| Annexes and ot! 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
Slide 57: Making progress become reality
Making progress become reality Firsthalf 2025 results ~ Bouygues group - 31 July 2025 |57