Eiffage Sa Unsp/Adr (EFGSY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.487 -- 00:00:02.487 Good 00:00:02.590 -- 00:00:07.796 evening all, and welcome to this presentation of the half-year 00:00:07.796 -- 00:00:10.039 results of Eiffage. 00:00:10.039 -- 00:00:14.986 As you have seen in the opening, the project of the substation OSS Jasmine for the wind 00:00:14.986 -- 00:00:20.052 farm, wind dunker, and the Baltic Sea, implemented by consortium 00:00:20.052 -- 00:00:23.637 HSM Offshore Energy, Smulders and IV. 00:00:23.637 -- 00:00:29.144 The know-how of HSM and Smulders are very complimentary, and we have grabbed the opportunity 00:00:29.144 -- 00:00:34.253 to reacquire AI system offshore energy while we had already four projects in 00:00:34.253 -- 00:00:37.537 common and that the teams know each other well. 00:00:37.537 -- 00:00:42.703 This acquisition strengthened our presence as constructor of the market of substations 00:00:42.703 -- 00:00:45.725 very dynamic in Europe. 00:00:45.847 -- 00:00:49.312 Let's move to the highlights of the first half year. 00:00:49.312 -- 00:00:53.377 It went very well according to our expectations 00:00:53.377 -- 00:00:57.560 and confirms our outlook for 2025. 00:00:58.655 -- 00:01:03.900 As expected, organic growth goes on to contribute to the growth of the group, 00:01:03.900 -- 00:01:05.322 plus 00:01:05.322 -- 00:01:07.704 the external growth. 00:01:07.704 -- 00:01:12.950 As announced, the construction division, in spite of a downturn 00:01:12.950 -- 00:01:17.555 at the first quarter, is back to growth as of end of June. 00:01:17.555 -- 00:01:22.640 This half year signs again a very strong growth in Europe, outside of France, to 00:01:22.640 -- 00:01:25.741 a rate of 17.4%, 17.4%. 00:01:28.253 -- 00:01:31.556 Commercial activity remains important on all our business lines. 00:01:31.55...