Eiffage reported its interim results on Wednesday, posting a 7.5% rise in first-half 2025 revenue to €11.93 billion, driven by strong growth in its Contracting business, but group net income fell nearly 20% due to a one-off tax charge in France.
Contracting revenue grew 8.4% to €10.02 billion, with particularly strong gains in Europe outside France, up 17.4%.
The Energy Systems division posted a 13.2% increase, helped by acquisitions in Germany, while Infrastructure revenues rose 8.2%. Eiffage highlighted the consolidation of HSM Offshore Energy, strengthening its position in European offshore wind.
Operating profit on ordinary activities rose 0.9% to €1.01 billion, reflecting a 16.4% improvement in Contracting profitability.
Concessions also performed solidly, with motorway traffic at APRR up 2.2% and operating profit increasing by €23 million.
However, net income attributable to the group dropped 19.4% year-on-year to €308 million, hit by a €135 million exceptional corporation tax contribution in France. At a constant tax rate, Eiffage said net income would have been €391 million.
The company’s order book stood at €29.5 billion at the end of June, up 4% from a year earlier. Net debt was reduced by €0.7 billion to €9.9 billion.
Looking ahead, Eiffage confirmed its 2025 outlook, forecasting further growth in revenue and operating profit across Contracting and Concessions. The group expects profitability at Eiffage Énergie Systèmes to reach a 6% margin with revenue close to €8 billion.
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