Bouygues SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Bouygues SA To Announce Redundancy Plan-Reuters
Reuters reported that according to Les Echos, Bouygues SA is expected to announce a voluntary redundancy plan at its telecom unit, threatening several hundreds of job, as it struggles with competition from ultra-low-cost new entrant Free Mobile. Bouygues Telecom, which employs 10,000, is facing a drop in sales which could fall 15% to 20% this year, and in profitability, despite the previous launch of a cost reduction plan of EUR300 million per year.
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