2000 Net Sales up 8%, Backlog up 11% to EUR 998.7 Million - USD 929.3 Million.Business Editors MONTIGNY-LE-BRETONNEUX Montigny-le-Bretonneux is a commune in the southwestern suburbs of Paris, France. It is located 24.5 km. (15.2 miles) from the center of Paris, in the "new town" of Saint-Quentin-en-Yvelines, created in the 1960s, of which it is the central and most populated commune. , France--(BUSINESS WIRE)--Feb. 13, 2001 Bouygues Bouygues (Euronext: EN) is a French industrial group listed on Euronext Paris. It is a blue chip in the CAC 40 stock market index, founded in 1952 by Francis Bouygues (educated at the École Centrale Paris, 1946) and since 1989 led by his son Martin Bouygues. Offshore (NYSE NYSE See: New York Stock Exchange :BWG BWG Bankwesengesetz (Federal Law on Banking, Austria) BWG Beam Waveguide (antenna) BWG Bundesamt für Wasser und Geologie (Federal Office for Water and Geology, Switzerland) )(BOURSE bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. :BOS.PA) announced today that
its net sales Net SalesThe amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight for the fourth quarter alone were up a strong 18% from the prior-year period, at EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 301.6 million. Sales rose by a reported 8% to EUR 1,065.1 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 983.7 million) in 2000. At comparable scope of consolidation, sales were stable compared with 1999. Backlog Backlog The total value of sales orders waiting to be fulfilled. Notes: This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings. increased by 43% from September September: see month. 30, 2000 and ended up 11% for the year at EUR 998.7 million (USD 929.3 million). Of the total, 75% relates to project work for 2001, and 25% for 2002 and thereafter.
Year-to-Date Analysis
----------------------------------------------------------------------
Twelve Twelve Twelve
months months months
ended ended ended
12/31/2000 12/31/2000 12/31/1999
Millions-unaudited US $ (1) euro euro
----------------------------------------------------------------------
Oil & Gas Contracting
Net Sales 731.0 791.5 728.9
New Orders 814.0 874.6 921.1
Backlog (end of period) 800.9 860.7 777.6
----------------------------------------------------------------------
Maintenance Services
Net Sales 121.1 131.1 124.6
New Orders 123.7 133.0 113.8
Backlog (end of period) 27.4 29.4 27.5
----------------------------------------------------------------------
Maritime and River Works
Net Sales 56.7 61.4 71.8
New Orders 35.6 382 39.0
Backlog (end of period) 9.8 10.5 33.7
----------------------------------------------------------------------
Liquefied Gases
Net Sales 12.3 13.3 8.5
New Orders 83.6 90.1 4.5
Backlog (end of period) 74.2 79.8 3.0
----------------------------------------------------------------------
Chemical, refining,
energy and industries
Net Sales 62.6 67.8 49.9
New Orders 23.0 24.6 111.4 (3)
Backlog (end of period) 17.0 18.3 61.5
----------------------------------------------------------------------
Total net sales(2) 983.7 1 065.1 983.7
Total new orders 1 079.9 1 160.5 1 189.8
Total backlog
(end of period) 929.3 998.7 903.3
----------------------------------------------------------------------
(1) (1) US $ net sales, are translated at an exchange rate of euro 1=
US $ 0.9236125 which is the average of the European Central Bank
reference rates of the euro from January 1, 2000 to December 31,
2000. New order and backlog are translated at an exchange rate of
euro 1 = US $ 0.9305 which is the European Central Bank reference
rate on December 31, 2000.
(2) Twelve months 2000 net sales included euro 66.2 million of
operating costs billed directly to single project joint ventures
or reimbursable expenses billed to customers, compared with euro
66.1 million for the twelve months 1999.
(3) Including euro 66.9 million backlog end of June 99.
Quarterly Analysis:
----------------------------------------------------------------------
Fourth quarter Fourth quarter Fourth quarter
ended 12/31/2000 ended 12/31/2000 ended 12/31/1999
Millions-Unaudited US $ (4) euro euro
----------------------------------------------------------------------
Oil & Gas
Contracting
Net Sales 189.9 218.3 175.2
New Orders 429.5 461.6 54.6
Backlog
(end of period) 800.9 860.8 777.6
----------------------------------------------------------------------
Maintenance Services
Net Sales 31.7 36.4 33.2
New Orders 33.6 36.1 32.6
Backlog (end of
period) 27.4 29.4 27.5
----------------------------------------------------------------------
Maritime and River
Works
Net Sales 19.0 21.8 15.1
New Orders 14.7 15.8 6.9
Backlog (end of
period) 9.8 10.5 33.7
----------------------------------------------------------------------
Liquefied Gases
Net Sales 6.9 7.9 2.5
New Orders 77.9 83.7 1.8
Backlog (end of
period) 74.2 79.7 3.0
----------------------------------------------------------------------
Chemicals, refining,
energy and
industries
Net Sales 14.9 17.2 29.3
New Orders 5.4 5.8 34.8
Backlog (end of
period) 17.0 18.3 61.5
----------------------------------------------------------------------
Total net sales(5) 262.4 301.6 255.3
Total new orders 561.1 603.0 130.7
Total backlog (end
of period) 929.3 998.7 903.3
----------------------------------------------------------------------
(4) US $ net sales, are translated at an exchange rate of euro 1 =
US $ 0.86976428 which is the average of the European Central
Bank reference rates of the euro from October 1, 2000 to
December 31, 2000. New order and backlog are translated at an
exchange rate of euro 1 = US $ 0.9305 which is the European
Central Bank reference rate on December 31, 2000.
(5) Fourth quarter 2000 net sales included euro 31.4 million of
operating costs billed directly to single project joint
ventures or reimbursable expenses billed to customers,
compared with euro 20.1 million in the fourth quarter 1999.
Bouygues Offshore S.A. is a leading international contractor contractor n. 1) a person or entity that enters into a contract. 2) commonly, a person or entity that agrees to construct a building or to provide or install specialized portions of the construction. serving the oil and gas industry, specializing in providing integrated solutions for the design, construction, installation and management of offshore and onshore on·shore adj. 1. Moving or directed toward the shore: an onshore wind. 2. Located on the shore: an onshore beacon; an onshore patrol. adv. oil and gas turnkey See turnkey system. projects. The Company also provides maintenance services to the oil industry, engages in maritime and river-related civil work projects and provides design, engineering and construction in : liquefied natural gas liquefied natural gas: see under natural gas. Liquefied natural gas (LNG) A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. (LNG LNG (liquefied natural gas): see under natural gas. ), chemical and refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar , and energy and industry. |
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