ENXTPA:ENConstruction
Bouygues (ENXTPA:EN) Stock Ignores Rising Profit Quality As Margins Improve
Bouygues stock came into the release with a flat short term run, up about 2.6% over seven days and roughly 2.5% over a month, and a small 3% slip over the past quarter. That muted backdrop sits oddly against a quarter where the real story is profit quality. Net income group share improved in the first half and basic earnings per share for Q2 landed at €0.98, backed by €14,151m of revenue.
The market is treating Bouygues like nothing much has changed. The earnings headline is that...