Core Insights - The Bouygues Group reported strong results for the first nine months of 2025, with sales reaching €41.9 billion, a 0.9% increase year-on-year, primarily driven by construction businesses [4][7][13] - Current operating profit from activities (COPA) increased by €95 million to €1,814 million, reflecting growth in construction and Equans [4][7][24] - Net profit attributable to the Group, excluding exceptional income tax surcharge, rose by €48 million to €735 million [4][7][64] Financial Performance - Sales for 9M 2025: €41,857 million, compared to €41,492 million in 9M 2024, representing a 0.9% increase [4][63] - Current operating profit from activities (COPA): €1,814 million, up from €1,719 million, a 5.5% increase [4][63] - Net profit attributable to the Group: €675 million, down from €687 million, while excluding exceptional income tax surcharge, it was €735 million, up from €687 million [4][64] Debt and Cash Position - Net debt at end-September 2025 was €7.6 billion, an improvement of €856 million compared to €8.5 billion at end-September 2024 [6][41] - The Group maintained a high liquidity level of €14.4 billion, including €3.1 billion in cash and equivalents [40] Business Segments Performance - Construction businesses reported sales of €20.6 billion, a 2% increase year-on-year, with COPA rising to €591 million, up €115 million [24][66] - Equans' sales decreased by 2% to €13.8 billion, but COPA increased by €91 million to €565 million, reflecting successful execution of its strategic plan [28][29] - Bouygues Telecom's sales increased by 4% to €5.9 billion, with a stable EBITDA after leases of €1.5 billion [33][34] Outlook and Guidance - The Group targets a slight increase in COPA and sales at constant exchange rates for 2025 compared to 2024 [2][9][10] - Bouygues Telecom aims for stable sales, with a focus on maintaining customer satisfaction and managing costs effectively [30][36] Sector-Specific Insights - The construction backlog at end-September 2025 was €32.1 billion, up 1% year-on-year, indicating strong future activity visibility [18][54] - Bouygues Construction's order intake was €6.8 billion, with a significant portion from contracts under €100 million [23][57] - TF1 group's sales remained stable at €1.6 billion, with a slight decrease in COPA to €191 million [37][38]

Group 1: Fund Performance - Loomis Sayles Small Cap Growth Fund returned 9.37% in Q2 2025, underperforming the Russell 2000 Growth Index's 11.97% return due to security selection issues in the information technology and financial sectors [1] - The second quarter began with significant volatility but ended at an all-time high for the S&P 500 [1] Group 2: Company Highlight - Construction Partners, Inc. - Construction Partners, Inc. (NASDAQ:ROAD) is a civil infrastructure company focused on constructing and maintaining roadways, with a one-month return of 6.04% and a 52-week gain of 82.15% [2] - As of September 29, 2025, Construction Partners, Inc. had a market capitalization of $7.18 billion, with shares closing at $127.14 [2] - The company achieved a revenue of $779.3 million in fiscal Q3 2025, reflecting a 51% increase compared to fiscal Q3 2024 [4] Group 3: Growth and M&A Activity - Construction Partners, Inc. has experienced mid-teens revenue growth through a combination of organic growth and mergers and acquisitions (M&A) [3] - The company outperformed during the quarter due to a significant M&A deal in Texas and other transactions in existing markets, which accelerated revenue growth and led to higher earnings revisions [3] Group 4: Hedge Fund Interest - At the end of Q2 2025, 27 hedge fund portfolios held shares of Construction Partners, Inc., an increase from 15 in the previous quarter [4]

Maple Highways, an Indian road contractor backed by Canada’s second largest pension fund, is in advanced talks to raise about $200 million through a bilateral offshore loan, sources say https://t.co/2db6UIydY6 ...

Additional information: Jüri Läll, CEO of Tallinna Teede AS, phone: +372 606 1901. Urmas Somelar Head of Finance AS Merko Ehitus +372 650 1250 urmas.somelar@merko.ee AS Merko Ehitus (group.merko.ee) group companies construct buildings and infrastructure and develop real estate. We create a better living environment and build the future. We operate in Estonia, Latvia, and Lithuania. As at the end of 2024, the group employed 605 people, and the group's revenue for 2024 was EUR 539 million. On August 19, 2025, ...