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Eiffage鈥檚 Q1 revenue up, but construction division down
14 May 2025
French construction, infrastructure and energy contractor Eiffage reported an 8.3% year-on-year increase in revenue for the first quarter of 2025, reaching 鈧�5.6 billion (US$6.3 billion), but its construction division remained in a downtrend.

Revenue in the energy systems division climbed 13.9% to 鈧�1.84 billion (US$2.06 billion), boosted by recent acquisitions in Germany.
Infrastructure revenue also rose, up 12.0% to 鈧�1.96 billion (US$2.2 billion), supported by continued activity on major European projects including the UK鈥檚 HS2 high-speed rail and offshore wind initiatives.
Revenue in the firm鈥檚 contracting segment rose 9.4% to 鈧�4.7 billion (US$5.2 billion), while its concessions business 鈥� including toll roads and airports 鈥� grew by 3% to 鈧�906 million (US$1.01 billion).
Revenue in the construction division declined 3.3% to 鈧�912 million (US$1.02 billion). The company cited a 34% drop in its property development business, although this was partially offset by activity in public and commercial building projects.
The company鈥檚 order book stood at 鈧�29.7 billion (US$33.3 billion) as of 31 March 2025, up 7% compared to the same point last year. International revenue growth was particularly strong, up almost 25% overall and 19% in Europe (excluding France).
During the quarter, Eiffage completed the acquisition of German firm IFT GmbH and announced plans to acquire HSM Offshore Energy, a Netherlands-based specialist in offshore wind platforms. The latter deal remains subject to regulatory approval.
Eiffage added that in 2025 revenue is expected to increase in all divisions for contracting.
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