Bouygues SA Reports Growth Amid Cyberattack Concerns
Bouygues SA, a French multinational company, has seen its stock price increase over the past few years. The company’s current stock value has surpassed its 52-week high.
The company’s diversified operations in construction, engineering, real estate, and telecommunications have contributed to its growth. Bouygues’ stock price has also seen a significant increase, with investors who invested in the company five years ago now seeing a 17.48% return on their investment.
Recent Cyberattack Affects Bouygues Telecom Customers
A recent cyberattack on Bouygues Telecom has compromised the personal data of six million customers. However, the company assures that financial information and passwords remain secure.
Market Performance and Acquisitions
The French stock market, where Bouygues is listed, has been performing well. The CAC 40 index has risen modestly due to positive earnings updates and expectations of a rate cut by the Federal Reserve. Bouygues’ own stock price has also seen a significant increase.
Bouygues’ subsidiary Colas has strengthened its presence in the US by acquiring a family-owned company operating in the road construction sector. This move is part of Colas’ efforts to expand its operations in North America, where it already generates 28% of its revenue.
Key Statistics
- Bouygues’ stock price has surpassed its 52-week high
- Investors who invested in Bouygues five years ago have seen a 17.48% return on their investment
- Bouygues Telecom’s cyberattack has compromised the personal data of six million customers
- Colas generates 28% of its revenue in North America