FGR.PA - Eiffage SA

Paris - Paris Delayed Price. Currency in EUR
102.55
-2.80 (-2.66%)
At close: 5:36PM CET
Stock chart is not supported by your current browser
Previous Close105.35
Open104.65
Bid0.00 x 0
Ask0.00 x 0
Day's Range100.80 - 106.30
52 Week Range83.92 - 111.75
Volume625,248
Avg. Volume219,918
Market Cap9.987B
Beta (5Y Monthly)N/A
PE Ratio (TTM)14.26
EPS (TTM)7.19
Earnings DateFeb 26, 2020
Forward Dividend & Yield2.40 (2.28%)
Ex-Dividend DateMay 21, 2019
1y Target Est102.77
  • Thomson Reuters StreetEvents

    Edited Transcript of FGR.PA earnings conference call or presentation 26-Feb-20 4:40pm GMT

    Full Year 2019 Eiffage SA Earnings Presentation

  • Here's What We Think About Eiffage SA's (EPA:FGR) CEO Pay
    Simply Wall St.

    Here's What We Think About Eiffage SA's (EPA:FGR) CEO Pay

    Benoit de Ruffray became the CEO of Eiffage SA (EPA:FGR) in 2016. This analysis aims first to contrast CEO...

  • The World's Most Expensive Railway is in a Hole
    Bloomberg

    The World's Most Expensive Railway is in a Hole

    (Bloomberg Opinion) -- Large infrastructure projects are almost always delivered late and massively over-budget. Then everyone forgets about the fuss and marvels at the achievement. Few people regret today that Britain and France built a rail tunnel under the English Channel, yet it cost a fortune and nearly caused the owner to collapse.One must be wary, then, of the often nimbyish opposition to Britain’s plan to build a new high-speed railway between London and the north of the country, known as HS2. Balfour Beatty Plc, Vinci SA, Eiffage SA, Skanska AB and Kier Group Plc are among the contractors slated to help deliver Europe’s largest infrastructure project.Supporters say it will boost rail capacity and connectivity between Britain’s cities, create thousands of jobs and spur economic development and urban regeneration. Their opponents argue that the project is an ill-conceived financial black hole that could end up costing 106 billion pounds ($138 billion).(2) While both sides have a point, it’s hard to believe this money will be spent wisely.Weeks after winning a thumping election victory with a promise to boost less well-off regions beyond London, Boris Johnson’s Conservatives are bitterly divided over HS2. A final decision is expected as soon as this week. Fed up of Brexit paralysis, the temptation for ministers to “just do something” must be strong. Even so, the brave move would be to call a halt, and at the very least order fundamental changes to the project.Politicians and engineers shouldn’t be afraid to think big. Britain’s overpriced and frequently overcrowded train services aren’t a patch on France’s TGV or Japan’s Shinkansen. But much of the decent infrastructure built in the U.K. lately — such as the Crossrail and HS1 rail projects and the Thames Tideway super-sewer — was constructed in the wealthy London area.Sadly, almost everything about HS2 invites disbelief. The costs are stupefying, the design is too complicated and its environmental credentials are questionable. Even now it’s not clear what problem HS2 is trying to solve or whether it’s the most cost-effective way to solve it. That’s unacceptable when it will consume more cash than Britain spends annually on education.The Johnson government may forge ahead blindly because preliminary work is already advanced. More than 7.5 billion pounds has been spent on land purchases, archaeological excavations and preliminary design and demolition work. “In a hole the size of HS2, the only thing to do is keep digging,” Johnson claimed last week, with typical bravado.In fairness, there is a lack of “shovel-ready” alternatives to ease capacity constraints on the train network. Simply upgrading existing lines would cause years of disruption to passengers.  And densely-populated Britain isn’t alone in discovering that high-speed lines don’t come cheap. Costs on these projects are rising everywhere and their average time to completion in Europe is around 16 years. The first phase of HS2 connecting London and Birmingham requires more than 300 bridges and 70 viaducts.Still, HS2’s projected costs — more than 160 million pounds per km for the first section(6) — are far higher than other European high-speed lines, and most of the construction hasn’t even begun yet.(3) It’s impossible to predict the final bill because the planning for the second phase of the project is still at an early stage, warns the National Audit Office.  Qualifying his call to keep digging, Johnson last week accused HS2 of being “profligate” and said the way it was managed was “hopeless”. He is right.HS2’s trains will be capable of reaching up to 225 miles per hour (360 km/hr), enabling as many as 18 hourly departures from London. Both the maximum speed and flow rate are higher than other high-speed lines in Europe or Japan. Yet successive governments and HS2 Ltd., the public body tasked with delivering the project, have consistently underestimated its complexity and cost; difficult ground conditions are the latest problem. The failure to contain and communicate these risks has undermined their credibility.The ultra-fast design has fueled suspicions that HS2 is a vanity project that will benefit business folk, especially those in London. Overcrowding is most common on local commuter routes, not intercity express lines. Rail connections between northern cities are poor. The money might be better spent on that.It’s remarkable that an infrastructure project billed as benefiting the Midlands and the north will commence work in London and the south, where expensive tunneling and ground-lowering work is required to keep wealthy locals happy. The northern section probably won’t be completed until 2040.At the same time, HS2’s environmental credentials have been undermined by the carbon expended in the project’s construction and materials. And the route doesn’t link to Heathrow airport or Eurostar international rail services in St Pancras, which might have persuaded more Brits not to fly domestically or to Europe.Perhaps there’s a way to salvage HS2 without gutting its ambition or culling it altogether. Regrettably, the findings of a government ordered review of the project still haven’t been published. The aspiration to provide decent infrastructure is noble, but it doesn’t excuse poor management, the signing of blank checks and favoring the south of England.Johnson needs to get a grip and the emergency brake is a decent place to start. As he admits, this project is in a hole; the smart thing would be to dig a better one.(1) The 106 billion pounds figure has been cited in press reports in relation to the (unpublished) Oakervee review of HS2. The latest official estimate is a maximum of 88 billion pounds.(2) Using the mid-point cost estimate in the HS2 chairman's review and a length of 230km. The calculation is in 2015 prices.(3) Making meaningfulcomparisons is difficult because HS2 includes lots of station and tunnel construction work.To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Should You Be Adding Eiffage (EPA:FGR) To Your Watchlist Today?
    Simply Wall St.

    Should You Be Adding Eiffage (EPA:FGR) To Your Watchlist Today?

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • Can Eiffage SA (EPA:FGR) Maintain Its Strong Returns?
    Simply Wall St.

    Can Eiffage SA (EPA:FGR) Maintain Its Strong Returns?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Why Dividend Hunters Love Eiffage SA (EPA:FGR)
    Simply Wall St.

    Why Dividend Hunters Love Eiffage SA (EPA:FGR)

    Is Eiffage SA (EPA:FGR) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be...

  • Could Eiffage SA's (EPA:FGR) Investor Composition Influence The Stock Price?
    Simply Wall St.

    Could Eiffage SA's (EPA:FGR) Investor Composition Influence The Stock Price?

    If you want to know who really controls Eiffage SA (EPA:FGR), then you'll have to look at the makeup of its share...

  • Despite Its High P/E Ratio, Is Eiffage SA (EPA:FGR) Still Undervalued?
    Simply Wall St.

    Despite Its High P/E Ratio, Is Eiffage SA (EPA:FGR) Still Undervalued?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...

  • Are Eiffage SA’s (EPA:FGR) Returns Worth Your While?
    Simply Wall St.

    Are Eiffage SA’s (EPA:FGR) Returns Worth Your While?

    Today we'll evaluate Eiffage SA (EPA:FGR) to determine whether it could have potential as an investment idea. To be...

  • Announcing: Eiffage (EPA:FGR) Stock Increased An Energizing 113% In The Last Five Years
    Simply Wall St.

    Announcing: Eiffage (EPA:FGR) Stock Increased An Energizing 113% In The Last Five Years

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...

  • Thomson Reuters StreetEvents

    Edited Transcript of FGR.PA earnings conference call or presentation 28-Aug-19 3:30pm GMT

    Half Year 2019 Eiffage SA Earnings Presentation

  • Will Eiffage SA's (EPA:FGR) Earnings Grow Over The Next Year?
    Simply Wall St.

    Will Eiffage SA's (EPA:FGR) Earnings Grow Over The Next Year?

    Based on Eiffage SA's (EPA:FGR) earnings update in December 2018, it seems that analyst expectations are fairly...

  • Is Eiffage SA's (EPA:FGR) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is Eiffage SA's (EPA:FGR) CEO Overpaid Relative To Its Peers?

    In 2016 Benoit de Ruffray was appointed CEO of Eiffage SA (EPA:FGR). This report will, first, examine the CEO...

  • Here's Why Eiffage (EPA:FGR) Has A Meaningful Debt Burden
    Simply Wall St.

    Here's Why Eiffage (EPA:FGR) Has A Meaningful Debt Burden

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • With A Return On Equity Of 17%, Has Eiffage SA's (EPA:FGR) Management Done Well?
    Simply Wall St.

    With A Return On Equity Of 17%, Has Eiffage SA's (EPA:FGR) Management Done Well?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Is It Time To Consider Buying Eiffage SA (EPA:FGR)?
    Simply Wall St.

    Is It Time To Consider Buying Eiffage SA (EPA:FGR)?

    Let's talk about the popular Eiffage SA (EPA:FGR). The company's shares received a lot of attention from a substantial...

  • Is It Worth Buying Eiffage SA (EPA:FGR) For Its 2.8% Dividend Yield?
    Simply Wall St.

    Is It Worth Buying Eiffage SA (EPA:FGR) For Its 2.8% Dividend Yield?

    Dividend paying stocks like Eiffage SA (EPA:FGR) tend to be popular with investors, and for good reason - some...

  • Moody's

    Verdun Participations 2 S.A. -- Moody's affirms Verdun Participations 2's Baa3 rating; stable outlook

    Moody's Investors Service ("Moody's") has today affirmed the Baa3 underlying senior secured credit facility ratings of the EUR429.75 million Facility A Agreement with Depfa Bank Plc and Dexia Credit Local, as arrangers, and the EUR143.25 million Facility B Agreement with the European Investment Bank (together "Facilities" or "the Facilities") entered into by Verdun Participations 2 S.A. ("VP2"). The backed senior secured A2 ratings, related to the tranches A1, A2, B1 and B2 of the Facilities, which benefit from a guarantee by Assured Guaranty (Europe) plc ("AGE", Insurance Financial Strength rating A2 stable), are unaffected by this rating action. The rating affirmation recognises the Millau viaduct concessionaire's strong business profile as demonstrated over its more than 14 years operating track record.

  • What Type Of Shareholder Owns Eiffage SA's (EPA:FGR)?
    Simply Wall St.

    What Type Of Shareholder Owns Eiffage SA's (EPA:FGR)?

    A look at the shareholders of Eiffage SA (EPA:FGR) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Com...

  • What Should You Know About Eiffage SA's (EPA:FGR) Long Term Outlook?
    Simply Wall St.

    What Should You Know About Eiffage SA's (EPA:FGR) Long Term Outlook?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The latest earnings update Eiffage SA (EPA:FGR) released in December 2018 revealed that t...

  • Thomson Reuters StreetEvents

    Edited Transcript of FGR.PA earnings conference call or presentation 27-Feb-19 4:40pm GMT

    Full Year 2018 Eiffage SA Earnings Presentation