(News Bulletin 247) – The analysis office confirms its advice to buy the stock and leaves its price target unchanged at €140.

The analyst highlights the solid results for the first half of 2023 and the maintenance of growth objectives.

“The overall results are solid, with a slight overshoot of EBIT, but the overall consensus should not be changed,” said UBS.

The group announced net income group share up 10.7% to 392 million euros for its first half of 2023, but with an operating margin down 0.1 point to 9.7%.

Eiffage also confirmed its outlook for the whole of 2023, including a further increase in its activity and its current operating profit in works and concessions, as well as its net profit group share.

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