Bouygues Construction Wins Phase 2 of Yopougon University Hospital for €95 Million
SETAO, a subsidiary of Bouygues Construction, has been mandated by Côte d'Ivoire's Ministry of Health, Public Hygiene and Universal Health Coverage to continue the rehabilitation of Yopougon University Hospital Center in Abidjan. The second phase of this project commenced in July 2026.
A Project Entrusted to the Group's Ivorian Subsidiary
The contract covers the restructuring, rehabilitation and equipping of Yopougon University Hospital Center, in western Abidjan. The works have been divided into two phases. The first, carried out in 2023 by SETAO, enabled the renovation of operating theatres, emergency departments, the intensive care unit and part of the patient rooms.
The second phase, which began in July 2026, must complete the hospital's restructuring: additional operating theatres, pharmacy, laboratories, consultation rooms, kitchens and all remaining patient rooms.
€95 Million over 21 Months
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This second phase represents an amount of €95 million, over a period of 21 months. The project will take place on an occupied site, which requires strict separation of construction and care workflows.
Anticipated handovers are planned for priority installations: medical imaging facilities and patient rooms.
509 Beds and 12 Operating Theatres at Completion
Upon completion, the facility will have a capacity of 509 beds and its technical platform will expand from 6 to 12 operating theatres. It will be equipped with an MRI machine, two scanners and 12 ultrasound machines, in addition to the equipment installed during the first phase.
Bouygues Construction had contributed to the construction of Yopougon University Hospital Center, which was inaugurated in 1990. According to Philippe Jouy, Deputy Chief Executive Officer of Bouygues Construction in charge of Bouygues Bâtiment International, this project illustrates "the ability to conduct complex hospital projects, with the level of demand, reliability and quality that these essential infrastructures require".
SectorConstruction et infrastructures›BTP / infrastructures
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Context
Period
Period: 9M 2026
Key reported figures
Revenue: 41 635 millions d'euros
Quarterly revenue: 41 635 millions d'euros
Revenue growth: -0,5 %
EBITDA: 3 258 millions d'euros
EBITDA margin: 7,8 %
Net income: 306 millions d'euros
Free cash flow: 1 333 millions d'euros
5 599 millions d'euros
Guidance from the release
« ROCA annuel du Groupe désormais attendu en légère hausse » ; « Précédemment, le Groupe visait un maintien du ROCA à un niveau historiquement élevé »
Risks mentioned
Dégradation du marché de la publicité linéaire chez TF1, restant sous forte pression
Tensions sur le marché immobilier impactant Bouygues Immobilier
Environnement macro-économique et politique demeurant instable
Opportunities identified
Très forte amélioration du ROCA d'Equans portée par une marge à 5,5% (+1,4 pt)
Carnets de commandes à niveaux historiquement élevés (27,7 Md€ Equans, 32,5 Md€ Construction)
Amélioration significative de l'endettement financier net (-2 Md€ sur un an à 5,6 Md€)
Outlook / guidance
Management commentary: « Le Groupe vise pour 2026 : une stabilité du chiffre d'affaires à taux de change constants »
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.