Bouygues says 9-month profit jumped 20%

French building-to-broadcasting conglomerate Bouygues slightly lifted its full-year guidance after reporting a 20% jump in 9-month net profit, boosted by telecoms, an Associated Press report said.

The Associated Press report said Bouygues now expects sales of 29.25 billion euros ($43 billion) in 2007, up from 29 billion euros ($42.4 billion) forecast previously.

Net profit in the nine months reached 1.11 billion euros ($1.64 billion), up from 923 million euros a year earlier and slightly above analyst forecasts, the report said.

Bouygues said its increased shareholding in transport and engineering group Alstom, to 30.07% from 25.35% in June, had a negative impact of 70 million euros ($103 million) on the 9-month figure.

Bouygues Telecom, France's third-largest mobile phone operator, posted 40% growth in current operating profit, to 694 million euros ($1.02 billion), the report further said.

The telecom unit last week announced its 9 millionth customer.

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