The increase in consolidated sales is 1% like-for-like and at constant exchange rates. Net profit attributable to the group stood at 鈧�794m. The -鈧�129m decrease in net profit compared with the first nine months of 2010 was mainly due to a lower contribution from Alstom.聽 聽
The construction businesses improved profitability.聽 聽The order intake for the third quarter of 2011 remained buoyant and the order 聽book remained at a high level.聽 Bouygues Construction聽 posted a 4% increase in sales to聽 鈧�7,086m, with increases of 3% in France and 6% on international markets. The operating margin stood at 3.8. Net profit rose 11% to 鈧�159m.聽 Order intake was 鈧�8.3bn over the first nine months of 2011 and the order book of 鈧�15.3bn was up 7% compared with the end of September 2010.
Bouygues Immobilier reported a 12% decline in sales to 鈧�1,548m, down 1% in residential property and 聽down 52% in commercial property). The pick-up in residential property was confirmed with a third-quarter rise in sales of 11%, 聽compared with 2% in the second quarter and a fall of 14% in the first quarter of 2011. The operating margin was firm at 8.2% and 聽net profit amounted to 鈧�78m.聽 聽After a record 2010, residential property reservations remained at a high level and reached 鈧�1,530m with third-quarter 2011 growth of 12%. Overall reservations grew 8% to 鈧�1,868m in the聽 first nine 聽months of 2011. The order book was up 20% on the end of September 2010 to 鈧�2.6bn.聽 聽
Colas recorded a 4% rise in sales to 鈧�9,168m, up 9% in France and down 1% on international markets. 聽Current operating profit came to 鈧�274m - up 17% - and 聽the current operating margin to 3%. While operating profit聽 increased 31% to 鈧�274m, net 聽profit advanced 33% to 鈧�209m.聽 聽The order book 聽was up 2% compared with the end of September 2010. 聽
Alstom's contribution to Bouygues' net profit came to 鈧�134m in the first聽 nine months of 2011, compared with 鈧�239m for the first nine months of 2010. In聽 third quarter 2011, it improved聽 鈧�17m to a total of 鈧�40m. Order intake grew 45% in the first half of 聽the 2011/12 financial year to 鈧�10.2bn. Alstom confirmed its operating margin target of between 7% and 8% for 聽the financial year 2011/12.聽聽
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