Global construction and engineering giant Egis enjoyed strong profitable and balanced growth in 2022, with net group share profits of €48m jumping 21% compared to 2021.

The group’s annual results, announced today, also saw an engineering order intake of €1.5bn, a 31% increase on 2021.

Turnover of €1.48bn rose 27% compared with 2021, including +16% organic growth. 

The operating margin stands at 11.9% compared with 12.4% in 2021, a slight decline resulting from the substantial investments made by the Group during 2022, in particular in cybersecurity, rail operation and maintenance, or the development of activities in new markets including the UK.

Eight new acquisitions concluded in 2022 also saw a 20% increase in the number of new employees worldwide, with a higher proportion of business abroad at 65% compared to 62% in 2021.

Laurent Germain, chief executive officer of Egis, said: “I would like to thank all the men and women of Egis for their commitment during this year. These excellent results validate the relevance of Egis' strategic orientations, through our ‘Impact the future’ plan. 

“Our 2022 order intake illustrates our ability to win very large projects in a wide range of areas, as well as the unstinting technical dedication of our teams, which further reinforces our clients’ trust in us. 

“We will pursue this growth strategy in 2023 to deliver on our ambitions and continue the exceptional trajectory we have achieved over the last two years, with the aim of becoming one of the world's top 10 engineering companies.”

Olivier Gouirand, chief financial and strategy officer at Egis, said: “The Egis group can rely on some excellent fundamentals. Growth is driven in equal measure by Engineering and Operation & Maintenance, where both areas grew by 27%. Our growth is mainly organic, with growth excluding acquisitions standing at +16% between 2021 and 2022.”

On the strength of its order book, Egis anticipates a new year of profitable growth in 2023, forecasting €1.8bn in turnover, and with prospects for growth in strategic disciplines such as nuclear, renewable energy and in fast-developing geographical zones such as North America and the Middle East.