Bouygues plans to expand in US, Germany and northern Europe. September 2, 2026 at 3:25 AM PDT French construction and telecommunication company Bouygues SA plans to expand business in the US, Germany and northern Europe amid sluggish economic growth in its home market. "We would like to grow in the US because it's a very dynamic market, a rich market, a very profitable market," Chief Executive Officer Olivier Roussat said on Bloomberg TV Wednesday. Bouygues also wants to expand business in northern European countries and in Germany, even if "it's not so easy" to buy companies there.

StreetAccount summary - EU market recap: FTSE 100 (0.10%) to 10833.15, DAX (0.23%) to 26331.07, CAC40 (0.46%) to 8674.94, STOXX 600 (0.16%) to 659.48. Aug 12 ,2026 * Synopsis: * European indices ended in negative territory. Markets cautious amid doubts over claims that deal on Strait of Hormuz is close. President Trump countered Iran's Hormuz-reopening conditions with demands for compensation over past conflict deaths, dimming near-term deal prospects. Iran maintaining its hardline position that Strait will not reopen until its expanded list of demands are met. Two sides locked in standoff with US military firing on cargo ship attempting to make a run past naval blockade. Tensions elevated elsewhere after Houthis struck commercial vessels in Red Sea. According to tracking data, fewer ships have been transiting Bab el-Mandeb and Hormuz straits in recent days * Big macro focus on US inflation print: July core CPI in line on both m/m and y/y basis. Core services higher, driven by another 0.1 pp increase in shelter (or around two-thirds of overall increase), jump in airfares. Core goods up 0.2 pp, reversing last month's 0.1% contraction as new and used vehicles, apparel turned positive. Following print, policy-sensitive 2Y yield little changed, suggesting little change in Fed rate pricing * Limited macro updates of note in Europe: final German CPI unchanged from flash, Italian reading revised up a fraction. Bank of France said economy will maintain growth momentum in current quarter, with GDP seen rising 0.2% in three months through to September, based on monthly poll of businesses. German press said Berlin anticipating government could lose its AAA credit rating. On of the UK's largest real estate developers Bellway has called on UK government to bring back Help to Buy and cut stamp duty to stimulate subdued housing market * On the earnings front, E.ON (EOAN.GR) posted a slight beat on good performance in industrial business, whilst TUI Group (TUI1.GR) missed due to Iran war and impact of high fuel costs; Brenntag (BNR.GR), Hannover Re (HNR1.GR) and K+S AG (SDF.GR) also reported. In Denmark, Vestas Wind Systems (VWS.DC) posted a Q2 beat and raised FY EBIT margin guidance along on top of a new share buyback. Demant (DEMANT.DC) and Matas (MATAS.DC) updated investors as well. Out of the UK, Balfour Beatty (BBY.LN) released a strong H1 update y/y and increased FY guidance; elsewhere, ABN AMRO Bank (ABN.NA) beat Q2 estimates * In M&A news; Kingspan Group (KRX.ID) announced the agreement to acquire 100% of BMC Manufacturing Group and FTC granted a antitrust clearance for Bouygues SA's (EN.FP) purchase of Suit-Kote Corp * Digest: * Sectors - STOXX Europe 600: * Outperformers: Telecom +0.90%, Travel & Leisure +0.57%, Ind Goods & Svcs +0.55%, Banks +0.46%, Insurance +0.36%, Basic Resources +0.32%, Oil & Gas +0.30%, Construct & Mtls +0.24%, Real Estate +0.22%, Media (0.03%), Utilities (0.12%) * Underperformers: Persnl & HHold Goods (1.87%), Health Care (1.19%), Autos & Parts (1.11%), Food & Beverage (1.06%), Retail (1.04%), Technology (0.73%), Chemicals (0.54%), Financial Svcs (0.17%) * Macro: * Norway's Sovereign Wealth Fund CEO Eyes Future Risks (BBG) * Low Rhine levels disrupting German industry (Reuters) * France swelters in new heatwave as water restrictions tighten (EN) * Extreme weather, jellyfish knock one-fifth of France's nuclear capacity offline (F24) * Swiss Bankers Face Mandatory Bonus Deferral Under Reform (BBG) * Morocco accuses Spain of assaulting migrants crossing into Ceuta and claims sovereignty over enclave (EN) * Ukraine pounds grain terminals at Russia's Black Sea Novorossiysk port (Reuters) * Company news: * Notable Gainers * +23.2% FNM.SS (Ferronordic SEK84.00, +15.80) - Q2 earnings * +19.7% VWS.DC (Vestas Wind Systems DKK211.80, +34.80) - Q2 earnings * +15.6% OCDO.LN (Ocado Group £2.55, +0.34) * +9.6% NOKIA.FH (Nokia €9.01, +0.79) - read-across from Lumentum (LITE) and CoreWeave (CRWV) earnings * +7.0% BBY.LN (Balfour Beatty £9.27, +0.61) - H1 earnings * +6.6% KRX.ID (Kingspan Group €102.70, +6.40) - acquisition of BMC Manufacturing Group * +5.7% EAH.LN (Eco Animal Health Group £1.03, +0.05) - exclusive in-licensing agreement with Vaxinano for sheep vaccine candidate * +5.2% JEN.GR (Jenoptik €41.28, +2.04) - Q2 earnings * +5.1% VBSN.SW (IVF Hartmann Holding CHF134.00, +6.50) - H1 earnings * +5.0% ABN.NA (ABN AMRO Bank €41.79, +1.99) - Q2 earnings * +2.3% SDF.GR (K+S AG €14.83, +0.33) - Q2 earnings * +2.2% GSC1.GR (GESCO SE €13.75, +0.30) - H1 earnings * +1.8% ALMA.FH (Alma Media €13.80, +0.25) - Q2 earnings * +1.3% INH.GR (INDUS Holding €30.70, +0.40) - H1 earnings * +1.1% HAYPP.SS (Haypp Group SEK141.60, +1.60) - reports Q2 EPS SEK0.00 vs FactSet SEK0.50 [2 est, SEK0.31-0.70] * +0.8% NMAN.SS (Nederman Holding SEK132.80, +1.00) - initiated buy at Sparebank 1 Markets * +0.8% JEN.BB (Jensen-Group €72.80, +0.60) - increases 100% of Inwatec ApS * +0.5% CBK.GR (Commerzbank €39.38, +0.18) - ECB leaning towards approving UniCredit's Commerzbank bid - Reuters, citing document * Notable Decliners * -26.5% CTM.SS (Catena Media SEK2.94, -1.06) - Q2 earnings * -9.0% G5EN.SS (G5 Entertainment SEK62.60, -6.20) - Q2 earnings * -7.5% BORR.NO (Borr Drilling NOK36.50, -2.97) - Q2 earnings * -6.5% SHUR.BB (Shurgard Self Storage €23.85, -1.65) - H1 earnings * -5.6% KAMUX.FH (Kamux €1.52, -0.09) - Q2 earnings * -5.4% GBF.GR (Bilfinger €76.00, -4.35) - Q2 earnings * -5.0% MATAS.DC (Matas DKK86.70, -4.60) - Q1 earnings; launches DKK100M share buy-back program * -5.0% RAIVV.FH (Raisio €2.47, -0.13) - Q2 earnings * -4.9% COK.GR (CANCOM €21.45, -1.10) * -4.1% AFX.GR (Carl Zeiss Meditec €29.82, -1.26) * -3.9% CLI.LN (CLS Holdings £0.47, -0.02) - H1 earnings * -3.8% BC8.GR (Bechtle €34.64, -1.36) - final Q2/H1 earnings * -3.7% ATYM.LN (Atalaya Mining £9.58, -0.37) - holder Trafigura places 16.8M shares at 915p/sh * -3.0% HAW.GR (Hawesko Holding €17.85, -0.55) - H1 earnings; lowers FY guidance * -2.7% MZX.GR (Masterflex €14.30, -0.40) - H1 earnings * -2.7% SEE.LN (Seeing Machines £0.05, -0.00) - contract * -1.8% GLA1V.FH (Glaston €1.09, -0.02) - Q2 earnings * -0.9% PNDORA.DC (Pandora DKK771.40, -7.20) - reports Q2 net income DKK875M vs consensus DKK634M; upgrades FY26 guidance * EU companies reporting tomorrow: * Austria: Semperit Holding (SEM.AV), Addiko Bank (ADKO.AV), Polytec Holding (PYT.AV) * Benelux: Adyen (ADYEN.NA), Fastned (FAST.NA), Sipef (SIP.BB) * Denmark: Ørsted (ORSTED.DC), Maersk (MAERSK.B.DC), Pandora (PNDORA.DC), Zealand Pharma (ZEAL.DC), Netcompany Group (NETC.DC), D/S Norden (DNORD.DC), Solar (SOLAR.B.DC) * Finland: Mandatum (MANTA.FH), Lumo Homes (LUMO.FH), Oma Savings Bank (OMASP.FH), Marimekko (MEKKO.FH), Relais Group (RELAIS.FH), Koskisen (KOSKI.FH) * France: Valneva (VLA.FP) * Germany: Hapag-Lloyd (HLAG.GR), thyssenKrupp (TKA.GR), Ottobock (OBCK.GR), Stroeer (SAX.GR), Sixt (SIX2.GR), MVV Energie (MVV1.GR), SMA Solar Technology (S92.GR), Hamburger Hafen und Logistik (HHFA.GR), Wacker Neuson (WAC.GR), Deutsche EuroShop (DEQ.GR), Friedrich Vorwerk Group (VH2.GR), secunet Security Networks (YSN.GR), MBB (MBB.GR), Vincorion (V1NC.GR), JOST Werke (JST.GR), Eckert & Ziegler (EUZ.GR), MLP (MLP.GR), PNE (PNE3.GR), CEWE (CWC.GR), GRENKE (GLJ.GR), HelloFresh (HFG.GR), init innovation in traffic systems (IXX.GR), ProCredit Holding (PCZ.GR), EnergieKontor (EKT.GR), Deutsche Pfandbriefbank (PBB.GR), OVB Holding (O4B.GR), Aumann (AAG.GR), Fabasoft (FAA.GR), Global Fashion Group (GFG.GR), Voltabox (VOTR.GR), DEMIRE Deutsche Mittelstand Real Estate (DMRE.GR), Mister Spex (MRX.GR), Moberg Pharma (MB8.GR), Delticom (DEX.GR), Cherry (C3RY.GR) * Norway: DNO (DNO.NO), SpareBank 1 Nord-Norge (NONG.NO), AutoStore Holdings (AUTO.NO), SpareBank 1 SMN (MING.NO), Sparebank 1 Ostlandet (SPOL.NO), Pexip Holding (PEXIP.NO), Sparebanken Møre (MORG.NO), Axactor (ACR.NO), Archer (ARCH.NO), NRC Group (NRC.NO), Tekna Holding (TEKNA.NO) * Other: Turkcell (TCELL.E.TI), Amaroq (AMRQ.IR) * Southern Europe: Obrascon Huarte Lain (OHLA.SM), Multitude (FRU.MIL.IM) * Sweden: Embracer Group (EMBRAC.B.SS), RaySearch Laboratories (RAY.B.SS), Tången Industrikapital (TANGEN.B.SS), Novotek (NTEK.B.SS), Vivesto (VIVE.SS) * Switzerland: Swissquote Group Holding (SQN.SW), Montana Aerospace (AERO.SW), Kuros Biosciences (KURN.SW), Glarner Kantonalbank (GLKBN.SW), Komax Holding (KOMN.SW), PolyPeptide Group (PPGN.SW) * UK: Antofagasta (ANTO.LN), Entain (ENT.LN), Savills (SVS.LN), Costain Group (COST.LN), Rank Group (RNK.LN), PensionBee Group (PBEE.LN), Secure Trust Bank (STB.LN) * Macro-data expected tomorrow: * Eurozone Jun industrial production, UK Q2 preliminary GDP, Jul house price balance - RICS, monthly GDP tracker - NIESR, Jun industrial/manufacturing production, trade balance, construction output, Switzerland Jul PPI, Spain Jul final CPI, Ireland Jul CPI * Data: * Economics: * Germany Jul CPI +2.8% y/y vs preliminary +2.8%; +0.8% m/m vs preliminary +0.8% * Italy Jul CPI +2.9% y/y vs preliminary +2.8%; +0.3% m/m vs preliminary +0.2% * Markets: * WTI Crude (Sep 26): +$0.00 or +0.00% to $83.20 * €-$ (0.0002) or (0.02%) to 1.1542 * £-$ +0.0000 or +0.00% to 1.3508 * €-£ (0.0000) to 0.8544 * S&P 500 +0.13% * Performance year-to-date * FTSE 100: +9.08% * DAX: +7.52% * CAC: +6.45% * MIB: +19.48% * Stoxx 600: +11.36%