Equans continues to roll out its strategic Plan. For 2026, Equans is targeting:
- stable sales versus 2025, at constant exchange rates;
- a margin from activities of 5%, a year ahead of the targets set at the 2023 Capital Markets Day (CMD);
- a cash conversion rate (COPA-to-cash flow1) before working capital requirement (WCR) of between 80% and 100%.
Equans will hold another CMD at end-2026.
About Equans Group
A subsidiary of the Bouygues group, Equans is a global leader in the energy and services sector, operating in 20 countries, with 83,000 employees across five continents, and €18.7bn in revenue in 2025.
Equans designs, installs and delivers tailored solutions to enhance its clients’ equipment, systems and technical processes and optimise their use as part of their energy, industrial and digital transitions. With a strong local footprint built on its historic brands and leading technical expertise, Equans’ highly qualified experts support regions, cities, industries and buildings across HVAC (heating, ventilation and air conditioning), refrigeration and fire safety, facilities management, digital and ICT, electrical, mechanical and robotics services. Equans is the market leader across key European markets (France, Switzerland, Belgium, the Netherlands and the UK) and also has a strong presence in the United States and Latin America.