The analyst firm confirms its Buy recommendation on the share and leaves its price target unchanged at E140.

The analyst highlights the solid results for the first half of 2023 and the maintenance of growth targets.

' Overall results are solid, with a slight EBIT overshoot, but the global consensus is unlikely to be altered' says UBS.

The group announced a 10.7% increase in net income, group share, to €392 million for its first half of 2023, but with an operating margin down 0.1 points to 9.7%.

Eiffage also confirmed its outlook for 2023 as a whole, including a further increase in sales and recurring operating income in works and concessions, as well as in net income, group share.

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