COLAS (EPA:RE) - Colas - Combined Annual and Extraordinary Shareholder's Meeting April 14, 2015

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14/04/2015 17:55

Boulogne, April 14, 2015

COMBINED ANNUAL AND EXTRAORDINARY SHAREHOLDERS' MEETING APRIL 14, 2015

At the Combined Annual and Extraordinary Shareholders' Meeting held on April 14,
2015 and chaired by Mr. Hervé Le Bouc, the Shareholders of Colas approved all
resolutions put to vote.

Key figures 2014

Consolidated revenue for fiscal 2014 amounted to 12.4 billion euros, down 3.5%
from revenue posted in fiscal 2013(1). In Mainland France, the Group's road
subsidiaries and specialized activities, excluding Railways, experienced a
downward trend (respectively -13% and -9%), which was sharply offset by buoyant
business in the road business in the International units and French overseas
departments (+5%), as well as in Railways (+ 18%). Current operating income
totaled 332 million euros, down 58 million euros from 2013(1), due to the drop
in the road business in Mainland France, and above all, sharp losses recorded in
the refining business by subsidiary SRD.
Net profit attributable to the Group, including after tax capital gains from the
disposal of shares in Cofiroute for 385 million euros, amounted to 604 million
euros (312 million euros in 2013(1)).
Net cash at 682 million euros (31 million euros at the end of December 2013(1))
benefitted from proceeds from the disposal of Cofiroute shares.

Net profit for the parent company Colas amounted to 826 million euros (including
an after tax capital gain on the disposal of Cofiroute shares of 764 million
euros) to be compared to 170 million euros in 2013 (including a 50-million euro
Cofiroute dividend).

(1) All figures as of December 31, 2013 have been restated following the change
in consolidation method on Jan uary 1, 2014 (application of IFRS 11) to ensure
comparability with figures as of December 31, 2014.

Dividend: EUR15.40 per share

A dividend of 15.40 euros per share will be paid out in cash as of April 29,
2015 as follows: ex-dividend date - April 27, 2015, record date - April 28, 2015
and payment date - April 29, 2015. The dividend comprises an ordinary dividend
at 4 euros (representing 60% of net profit attributable to the Group excluding
the capital gain from the disposal of Cofiroute shares) and an extraordinary
dividend which corresponds to the distribution of roughly half of the cash
generated by the disposal of the stake in Cofiroute. Last year, a dividend of
7.26 euros per share was paid out.

Board of Directors: approval of the appointment of a Director

The appointment to the Board of Directors of Ms. Catherine Ronge, coopted
during the August 27, 2014 Board Meeting, was approved. Following her
appointment, the Board of Directors of Colas now includes three independent
Directors and three female Directors out of a total of eight Directors.
Therefore, the Board of Directors of Colas is in full compliance with the
Afep-Medef code and French law dated January 27, 2011.

For further information: Ms. Delphine Lombard - tel. + 33 1 47 61 76 17 -
delphine.lombard@colas.com

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COLAS (EPA:RE) - Colas - Combined Annual and Extraordinary Shareholder's Meeting April 14, 2015

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