Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Colas
  6. News
  7. Summary
    RE   FR0000121634


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Colas : Refurbishing the runway at Luxembourg Airport

07/12/2021 | 11:47am EDT

The project involves the complete rehabilitation of the airport's only runway, an infrastructure that plays an essential role in the country's economy.

The 4,000-meter-long, 60-meter-wide runway had not been fully renovated since 1984. The work includes structural reinforcement of the shoulders, a new drainage system and replacement of existing lights with 1,500 LEDs, which will save energy and reduce CO2 emissions.

Teams from Colas, Felix Giorgetti SàRL and C. Karp-Kneip Constructions SA are performing the earthworks, asphalt paving, drainage, utilities networks, marking, etc. JDC Airports SA is in charge of the aeronautical ground light system.

In order to limit the project's impact on regular air traffic, the work is being carried out mainly at night, between 11 p.m. and 6 a.m. This is a real challenge for the teams: every morning they have to hand the runway over to the customer in perfect operating condition, so that air traffic can start back up safely.

Spread over two April-to-October stages, the work is slated to last until the end of 2022. In all, more than 300 people will be mobilized at the peak of the project.

'Backed by a dynamic partnership with lux-Airport and an integrated consortium of experienced companies, the project will allow Luxembourg to benefit from the fully refurbished runway that the country needs, in a very short amount of time,' underlines Stéphane Brondino, Project Manager for Colas Projects and spokesperson for SOMO Findel Airport Consortium.


Colas SA published this content on 12 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2021 15:46:08 UTC.

© Publicnow 2021
All news about COLAS
10/19CBO TERRITORIA : To Start Construction Of Shopping Center In French Overseas Territory
10/15Powell still favorite for Fed reinstatement but investors examine alternatives
10/14COLAS : The Cher Département rolls out ANAIS, a Colas solution designed to improve road sa..
10/13MARK MILLER : Column-How a historic Social Security hike will affect Americans
10/13COLAS : PR Colas - The Cher Département rolls out ANAIS, a Colas solution designed to impr..
10/12PARSONS : Awarded Place on $249 Million Ceiling Naval Facilities Modernization Contract
10/08Global energy prices surge amid supply crunch
10/05Big Tech roars on Wall Street
10/04COLAS : PR Colas - Safety Week
10/04COLAS : CP Colas - Safety Week
More news
Analyst Recommendations on COLAS
More recommendations
Sales 2020 12 297 M 14 297 M 14 297 M
Net income 2020 94,0 M 109 M 109 M
Net Debt 2020 438 M 509 M 509 M
P/E ratio 2020 42,9x
Yield 2020 2,35%
Capitalization 4 340 M 5 054 M 5 046 M
EV / Sales 2019 0,39x
EV / Sales 2020 0,36x
Nbr of Employees 59 397
Free-Float 2,43%
Duration : Period :
Colas Technical Analysis Chart | RE | FR0000121634 | MarketScreener
Technical analysis trends COLAS
Short TermMid-TermLong Term
Income Statement Evolution
Managers and Directors
Frédéric Gardès Chairman & Chief Executive Officer
Emmanuel Rollin Chief Compliance Officer & General Counsel
Colette Lewiner Independent Director
Catherine Ronge Independent Director
Stéphanie Rivoal Independent Director
Sector and Competitors