Annual Report 2004
����
Annual Report 2004
02
profile
key figures
The Freyssinet Group, world leader in specialised engineering
and a subsidiary of VINCI - world leader in concessions,
construction and related services -, works on the construction and
inprovement of structures and soils. In 2004, Freyssinet recorded a
turnover of 460 million euro and after-tax net profits of 8 million euro,
corresponding to a net margin of 4,1%. With 3,178 employees
working at approximately sixty bases in 60 countries across
all five continents, the Group has a global organisation based
on its two main activities - Soils and Structures - and into geographical
divisions, which give it both worldwide expertise and strong local ties.
The Group offers unequalled know-how in all of its activities, thanks to
its active research and development policy.
table of contentsmessage from the CEO p3 / sustainability p4 / structures p6 / soils p14 / financial information p20 / bases p22
CHAIRMANAND CEOBruno Dupety
DEPUTY GENERALMANAGERJérôme Stubler
FINANCE ANDADMINISTRATIONMANAGERYann Grolimund
HUMAN RESOURCESAND COMMUNICATIONSMANAGER Claude Lascols
OPERATIONALMANAGERS
France DivisionPhilippe Zanker
Iberian-American DivisionJorge Moreno
Soils DivisionPhilippe Héry
Structures DivisionJérôme Stubler
United Kingdom/Northern Europe DivisionPatrick Nagle
North America DivisionRoger Bloomfield
Asia-Pacific DivisionBruno Dupety
engineers and executives 15,3 %
technicians 35,7 %
workers and employees 49 %
France 512
Iberian-American 382
UK and Northern Europe 216
Structures 408
Soils 275
Asia-Pacific 1 195
North America
France16%
Iberian-American16%
North America12%
Structures14%
Freyssinet63%
Soils13%
MénardSoltraitement
10%
Reinforced Earth27%
Asia-Pacific20%
UK and Northern Europe9%
190
workforce by job
workforce by division
breakdown of turnover by division
breakdown of turnover by activity
Structures
Soils
An
nu
al re
po
rt 2
004
03
message from the Chairman
With the targets set achie-
ved and even exceeded,
2004 brought confirmation
of Freyssinet’s recovery.
Based on constant exchan-
ge rate terms, global operations rose 11% to
460 million euro (consolidated turnover).
After-tax net profits totalled 8 million euro,
corresponding to a net margin of 4.1%. For
the first time in its history, Freyssinet achieved
a positive cash flow of over 15 million euro.
All of this is satisfactory and is down to the
hard work of the Group’s men and women
throughout the world, both individually and
collectively. Progress was made by most
French and foreign subsidiaries.
In 2004, we worked on approximately 6,000
projects in the fields of structures and soils
under our Freyssinet, Ménard Soltraitement
and Reinforced Earth brands. The prestigious
Millau and Rion Antirion projects were delive-
red successfully by our specialist stay cable
teams. We acquired new skills in the fields of
nuclear radiation protection with Salvarem,
and we honed our expertise in cable lifting
and the autoripage bridge slide method
with Hebetec and JMB Méthodes. We
handled new orders worth in the region of
475 million euro.
As a result, we are starting 2005 with a good
quality repeat order book worth 320 million
euro, up 8% on the start of last year. Our mar-
kets are on the up, which augurs well for the
success of our 4-5-6 plan. The 2005 target is
a net margin of 5%. To achieve this, we will
be continuing this progress trend by working
on the plan’s five key areas: techniques and
products ; commercial and marketing ; pro-
duction, sites, costs ; management, human
resources and organisation ; resources and
means. We have to remain vigilant, focused
and careful. I am resolutely confident, since
together we form an extremely fine commu-
nity of companies.
Bruno DupetyChairman - Chief Executive Officer
04
sustainabilitySupporting
environmental results
Of the environmental initiatives taken by the
Freyssinet Group in 2004, one of the most suc-
cessful was the one launched by the PPC plant
in Chalon-sur-Saône (Saône-et-Loire). ISO 9001:
V2000 certified, PPC manufactures and sells
structural fittings as well as parts for stay cable
anchoring and prestressing.
Analyses carried out in 2003 to evaluate the
environmental impact of activities performed on
the site led to the creation and application of
an annual environmental risk prevention plan
in 2004.
One result was that external partnerships were
forged with companies specialising in handling
industrial waste.
social responsibility
To promote progress worldwide, Freyssinet not only
strives for economic performance, but also applies
an active staff recruitment and training policy.
recruitment. In 2004, the workforce grew by
approximately one hundred, rising from 2,991
employees in 2003 to 3,178.
At the same time, Freyssinet stepped up its
efforts to attract young people to the company.
This was demonstrated during the year by atten-
ding a number of forums and fairs, and by spon-
soring several events.
training. Freyssinet spends over 3% of its wage
bill on training activities, thereby proving its conti-
Due to the fact that it is decentralised, the Freyssinet Group
combines the advantages of strong local ties, close proximity
to clients and markets and economical, environmental and social
results. In the context of sustainability, Freyssinet launched
the 4-5-6 plan to promote the culture of profitability within
the company on a global scale by involving all employees (sites,
management, human resources, communications, etc.).
1 The Group
attended a number
of recruitment forums
and fairs during
the previous year.
1
An
nu
al
rep
ort
20
04
05
su
sta
inab
ility
nued commitment to improving its employees’
working conditions and performance. During the
past year, 15,412 hours of internal training were
provided to 1,532 employees throughout the
world, a 30% increase on 2003. Approximately
80 trainees from all over France received 1,890
hours of internal training (compared with 1,820
hours for 58 trainees in 2003) at the Group’s trai-
ning centre (named Eugène-Freyssinet) in
Perray-en-Yvelines (France). This centre plans to
organise internal training for international subsi-
diaries in 2005. In the UK, Freyssinet Ltd created
a new internal training system based on voluntary
mutual assistance among employees. In addi-
tion, external organisations provided 13,404
hours of theoretical and practical training.
safety. At the beginning of 2004, the Vigiroute
plan, devised by the VINCI Eurovia subsidiary,
was adapted by the Group and applied throu-
ghout France. This proposal was designed to
prevent road risks and promote good driving by
increasing the awareness and sense of responsi-
bility of all employees. On another front, the
Major Projects Department of Freyssinet and
Freyssinet France implemented the «non-nego-
tiable» policy at their sites, completing a series of
strict minimum safety procedures that must be
followed.
In terms of risk prevention, each training module
now systematically includes half a day on safety
at the sites. These initiatives have proved to be
successful. By the end of the year, the incidence
rate for work-related accidents fell to 25.3 (com-
pared with 38.2 in 2003), and the severity rate fell
to 0.7 (from 1 in 2003).
quality. Like safety, quality is one of the Group’s
top priorities. In February 2004, the ISO
9001:V2000 certifications for the Freyssinet
branches in the Ile-de-France and Rhône-Alpes
regions were renewed. In December, the BVQI
(Bureau Veritas Quality International) gave the
same certificate to Freyssinet’s Technical
Department for a three-year period, in recogni-
tion of the quality of its work and methods.
sharing of expertise. In 2004, the Group’s
intranet site, which links employees throughout
the world, demonstrated what an outstanding
tool it is in terms of promoting exchanges. The
number of connections to this resource were up
significantly and several new sections were
added. The Group was also active on external
fronts. Three conferences on high-performance
stay cable systems were attended by global
experts in Hong Kong, Tokyo and Washington.
innovation
Each year, the Group devotes significant
resources to innovation, which is at the heart of
its activities in all sectors, and spends a signifi-
cant portion of its turnover (1.5%) on research
and development. In the field of structures, we
must mention the completion of the H1000 stay
cable system, designed for small structures and
already used on several footbridges throughout
the world, and the successful launch of the
Freyssibar prestressing bar, which was used for
the first time in August 2004 on a structure for
the Cantabrique motorway in Spain. Major achie-
vements in the field of repairs included the enlar-
gement of the range of composite strengthening
devices to include carbon fibre braids and rods,
and Kevlar fibre fabric (TFK).
In soils, 2004 was marked by the development of
Data, a new design and calculation software for
Reinforced Earth structures, enabling designers
to obtain plans and measurements for TerraClass
structures rapidly and accurately. Lastly, at a
large site in the Emirate of Abu Dhabi, Ménard
Soltraitement developed the Mars system
(Menard Automatic Release System), an automa-
tic mass release procedure which optimises
ground compaction effectiveness by eliminating
energy loss caused by braking or friction. In addi-
tion, to consolidate a platform in Bourgoin-Jallieu
in Isère (France), the company used a new tech-
nique involving hard inclusions topped with bal-
lasted columns known as bi-modulus columns
(BMC).
2 To promote
the benefits of its
high-performance
stay cable systems
and attract the attention
of actors in the field,
Freyssinet organised
three conferences
throughout the world
in 2004.
3 The Vigiroute Plan,
launched at the beginning
of 2004 and applied by
all Freyssinet France
employees, encourages
good driving.
3
2
structures63 % of turnover
The Valladolid Science
Museum footbridge
(Spain)
Representing 63% of the sales volume in 2004 construction,
repair and maintenance of structures remained very active
this year. Although Freyssinet worked in every field, several
large-scale projects in particular put stay cables in
the spotlight: the Charilaos Trikoupis Bridge in Greece,
the Millau Viaduct in France and the second bridge over
the Panama Canal.
06
link being built between Liège and the German
border. The Sioule Viaduct, built by Sogea on the
new motorway between Clermont-Ferrand and
Bordeaux, was the largest prestressing contract
for Freyssinet France. This structure rises to a
height of 150 m and includes 1,200 tonnes of
prestressing. In the United Arab Emirates, where
the pace of construction of road infrastructures
remained steady, Freyssinet installed 1,100
tonnes of prestressing elements on the Third
Crossing Bridge in Dubai. In Mexico, the compa-
ny installed external and internal prestressing for
the El Cajón and Neverias Bridges, respectively
located on the Durango-Mazatlán motorway and
in Santa María del Oro (Nayarit State). In
Venezuela, the Spanish subsidiary Freyssinet SA
began installation of prestressing for the pylons
and V pier (247 tonnes of steel) for the cable-
stayed bridge over the River Orinoco near
Ciudad Guayana.
Sioule Viaduct:
prestressing gains
new heights
An
nu
al
rep
ort
20
04
07
prestressing
Following on from the previous year, prestressing
was performed on a number of noteworthy sites
in 2004, confirming the growing popularity of this
technique for designing and constructing
building floors, particularly in the UK, Spain and
the Middle East.
STRUCTURES
Opened in July 2004, the Valladolid Science
Museum footbridge in Spain is a shining example
of Freyssinet’s know-how and expertise in exter-
nal prestressing. Inspired by fish baskets, the
metal structure of the bridge, which is hexagonal,
provides double prestressing, longitudinally and
transversally, using Cohestrand strands subjec-
ted to 90 deviations. Further north in the Iberian
Peninsula, Freyssinet supplied the first prestres-
sing bars (736) of its new Freyssibar line. These
bars were used to secure the precast abutments
of an 848 metre-long motorway viaduct deck
under construction near to Saint-Sébastien. In
the UK, 185 tonnes of steel were used in the
same manner on the CTRL 342 Bridge comple-
ted in September and, in Belgium, 650 prestres-
sing bars and 1,200 tonnes of cables supplied by
Freyssinet Belgium will be installed by May 2005
on four viaducts along the high-speed railway
str
uctu
res
1 The cables of the
Valladolid Science
Museum footbridge
(Spain) serve both
as stay cables and
prestressing elements.
2 Freyssinet Belgium
installed 650 prestressing
bars for four structures
on the high-speed
railway line under
construction between
Liège (Belgium) and
the German border
3 Sioule Viaduct
(photo 3).
1 2 3
Rising 150 m above the River Sioule and brid-
ging a gap 990 m wide, the elegant Sioule
Viaduct, located near to Clermont-Ferrand
(France), is a crucial element of the new A89
motorway. Working as a subcontractor for
the group of companies formed by Campenon
Bernard and Dodin (VINCI Construction),
Freyssinet supplied and installed the
1,200 tonnes of longitudinal and transversal
prestressing for the deck (photo 3).
CONSTRUCTION
Better known by designers, who increasingly
appreciate its inherent architectural opportuni-
ties, prestressed concrete slabs gained ground in
several countries in 2004. In Dubai in the United
Arab Emirates, Freyssinet LLC began to install
the prestressing of the flooring for the Mirdif
shopping centre (130,000 m2) in February 2004,
before installing 250 tonnes of steel for the
Legend Plaza building. In Saudi Arabia,
Freyssinet France completed the installation of
1,040 tonnes of prestressing for a new palace
being built in Riyadh. In the heart of Warsaw in
Poland, Freyssinet Polska was involved in the
construction of the new Zlote Tarasy shopping
centre, installing 12 tonnes of prestressing using
Freyssinet’s F System. In October, Freyssinet Ltd,
the UK subsidiary, completed its work on the Esso
Glen construction project in London (330 tonnes)
after having started work in June on the installa-
tion of prestressed concrete floors for the new
Beetham Hilton hotel, a 47-storey structure
which will dominate the Manchester skyline.
INDUSTRY
In 2004, Freyssinet was involved in three major
projects in the field of industrial applications of
prestressing. The first was the Neder-Over-
Heembeek biological water treatment plant in
Vilvoorde in Belgium. In connection with this pro-
ject, which represents 72,000 m2 of flooring and
which, upon completion, will be the largest in
Europe, Freyssinet Belgium installed 800 tonnes
of greased and sheathed strands. In the Nile
delta in Egypt, some 50 km north-east of
Alexandria, Freyssinet was involved in the
construction of two liquefied natural gas (LNG)
tanks in Idku. The project, allocated by VINCI
Construction Grands Projets, consisted of instal-
ling 685 tonnes of prestressing steel. Finally, in
October, the company began supplying another
LNG tank site on Sakhalin Island in Russia with
prestressing steel (800 tonnes), as well as tech-
nical support.
Alongside these major projects, the Turkish
subsidiary Freysas installed the prestressing
(66 tonnes) for the Borçka Dam in north-eastern
Turkey and, in Thailand, Freyssinet Thailand
installed the horizontal and vertical prestressing
(48.5 tonnes) for the sludge treatment basins
of a new water treatment plant.
Freyssinet supplied the stay
cables for the Arthur B. Ravenel
Jr Bridge over the River Cooper
in the United States and started
to install them at the beginning
of 2004.
08
685tonnesof prestressingsteel wereinstalled forthe liquefiednatural gastanks in Idku(Egypt).
An
nu
al
rep
ort
20
04
09
str
uctu
res
cable structures
Clearly, 2004 was «the year» for cable-stayed
structures for Freyssinet. The company participa-
ted in several major projects, including five on an
international scale.
STAY CABLES
The first stay cable success of the year was the
installation of the 18 stay cables (55 tonnes)
supporting the deck of the Marine Parade Bridge in
Southport, a seaside town to the north of Liverpool
in the UK, which Freyssinet Ltd completed in a
mere four weeks. At the beginning of the summer,
Freyssinet teams worked in Greece on a structure
on a completely different scale. Installation of the
368 stay cables (4,500 tonnes) for the Charilaos
Trikoupis Bridge connecting Rion and Antirion and
crossing the Gulf of Corinth was completed on
schedule, enabling the structure to be opened in
time for the Olympic flame to pass by on 7 August.
Only a few days later on 15 August, this time on the
other side of the Atlantic, the Centennial Bridge
was opened. This successful project was comple-
ted by the teams of the Iberian-American Division
and Austress Freyssinet, which supplied and ins-
talled the 128 stay cables (1,400 tonnes) for this
structure whose 420 metre-long central span rises
80 m above the Panama Canal.
Finally, on 27 August, it took Freyssinet teams
made up of approximately one hundred employees
from all over Europe just 55 days to finish placing
the 154 stay cables (1,400 tonnes) forming the
permanent «sails» of the Millau Viaduct in France,
a structure that captivates the entire world.
Many projects took place this year, including star-
ting work on two major cable-stayed structures in
Poland and the United States. For the first, built
over the Vistula in Plock, the Freyssinet Polska
subsidiary supplied and installed 56 twin stay
cables (560 tonnes). The American subsidiary
Freyssinet LLC will install the 128 stay cables
(1,500 tonnes) for the second project, the Arthur
B. Ravenel Jr. Bridge spanning the River Cooper in
South Carolina. With a central span of 538 m, this
remarkable structure will hold the record for the
longest structure of this type in North America.
This year was the first time that Freyssinet used
its stay cables in the construction of three small
structures: the Doomul pedestrian footbridge in
Seoul (South Korea), the arch bridge in Sarvar
(Hungary) and the Cairo International Airport
footbridge (Egypt). The technology used, which
was the result of research and development car-
ried out by the Group’s Technical Department, is
based on an anchoring system using clevis and
sleeves inserted onto the ends of the cables,
notably making it possible to install stay cables
on small structures rapidly.
Other major contracts won by Freyssinet during
the year included the contract for the Shenzhen
Western Corridor in Hong Kong, to be carried out
in January 2005. With a single inclined, asymme-
trical pylon, the 210 metre-long main bridge will
be supported by two sets of 13 cables
SUSPENSION
Less frequently used, and often less impressive
than cable-stayed structures, suspended structures
also require cutting-edge technology that must
1 Working together,
Freyssinet Grands Projets
and Freyssinet Egypt
installed the prestressing
for the Idku tanks (Egypt).
2 Freyssinet Ltd
installed the prestressing
of the 50,000 sqm
concrete slabs of
the Esso Glen building
in the center of London.
3 The Millau Viaduct
(France) is equipped
with the most recent
generation of Freyssinet
stay cables.
it only took
55days
to installthe 154 stay
cables forthe Millau
Viaduct.
1 2 3
10
36 Transpec shock transmission units between
the slabs and the infrastructure of the building.
construction methods
In addition to its structural expertise, Freyssinet
developed specific skills in the design, supply
and application of construction tools and methods.
In South Korea, Freyssinet Korea performed
incremental launching of the deck (1,290 m) for a
new bridge over the Mil Yang River, in the pro-
cess beating the world record for the length of
structures built using this procedure. In
September, again in South Korea, the company
once more showed its mastery of this technique
by completing the incremental launching of the
Dansan and Wolgok Bridges, 1,050 m and 500 m
long respectively. In Malaysia, Freyssinet was
involved in construction of the Sungai Prai
Viaduct, installing the segments using «ove-
rhead» self-launching trusses.
In China, the British subsidiary Freyssinet Ltd
was appointed to design two launching trusses
and install the segments making up the 113 spans
for the Deep Bay project, which will connect
Hong Kong to the Shenzhen Bridge.
Lastly, in Egypt, Freyssinet provided construction
support after having supplied the mobile form-
work travellers for the construction of the Kafr
Elzayat Bridge, which spans a branch of the Nile
between Alexandria and Beheira.
be carried out with perfect precision. Notable
during 2004 was the construction of the sus-
pended footbridge in the MacRitchie natural
park in Singapore. This bridge was designed
and built by Freyssinet Singapore under excep-
tional environmental constraints.
structural fittings
The Group has a great deal of expertise in the
design and manufacture of structural fittings and
offers a wide range of models. Again this year, a
large number of expansion joints, earthquake
protection systems, bearings, etc. were supplied
and installed for all types of structures.
In Mexico, the Freyssinet de México subsidiary
installed Cipec Wd180 and Wd200 expansion
joints on the Neverias Bridge on the Durango-
Mazatlán motorway, the El Cajón Bridge in Santa
María del Oro (Nayarit State) and the Las Rosas
Bridge to the north of Mexico City. In Plock in
Poland, Freyssinet Polska installed two very large
spherical bearings to support the deck of the
bridge under construction over the Vistula. In
Venezuela, in addition to the prestressing and
stay cables for the bridge over the Orinoco,
Freyssinet won the contract to install 84 elasto-
mer bearings and 22 pot bearings. Freyssinet
France was busy in Saudi Arabia on the site of a
new palace under construction in Riyadh, instal-
ling the bearings to support the beams and the
1290mof deckwere launchedover the Mil YangRiver by FreyssinetKorea.
Tierra Armada SA supplied and installed the 78 precast beams
for the deck of a 1,659 metre-long viaduct over the future high-speed
railway line between Toledo and Moncejón (Spain).
An
nu
al
rep
ort
20
04
11
str
uctu
res
2 2 Working from
a platform 45 m above
the ground, Freyssinet
teams completely restored
the water tower at Roissy-
Charles-de-Gaulle Airport
(France).
3 In Dubai, additional
prestressing made it
possible to increase the
capacity of a sugar silo.
1Freyssinet provided
the construction
methods and installed
the stay cables,
prestressing and
structural fittings for
the Sungai Prai Bridge
in Malaysia.
The project was carried out using shotcrete and,
thanks to the special coffer dam used to com-
plete the work, the canal did not need to be
emptied. Freyssinet, in co-operation with GTM
(VINCI Construction), also used shotcrete in
Marseilles to restore the Kennedy Corniche. In
Pyrénées-Atlantiques, a different process was
used to strengthen the steps of the Bayonne
amphitheatre, i.e. 800 m2 of carbon fibre fabric
(TFC) and 13 tonnes of steel frames.
In the Morbihan region of Brittany, renovation
work on the Bono Bridge, listed in the additional
historical monuments survey, began at the end of
the year with dismantling of the deck. A specia-
list in this type of structure, Freyssinet restored
the water tower at Roissy-Charles-de-Gaulle
Airport. Technicians worked for five months from
a platform suspended 45 m above the ground to
put down a corrosion inhibitor and treat all of the
concrete.
Outside France, Freyssinet Polska strengthened
the Kiezmark Bridge crossing the Vistula in the
north of the country with 40 tonnes of additional
prestressing. This same method, together with
carbon fibre fabric (TFC), was used by the Italian
subsidiary of Freyssinet to strengthen the
Solignano bridge over the A15 motorway near
Parma in Italy. Freyssinet SA completely restored
the Río Tinto Quay in the port of Huelva in Spain.
This structure, which is listed as a world heritage
site, combines wood, metal and fill. In Spain’s
precasting
On the site of the high-speed railway line between
Toledo and Moncejòn in Spain, Tierra Armada SA
manufactured and then installed the 78 U-shaped
box girders making up the deck of a 1,659 metre-
long viaduct. Each element weighed 160 tonnes
and was installed using a crane.
strengthening and repairs
Structural strengthening and repair activities, main-
ly concentrated in Europe and requiring a series of
processes specifically developed by Freyssinet,
remained in great demand during 2004.
In Hérault in France, Freyssinet strengthened a
portion of the Philippe-Lamour Canal damaged
by a series of floods.
1
2 3
12
Closed for two years because of its poor state of repair, the Bono Bridge (France)
will reopen in 2005 thanks to the work of Freyssinet.
Basque country, near to the city of Guipúzcoa,
the subsidiary used composite materials to
strengthen a series of eight bridges to be equipped
with major hydraulic piping.
In Gharbeya in Egypt, Freyssinet Egypt comple-
ted important work to strengthen the roof of one
of the oldest textile factories in the Middle East.
For this project, the roof beams were reinforced
with additional prestressing. In Kosovo, under
the aegis of the Ministry of Public Works, the
European Agency for Reconstruction and the
KFOR (peace-keeping unit deployed by NATO),
Freyssinet won a contract at the beginning of the
year to rebuild 12 bridges. All of Freyssinet’s
repair methods and techniques were used on
these sites, which were completed by the end of
the year.
Freyssinet Major Projects Division and the Turkish
subsidiary Freysas worked together in Turkey to
repair the double deck of a 2.5 km viaduct on the
Anatolian Highway damaged by an earthquake in
1999. The structure was strengthened with addi-
tional prestressing and TFC and was also reali-
gned using an innovative jacking system.
In the United Arab Emirates, the silos in the artificial
port of Jebel Ali were strengthened to increase
their capacity. For this project, Freyssinet placed
117 additional prestressing cables connected
by X anchors.
protection
As a specialist in structural repair, it is not surpri-
sing that Freyssinet is also interested in damage
prevention as well as materials alterations.
Freyssinet is now considered to be an expert in
the examination and protection of concrete rein-
forcements. In 2004, the Group was active in
both these fields. Its specialist British subsidiary,
CCSL, was involved in three major projects.
From February to June 2004, together with
Freyssinet Ltd, the company installed cathodic
protection on the ferry quays in Hung Hom in
Hong Kong.
At the same time, it examined a 450 km section
of buried pipeline for signs of corrosion in Kenya.
Finally, in September, CCSL completed the ins-
tallation of aluminium sacrificial anodes to treat
the piers of the Fraserburgh Quay in Scotland. In
the Bouches-du-Rhône in France, Freyssinet, the
inventor of the Regebeton concrete regeneration
process, applied this technique for the first time
on a large scale this year, treating a fifteen-storey
building, the Grande Corniche.
An
nu
al
rep
ort
20
04
13
str
uctu
res
heavy lifting
Recommended because it is safe, cost effective,
quick and easy to perform, heavy lifting is regu-
larly used in construction as well as structural
repairs. Freyssinet has expertise in this field
throughout the world acquired over many years .
In January 2004, Freyssinet lifted the pier seg-
ments of the main Sungai Prai Bridge in
Malaysia. Weighing 200 tonnes, the two seg-
ments were raised in 24 hours to a height of 40
m using four jacks. Even more impressive was
the work performed in Brisbane, Australia by
Austress Freyssinet together with Hebetec, a
company recently incorporated into the Group (in
October 2004) to lift the 3,000 tonne steel roof to
crown the country’s largest airport hangar. All of
the lifting jacks were connected to a central
control system and could be operated individual-
ly or in combination.
To illustrate the Group’s design and provision of
tools and methods supply, Freyssinet Thailand
was responsible for the complete engineering of
a device to lift a large metal frame for the new
Bangkok airport.
replacementof structural fittings
Every year, Group companies replace numerous
expansion joints and bearings. Major projects in
2004 included the installation by Freyssinet
France of two lines of Wd160 seals on the
Toulouse bypass to replace the old fittings, as
well as the work performed by the British subsi-
diary Freyssinet Ltd on the Saltings Viaduct in
South Wales in designing and installing guided
spherical bearings to replace the 64 existing
mechanical bearings.
3
1
2
1 CCSL,
a Freyssinet subsidiary,
treated the Fraserburgh
Quays (Scotland) using
cathodic protection.
2 In Australia,
a 3,000 tonne truss was
jacked to a height of 25 m
by Austress Freyssinet.
3 In Montpellier (France),
Freyssinet restored
the walls of the Philippe-
Lamour Canal using
a mobile coffer dam.
soils37 % of turnover
Soil reinforcement and treatment activities, representing 37%
of turnover, continuing the same trend from 2003. Activities involving
Reinforced Earth retaining walls and precast arches continued at
a high level, especially in North America, France and Spain, where
there is a clear trend in favour of the design of architectural structures.
In the area of soil improvement, Ménard Soltraitement was involved
in complex projects during the year, forcing it to develop two major
innovations: the Mars procedure and bi-modulus columns.
A project of enormous proportions,
the Soumont wall is among the largest
Reinforced Earth retaining structures
in France.
14
so
ilsthe studies and supplied the materials for the
northwest bypass in Rome, where 25,400 m2 of
TerraClass walls and 16,100 m2 of TerraVert walls
were built. In Trieste, the Italian subsidiary was
called upon to design and supply 11,000 m2 of
TerraVert walls for the Cattinara-Padriciano sec-
tion of motorway. In addition, 3,000 m2 of
TerraClass walls with a surface designed to
resemble stone and 2,000 m2 of TerraVert
walls were built on the main Prossedi-Latina
road in Latium.
In Iceland, Reinforced Earth designed two ava-
lanche barriers in Seydhisfjördhur and Isafjördhur.
These structures were made up of a total of
6,600 m2 of TerraTrel walls rising 10 m high. For
the eastern section of the new Black Sea motor-
way in Turkey, the subsidiary REAS (Reinforced
1 Several retaining
walls were built on
the new A51 motorway
to support the roadway
between Grenoble
and Sisteron (France).
2 Terre Armée SNC
designed and supplied
the TerraTrel surfaces
used to build the access
ramp for the second
bridge over the Rhône
in Valence (France).
An
nu
al
rep
ort
20
04
15
Every year, Reinforced Earth, a
technology tried and tested throughout
the world, proves its architectural
advantages. One structure built in 2004,
the redevelopment of a crossroads
in Dayton (USA), gave the designer
the opportunity to be creative.
Sixteen scenes on 11,400 m2 of
retaining walls trace the history of
the Wright brothers and the Flyer,
their first aircraft (see p.16).
Reinforced Earth:
a favourite
with designers
renforced soil
RETAINING WALLS
The pace of activities in France was good and
the year was marked by the completion of the
Soumont wall near Lodève (Hérault). Rising to
30 m at its highest point, this retaining structure
supports the roadway of the A75, the new
motorway between Clermont-Ferrand and the
Mediterranean. To integrate this wall of exceptional
proportions (10,000 m2) into its rocky envi-
ronment, careful attention was paid to its design,
which combines architectural facings and terra-
cing. The same facing surface treatment was
used for the structures on the A51 motorway
under construction between Sisteron and
Grenoble. This contract, involving the design of a
30,000 m2 retaining wall, is the largest ever won
by Terre Armée SNC. Near to Valence, where
construction of a second bridge over the Rhône
is underway, Reinforced Earth technology was
also selected for construction of the access
ramp, this time using a TerraTrel facing. Nearly
1,100 m long with a surface area of 14,840 m2,
this ramp is crossed by 14 hydraulic flushing
structures to drain off water in case of flooding.
Activities were also sustained in Italy where,
among other projects, Terra Armata carried out
1 2
a bridge construction site in Al Bahia.
In Qatar, Reinforced Earth was awarded the
contract to build eight spandrel walls with
Freyssisol surfaces on the Umm Bab-Salwa
motorway as part of the project to improve road
infrastructures ahead of the Asian Games, which
the country will host in 2006.
Three major projects were launched in Malaysia
in 2004, namely the Litrak project (LDP3) in Kuala
Lumpur, involving construction of 16,000 m2
walls for access ramps to two bridges, the
Gerbang Selatan project, near to Johor Bahru,
which will create a 20,000 m2 wall, and finally the
new Pantai motorway, near to Kuala Lumpur, which
will include 9,000 m2 of Reinforced Earth walls.
In South Korea, work continued on the motorway
segment between Mureung and Mungok. Almost
9,000 m2 of TerraClass walls, out of a total of
13,574 m2, were built during the year.
In Australia, the year’s largest project was
undoubtedly the design of 18 Reinforced Earth
structures and the supply of materials for a total
of 10,800 m2 of walls for the Westlink M7 motor-
way to the west of Sydney. Also noteworthy were
the 14 metre-high abutments using architectural
surfaces made to resemble stone, built on the
Craigieburn bypass near Melbourne. In New
Zealand, Reinforced Earth helped to redevelop a
crossroads on the Great South Road in Auckland
Earth Insaat Proje Ve Tic. AS) designed various
Reinforced Earth structures and supplied the
materials for the sections between Cayeli,
Ardesen and Hopa, as well as in the Trebizonde
region. In Anatolia, REAS also collaborated on
another motorway project between the towns of
Gerede and Gumusova.
Over the past year, the South African subsidiary
RESA (Reinforced Earth South Africa) conducted
the studies and provided the materials needed for
the construction of access ramps for 28 structures
as part of the Platinium N4 motorway project that
will connect Maputo (Mozambique) to Walvis Bay
(Namibia). It won its first contract in Sudan, which
calls for the design of Reinforced Earth abutments
for the Tuti and Al Gaba Bridges, two structures
measuring 900 and 4,300 m2 respectively, with
architectural surfaces. In Swaziland, the subsidiary
was also awarded the contract to install 40,000 m2
of bridge abutments and retaining walls for the
Mbabane interchange. Studies for this project are
underway.
In the Middle East, twenty large-scale projects
were completed over the year. Notable among
them was the study and supply of the materials
for a 33,000 m2 retaining wall for the Third
Crossing Bridge in Abu Dhabi, and a similar
contribution for a 25,000 m2 retaining wall, nota-
bly including the supply of Freyssisol surfaces for
Near Dayton in
the United States,
the redevelopment
of a crossroads
relied heavily on
the Reinforced Earth
technique and
its architectural
possibilities.
16
94000m2
of Reinforced Earthwalls will be builtas part of the T-Rexproject in theUnited States.
so
ils
by designing a solution combining TerraTrel walls
(280 m2) with TerraClass walls (1,552 m2).
In the United States, where the technique has
been applied for many years, the year was rich in
large-scale projects. Work continued on the T-Rex
Transportation Expansion project launched in
2003 to improve the road infrastructures around
the city of Denver in Colorado, totalling nearly
94,000 m2 of Reinforced Earth walls. In Virginia,
Reinforced Earth designed 11,300 m2 of retaining
walls as part of phase IV of redevelopment work
on the Springfield interchange (VDOT project). In
Minnesota, 17,500 m2 of Reinforced Earth walls,
designed and supplied by the American subsidia-
ry RECo, were erected as part of reconstruction of
the TH 14/52 motorway near to Rochester.
In Texas, the SH 130 project, a new State motor-
way near to Austin, will include 33,500 m2 of
retaining walls. In addition, we must mention two
of Reinforced Earth’s architectural projects
during the year. The first was carried out in
Dayton, Ohio, and forms sixteen scenes tracing
the history of the Wright brothers and their air-
craft. The second took place to the north of
Santa Fe, New Mexico, and showed coloured
depictions of traditional motifs of Native
Americans from the region on the tiered walls.
INJECTION FOUNDATIONS
Following the jet-grouting work performed on
Darling Island in Sydney in 2003, Austress
Freyssinet returned to the site to install
Freyssimix columns 1.5 m below ground in the
loose soil in which sewer pipes will be placed.
On the construction site of the covered railway
segment under the Lane Cove Canal between
Chatswood and Epping, the company comple-
ted its mission to inject grout made up of spe-
cial products designed to prevent water infiltra-
tion into the rock. In the port of Brisbane,
Austress Freyssinet also used permanent ties
which could be retightened if necessary to par-
tially reanchor the Fishermans Island terminal to
the soil following damage caused by a landslide.
Finally, near Tempe, Austress Freyssinet built an
18 m deep bentonite wall to prevent leachates
found in the soil of a landfill flowing into the
Alexandra Canal. In France, Ménard
Soltraitement carried out 309 jet-grouting
columns 15 m deep to create the foundations
for an avalanche barrier in Val-Thorens in Savoy.
The same technique was used to solidify the
bed of the head frame of the Sainte-Fontaine
mine in Moselle, listed in the additional historical
monuments survey.
An
nu
al
rep
ort
20
04
17
3
1
2
3 Austress Freyssinet
solidified the soil
on Darling Island in
the heart of Sydney
using Freyssimix
jet-grouting columns.
1 It took 33,000 m2
of Reinforced Earth
walls to build the new
Sheik Zayed Bridge
connecting the island
of Abu Dhabi with
the continent.
2 In New Mexico
(United States),
Reinforced Earth
designed a series of
terraced retaining
walls decorated with
Native American motifs.
1 Reinforced Earth
engineers devised a
solution combining
TechSpan arches and
retaining walls to make it
possible for a motorway
under construction in
North Kiama (Australia)
to cross a railway line.
soil treatment
SOIL TREATMENT WITHOUTINCORPORATION OF MATERIALS
Near to Al Ain in the Emirate of Abu Dhabi,
Ménard Soltraitement treated a 3.5 million m2
platform by dynamic compaction in preparation
for the construction of 550 villas in the middle of
the desert. An innovative mass release procedu-
re which optimises compaction energy on the
ground was used on this site. In the artificial port
of Jebel Ali in Dubai, the company employed
three of its techniques (dynamic replacement,
partial replacement and dynamic compaction) to
solidify the sandy and silt-laden soils on which
two new sugar silos will be built.
In San Martin de la Vega, near Madrid in Spain, it
took the company just three months when three
teams joined forces to treat a 130,000 m2 plot on
which a water treatment plant will be built. In
Australia, the soil on the construction site for the
retaining walls of the Westlink M7 motorway to
the west of Sydney was pretreated in June 2004
by dynamic compaction.
For the 265 km-long motorway segment under
construction between Ngaoundere (Cameroon)
and Touboro (Chad) in Africa, 360,000 m of ver-
tical drains were installed between May and June
to solidify the compressible zones.
In the United States, DGI-Menard, the Group’s
American subsidiary, worked on the construction
site of the 1/9 road in New Jersey, solidifying the
soil by dynamic compaction and installing vertical
PRECAST ARCHES
The power of the global solutions offered by
Reinforced Earth and the creativity of its engineers
were highlighted by the project to construct the
North Kiama bypass in New South Wales (Australia).
TechSpan railway arches were used in combination
with TerraClass retaining walls (2,500 m2) and
temporary welded mesh walls (1,000 m2).
In the town of Gerrards Cross in the UK,
Reinforced Earth used 343 TechSpan units to
build a 319 metre-long railway tunnel on top of
which, after backfill, a shopping centre and car
park will be built. Terra Armada was involved in
the construction of four underground structures
on the new Norte Littoral motorway in northern
Portugal. The tunnels are 2 km in length and are
made up of 1,920 half-arches. Lastly, two
TechSpan arches were built by Tierra Armada SA
to widen the runway at the airport in Melilla, the
Spanish enclave in northern Morocco.
3,5millionsof square metersof soil was treatedby MénardSoltraitementin the middle ofthe desert inthe Emirate ofAbu Dhabi.
1
Terra Armada was involved in construction of four
underground tunnels 2 km in length on the new
Norte Littoral motorway (Portugal).
18
An
nu
al
rep
ort
20
04
19
so
ils2 In just three months,
Ménard Soltraitement
completed improvement
work on the soil for
the site of the future
water treatment plant
in San Martin
de La Vega (Spain).
3 In Africa,
Ménard Soltraitement
treated a portion
of the soil for the future
motorway between
Ngaoundere in Cameroon
and Touboro in Chad.
drains ahead of construction of access ramps. In
the same State, the company won the soil impro-
vement contract last year for the EnCap Golf pro-
ject, which will create several golf courses, hou-
sing complexes and commercial buildings in the
north of New York. To treat the soil made up of
soft clay within the strict deadline (750 days), the
company will use dynamic compaction in combi-
nation with vertical drains (56,000 drains down to
depths of 48 m).
SOIL TREATMENT WITH INCORPORATIONOF MATERIALS
To consolidate soils in Bourgoin-Jallieu, near
Lyon in France, on which a large DIY superstore
will be built, Ménard Soltraitement engineers
developed a bi-modulus column (BMC) method
involving the use of hard inclusions at greater
depths and ballast for the last two metres.
In Hungary, Ménard Soltraitement began to install
ballasted columns at the end of the year over an
area of 400,000 m2 in preparation for the exten-
sion of the M7 motorway between the capital and
the Croatian border. Since September, Ménard
Soltraitement and DGI-Menard have worked toge-
ther to solidify land carved out of the mangrove
forest in Jamaica to allow construction of a super-
highway to Kingston. Called Highway 2000, this
project, which will double the existing road by
2006, also includes a 250 metre-long bridge and
several interchanges. To respect the tight dead-
lines, the two companies are simultaneously
installing vertical drains (1.5 million metres) and
CMC controlled-modulus columns (128,000 m).
Near Burlington in Vermont (United States),
DGI-Menard has assigned three teams to install
4,800 controlled-modulus columns (CMC) to
solidify the soil on which a home furnishing
superstore will be built. In addition, the company
completed work using stone columns to improve
the land that will hold the foundation supports
for the new baseball stadium in Lancaster
(Pennsylvania) and used vibrated concrete piles
and auger-bored piles to solidify a portion of the
access ramp for the new George H.W. Bush
motorway in Texas.
2
3
1
1 To treat a
3.5 million m2 platform
in the Abu Dhabi desert,
Ménard Soltraitement
developed a special
procedure that
optimises compaction
energy: Mars.
consolidated balance sheet
20
intangible assets other than goodwill
goodwill
tangible assets
financial assets
subsidiaries and affiliates
other financial assets
total fixed assets
inventories and work in-progress
trade notes and accounts receivables
others receivables
deferred tax asset
short-term financial receivables
and other investments securities
cash
total current assets
total assets
3 220
19 243
22 598
5 382
1 757
3 625
50 443
24 610
143 398
21 061
2 422
14 483
16 942
222 916
273 359
assets 2003
2 437
17 901
28 183
6 462
2 762
3 700
54 983
23 473
145 625
25 348
3 204
16 078
23 080
236 808
291 791
2004
capital stock
consolidated reserves (group share)
net income of the period (group share)
shareholder’s equity
minority interests
provisions for liability
long-term financial debt
total long-term capital
down-payments from clients
trade notes and accounts payable
others payables
deferred tax liabilities
short-term financial debt
total current liabilities
total equity and liabilities
equity and liabilities
15 625
20 867
605
37 097
2 846
40 690
22 146
102 779
8 708
90 742
48 879
883
21 368
170 580
273 359
2003
15 625
20 481
8 017
44 123
3 718
47 610
8 822
104 273
9 189
99 612
58 867
1 264
18 586
187 518
291 791
2004
( thousand of euro )
( thousand of euro )
report from 1st January to 31st December.
An
nu
al
rep
ort
20
04
21
income statement
net sales
other income
total income
operating expenses
operating income
financial expenses
depreciation and provisions, financial items
net financial income
pre-tax income before extraordinary items
exceptional items
depreciation and provisions
net exceptional income
amortization of goodwill
current taxes
deferred taxes
net income for consolidated
group share in companies equity interest
minority interests
net income (group share)
419 529
8 656
428 185
-420 359
7 826
-2 597
-388
-2 985
4 841
1 898
-1 547
351
-1 618
-2 412
-614
548
62
-5
605
459 623
8 158
467 781
-449 245
18 536
-2 371
-15
-2 386
16 150
-501
-1 827
-2 328
-1 470
-4 990
519
7 881
43
93
8 017
20032004
net sales
foreign sales
net income (group share)
shareholder’s equity including income of the period
net cash (financial debt)
cash flow generated from operations
capital expenditure and financial investments of the period :
capital expenditure
acquisition of financial investments
average number of employees
430 488
330 483
-11 951
41 142
-35 869
8 678
15 280
11 863
3 417
2 918
419 529
313 625
605
37 097
-10 357
22 351
7 904
7 331
573
2 991
the past three years
20022003
459 623
335 287
8 017
44 123
14 008
25 754
12 396
10 384
2 012
3 178
2004
( thousand of euro )
( thousand of euro )
CanadaGreat-Britain
IrelandBelgium
The NetherlandsGermany
Switzerland
ItalyFyrom Macedonia
Pakistan
PolandRussiaDenmark
Hungary Romania
Turkey
Thailand
Malaysia
Singapore
Indonesia
Japan
VietnamUnitedArab Emirates
France
Spain
EgyptHong Kong
South Korea
Australia
New-Zealand
South Africa
Koweit
PortugalUSA
Mexico
Venezuela
Brazil
Argentina
Freyssinet Group
22
main office locations
America
ARGENTINAFreyssinet-Tierra ArmadaBuenos Aires
BRAZILFreyssinet LtdaRio de janeiro
STUP premoldados LtdaSao Paulo
Terra Armada LtdaRio de Janeiro
CANADAReinforced EarthCompany LtdMississauga
MEXICOFreyssinet de MéxicoS.A. de C.V.Mexico city
Tierra Armada S.A. deC.V.Mexico city
USAFreyssinet LLCChantilly
The Reinforced EarthCompanyVienna
DGI-MenardBridgeville
VENEZUELATierra Armada CASan Bernardino
Europe
BELGIUMFreyssinet Belgium N.V.Vilvoorde
Terre Armée Belgium N.V.Vilvoorde
DENMARKA/S SkandinaviskSpaendbetonVaerloese
FRANCEFreyssinet International& CieVélizy
Freyssinet FranceVélizy
PPCSaint-Rémy
Terre Armée SNCVélizy
Ménard SoltraitementNozay
FYROM MACEDONIAFreyssinet BalkansSkopje
GERMANYMenard DynivSeevetal
Bewerhte ErdeSeevetal
GREAT BRITAINFreyssinet LtdTelford
Reinforced EarthTelford
HUNGARYPannon Freyssinet LtdBudapest
IRELANDReinforced EarthCompanyKildare
ITALYFreyssinetTerra Armata s.r.lRome
THE NETHERLANDSFreyssinet NederlandB.V.Vaddinxveen
POLANDFreyssinet Polska Sp.Z.o.o.Milanowek
PORTUGALFreyssinet-Terra Armada Lisbon
ROMANIAFreyromBucharest
RUSSIAFreyssinetMoscow
SLOVENIAFreyssinet AdriaLjubljana
SPAINFreyssinet S.A.Madrid
Tierra Armada S.A.Madrid
Ménard SoltraitementMadrid
JAPANFKKTokyo
TAKKTokyo
KOWEITFreyssinet International& CoSafat
MALAYSIAFreyssinet PSC (M)Kuala Lumpur
Reinforced EarthManagementServices Sdn BhdKuala Lumpur
PAKISTANReinforced EarthPvt LtdIslamabad
SINGAPOREPSC Freyssinet (S)Pte LtdSingapore
Reinforced EarthPte LtdSingapore
SOUTH KOREAFreyssinet KoreaCo. LtdSeoul
Sangjee MenardCo. LtdSeoul
THAILANDFreyssinet Thailand LtdBangkok
SWITZERLANDFreyssinet S.A.Moudon
Hebetec EngineeringSagi
TURKEYFreysasKadiloy - Istanbul
Reinforced Earth N AATProje VE T Caret A.(REAS)Üsküadr - Istanbul
Africa
EGYPTFreyssinet EgyptGiza
SOUTH AFRICAFreyssinet Posten (Pty) LtdOlifantsfonstein
Reinforced Earth (PTY) LtdJohannesburg
Asia
HONG KONGFreyssinet Hong Kong LtdHong Kong
Reinforced Earth PacificLtdHong Kong
INDONESIAPT Freyssinet TotalTechnologyJakarta
UNITED ARABEMIRATESFreyssinet GulfDubai
Freyssinet Middle EastAbu Dhabi
Freyssinet MenardNorthern EmiratesSharjah
Freyssinet QatarQatar
Ménard SoltraitementDubai
VIETNAMFreyssinet VietnamHanoi
Oceania
AUSTRALIAAustress FreyssinetPty LtdSeven Hills
Reinforced Earth Pty LtdHornsby
Austress MenardSeven Hills
NEW ZEALANDFreyssinet New ZealandLtdAuckland
Reinforced Earth LtdAuckland
����
1 bis, rue du Petit-Clamart 78140 Vélizy-Villacoublay FranceTél. : (+33) 1 46 01 84 84 Fax : (+33) 1 46 01 85 85
www.freyssinet.com phot
ogra
phs
: Virg
ilio B
erna
rdes
, Cla
ude
Cie
utat
, Edu
ardo
Mar
tins,
J.F
. Sab
orit,
Ant
oine
Vav
el, F
ranc
is V
igou
roux
, Fre
yssi
net p
hoto
libr
ary