Construction drives Vinci's growth

07 March 2008

Vinci’s revenues rose +16,8% last year, compared to 2006 to a total of € 30,4 billion. The company says revenues grew more steeply outside France last year, with a +21,4% rise to € 10,7 billion. This was largely due to a string of acquisitions, including the purchase of Soletanche Bachy, Entrepose Contracting and Nukem by its Construction division.

As a result, Vinci Construction saw the sharpest growth of all the group’s companies, with revenues rising +28,3% to € 13,6 billion. In France this was due to strong organic growth, with revenues up +22%, whereas half the +37% increase seen in overseas markets was due to the positive impact of acquisitions.

At Eurovia, Vinci’s road building arm, revenues were up +6,5% for the year to € 7,71 billion. Although sales in France rose +12,6%, revenues from abroad fell –1,5%. “This change reflects the Group’s determination to improve its operational profitability in several countries, which led to greater selectivity in order taking,” said a statement from Vinci.

Vinci was also bullish about the year ahead, with a € 21,5 billion order book for its Construction, Eurovia and Vinci Energies businesses. This represents 10 months of work for the three businesses, and is a +20% increase on the forward order position at the end of 2006.

Vinci’s full results will be published after the close of trading on 27 February.


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Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]