Vinci: less volume more results

With a 2016 sales decline of -1.2% to € 38.1 billion, Vinci significantly improved the net profit by 16.2% to € 2.3 billion. Activity is driven by concessions.

With growth in traffic at Vinci Autoroutes (+ 3.2%) and Vinci Airports (+ 10%) in 2016, the French company in the construction and public works sector is seeing its growth boosted by good results as a major infrastructure operator. The completion of the works within the deadlines of the SEA LGV and the signing of new concession contracts such as the Grand Contournement Ouest in Strasbourg or the future A45 motorway linking Saint Etienne to the Lyon agglomeration should consolidate the Group’s performance over the coming years .

In the works sector, activity was slightly down, but a trend towards a pick-up in orders is taking shape in the three divisions of the division (Vinci Energies, Eurovia and Vinci Construction).
Internationally, despite the decline in investments in the oil and raw materials producing countries, Vinci has resisted well thanks to the diversification of its geographical exhibitions and its businesses. Several targeted acquisitions were carried out, notably by Vinci Energies in Australia and Portugal, and by Eurovia in Canada and Chile.