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VINCI Announces 2019 Results

Infra News - Published on Fri, 14 Feb 2020

Image Source: VINCI
VINCI’s Chairman and CEO Mr Xavier Huillard said “VINCI broke records in 2019. Business levels grew strongly both in France and abroad, earnings rose again and cash flow was outstanding. That very good performance was achieved through the hard work of VINCI’s 222,000 employees. It confirms the strength of our Concession-Contracting business model and our ability to integrate new companies successfully. The year’s main highlight was the acquisition of a majority stake in London Gatwick, the second-largest airport in the United Kingdom and the eighth-largest in Europe.

Key figures

· Revenue up 10% to EUR 48.1 billion

- Concessions up 18% (of which organic growth +6%): growth in traffic levels at VINCI Autoroutes (up 2.8%) and in passenger numbers at VINCI Airports (up 5.7%)

- Contracting up 9%: higher business levels across the three business lines (VINCI Energies, Eurovia and VINCI Construction)

- VINCI Immobilier revenue up 20%

Source :

Posted By : Yogender Pancholi on Fri, 14 Feb 2020
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