(CercleFinance.com) – The Vinci group publishes a total turnover of 45.2 billion euros for the first nine months of the year, up 26% in real terms compared to the same period a year earlier, or +12% on a comparable basis.
Over the first nine months of the year, the activity of Vinci Autoroutes increased by 11% on a comparable basis, to 4.6 billion euros, and that of Vinci Airport was multiplied by 2.5 from 778 ME to 2028 ME.
The Vinci Energies activity saw its turnover reach 11.9 billion euros, up 6.8% on a comparable basis, and that of Vinci Construction increased by 8.5% on a comparable basis, to 24.5 billion euros.
In this context, the group confirms that it expects a 2022 net result higher than its 2019 level.
In detail, the group expects annual traffic to be higher than that of 2019 for Vinci Autoroutes. For Vinci Airports, traffic in 2022 is expected to be around 70% of its 2019 level, leading to positive net income and free cash flow.
Vinci Energies, which operates in buoyant markets, should post further growth in activity and consolidate its operating margin.
Lastly, Vinci Construction, thanks to its very high order book, should generate sustained activity and improve its operating margin, while continuing to be selective in taking on business.
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