Vinci released a rather strong set of 9m figures, marked by a lower-than-anticipated traffic on French highways largely offset by a staggering 40% growth in airport revenue and continued recovery in the Contracting activities. Key highlights For the nine-month period: Revenue up 5.6%, to €29.2bn (+4.5% lfl) Concessions up 11%, to €5,318m (+6% lfl) Contracting up 3.8%, to €23,595m (+3.4% lfl) Order book up 9%, intake up 13% Net debt up 11.9% at €14.6bn 2017 guidance unchang
25 Oct 2017
Contracting upturn offsets weaker LV traffic in Q3 17
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Contracting upturn offsets weaker LV traffic in Q3 17
VINCI SA (DG:WBO) | 0 0 1.1% | Mkt Cap: 49,071m
- Published:
25 Oct 2017 -
Author:
Edouard Enault -
Pages:
3
Vinci released a rather strong set of 9m figures, marked by a lower-than-anticipated traffic on French highways largely offset by a staggering 40% growth in airport revenue and continued recovery in the Contracting activities. Key highlights For the nine-month period: Revenue up 5.6%, to €29.2bn (+4.5% lfl) Concessions up 11%, to €5,318m (+6% lfl) Contracting up 3.8%, to €23,595m (+3.4% lfl) Order book up 9%, intake up 13% Net debt up 11.9% at €14.6bn 2017 guidance unchang