Vinci release a mixed set of first half results, marked by disappointing EBITDA margins in Construction, although offset by a strong performance elsewhere and a 9.5% dividend increase. Key highlights Revenue up 5.1%, to €18.5bn EBIT up 9.5%, to €1.9bn Net profit up 11.9%, to €1,030m Interim dividend up 9.5%, to €0.69 Order book up 5%, to €30.7bn Net debt up €1.2bn to €15.5bn Outlook confirmed Management confirmed previous FY17 guidance of “growing reve
28 Jul 2017
Lower Construction margins spoil concession euphoria
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Lower Construction margins spoil concession euphoria
VINCI SA (DG:WBO) | 0 0 1.1% | Mkt Cap: 49,071m
- Published:
28 Jul 2017 -
Author:
Edouard Enault -
Pages:
3
Vinci release a mixed set of first half results, marked by disappointing EBITDA margins in Construction, although offset by a strong performance elsewhere and a 9.5% dividend increase. Key highlights Revenue up 5.1%, to €18.5bn EBIT up 9.5%, to €1.9bn Net profit up 11.9%, to €1,030m Interim dividend up 9.5%, to €0.69 Order book up 5%, to €30.7bn Net debt up €1.2bn to €15.5bn Outlook confirmed Management confirmed previous FY17 guidance of “growing reve