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05 Feb 2020
VINCI: Solid 2019 but less growth expected in 2020 | NEUTRAL | EUR97(-3%)
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VINCI: Solid 2019 but less growth expected in 2020 | NEUTRAL | EUR97(-3%)
VINCI SA (DG:WBO) | 0 0 1.1% | Mkt Cap: 49,071m
- Published:
05 Feb 2020 -
Author:
Eric Lemarie -
Pages:
4
VINCI - NEUTRAL | EUR97(-3%)
Solid 2019 but less growth expected in 2020
Solid revenues in 2019, in line with expectations
EBIT roughly in line too (approx. 2% above consensus)
Confidence in 2020 performance
But overall growth likely to be more limited