First quarter revenues rise at Vinci

26 April 2013

French contractor Vinci reported a 3.4% year-on-year rise in revenues for the first three months of 2013 to €8.4 billion, while its order book was up 1.5% to €33.1 billion.

The results were fuelled by growth in the contracting division – the largest business unit by revenues – which reported a 5.2% year-on-year increase in sales to €7.2 billion.

Of this, €5.3 billion was generated inside France (unchanged compared to the first quarter of 2012), while €3.1 billion was generated outside of France – up 10.5% year-on-year.

Within the contracting division, Vinci Energies reported a 4.7% rise in revenues to €1.3 billion, while Vinci Construction reported an 8.8% increase to €3.8 billion, but the road building division – Eurovia – reported a 3.2% drop in revenues to €1.3 billion.

Meanwhile, the concessions business unit reported revenues if €1.1 billion, up 0.5% year-on-year.

Overall, Vinci said it expected its business to be at least stable in 2013.

Latest News
Judge postpones effective date of FTC noncompete rule for litigants
Judge Ada Brown said “the text, structure and history of the FTC Act reveal that the FTC lacks substantive rulemaking authority with respect to unfair methods of competition.”
Access Alliance welcomes Plantool
Plantool joins UK and Ireland rental alliance at Belfast meeting 
Partnerlift takes on SIM-Tec
Rental, sales and service company expands cooperative’s presence in Rhineland