|
contents | news | |||||||||
| Vinci’s Consolidated Revenue For The First 9 Months Of The Year The Vinci Group reported revenues of €15.7 billion at 30 September 2005, an increase of 10.5 percent compared with the year-earlier period. In France, revenue for the first 9 months was up 10.9% at €9.8 billion (9.6% on a like-for-like basis). With overall growth of 8.4%, business was good in all business lines in the 3rd quarter. Outside France, revenue at the end of September stood at €5.9 billion, up 9.7% (7.8% at constant consolidation scope and exchange rates). The pace of growth increased in the 3rd quarter (up 13% against the 3rd quarter of 2004), driven by strong performance from Vinci Construction and Eurovia. Despite the strong level of activity during the period, order books are being renewed satisfactorily and stood at €15.3 billion at the end of September, which is close to 10 months’ average activity for the business lines concerned (Construction, Roads, and Energy). Combined with the usual revenue from the Concessions business line, this allows Vinci to expect revenue of more than €21 billion for 2005 and to start 2006 with good visibility over its level of activity. write your comments about the article :: © 2005 Construction News :: home page |