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| Vinci’s 2005 revenue up 10.4% Vinci’s Board of Directors, chaired by Antoine Zacharias, approved the 2005 financial statements. Vinci’s consolidated 2005 revenue from both French and international business amounted to €21.5 billion, up 10.4% compared with 2004 (€19.5 billion). Sales were brisk in all the Group’s business lines, with roads and construction posting the strongest revenue growth, particularly in France and Central Europe. The upward trend is due principally to organic growth, with only 2% being attributable to changes in scope and exchange rate fluctuations. The new companies acquired generated additional revenue of €380 million, which was partially offset by the €105 million revenue from divested companies. In France, revenue rose 9.7% to €13.3 billion (+8.5% on a comparable basis). Outside France, it rose 11.5% to €8.25 billion (+8.5% on a comparable basis), and represented 38% of total revenue. write your comments about the article :: © 2006 Construction News :: home page |