Vinci: net income up 26% in Q1
(CercleFinance.com) - For the first half of 2018, Vinci publishes group share of net income of 1,300 million euros, up 26%, and EBIT of 2,099 million, up 11.
4% for a margin improvement of 0.4 points to 10.6%.
The construction and concession group's turnover is up 6.7% to reach 19.8 billion euros, of which 2.8% organic growth, with external growth 5.3% and negative translation differences of 1.4%.
For the whole year, Vinci forecasts increases in its turnover, operating results and net income. An interim dividend for 2018 of 0.75 euros per share, up 8.7%, will be paid in cash on 8 November.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4% for a margin improvement of 0.4 points to 10.6%.
The construction and concession group's turnover is up 6.7% to reach 19.8 billion euros, of which 2.8% organic growth, with external growth 5.3% and negative translation differences of 1.4%.
For the whole year, Vinci forecasts increases in its turnover, operating results and net income. An interim dividend for 2018 of 0.75 euros per share, up 8.7%, will be paid in cash on 8 November.
Copyright (c) 2018 CercleFinance.com. All rights reserved.