Vinci: 2019 earnings up 9.3%
(CercleFinance.com) - Vinci has published 2019 net income, group share that is up 9.
3% at 3,260 million euros, with operating profit from operations that is up 14.8% at 5.7 billion euros, i.e. 11.9% of sales, compared to 11.5% in 2018.
Revenues increased by 10.4% to 48.1 billion euros, including organic growth of 5.4%. Concessions revenue was 8.5 billion euros, up 17.7%, while Contracting revenue was 38.9 billion euros, up 8.7%.
Vinci offers a dividend of 3.05 euros per share for 2019 and "can expect further growth in revenue and net income" in 2020. However, this growth is likely to be more limited than in 2019 (high comparison base).
Copyright (c) 2020 CercleFinance.com. All rights reserved.
3% at 3,260 million euros, with operating profit from operations that is up 14.8% at 5.7 billion euros, i.e. 11.9% of sales, compared to 11.5% in 2018.
Revenues increased by 10.4% to 48.1 billion euros, including organic growth of 5.4%. Concessions revenue was 8.5 billion euros, up 17.7%, while Contracting revenue was 38.9 billion euros, up 8.7%.
Vinci offers a dividend of 3.05 euros per share for 2019 and "can expect further growth in revenue and net income" in 2020. However, this growth is likely to be more limited than in 2019 (high comparison base).
Copyright (c) 2020 CercleFinance.com. All rights reserved.