{ "schemaVersion": 1, "organisationId": "O-a5c01b0bb61d451489f25ebcdd788906", "slug": "vinci", "name": "VINCI", "updatedAt": "2026-03-20T01:24:25.919012Z", "sections": [ { "type": "OVERVIEW", "text": "VINCI is a global infrastructure, energy and construction group whose business model combines concessions, energy services and construction activities. Its concessions portfolio includes motorway, airport and railway infrastructure as well as certain public amenities, while its energy activities provide expertise and services for energy infrastructure, buildings and information technologies, and its construction activities cover the design and construction of infrastructure and buildings. [P-cd9e1cbd4ca94cc4b66fd020e5c8de58][P-edd836dd135049cf883c3792869f95f0][P-baddbb9570c741a6af39750cdc81c74c][P-96c7f888db3a406bbaea834bd755906f]\n\nVINCI operates in more than 120 countries, with France as its largest market but a broadly international revenue base across Europe, North America, Central and South America, Africa, Asia and the Middle East, and Oceania; 53% of revenue was generated outside France in 2024. [P-3404bdea97fd45c48b3d5cb4ecc5acb4][P-2665f6c6f6e44af9aa041177ddedb3b1][P-7d62d201f9a547cc907a50f03754fe80] The group states its mission as “Forging a sustainable world by accelerating the transformation of living environments, infrastructure and mobility,” and says its ambition is to contribute to the energy and environmental transition while fostering social progress. [P-cae4e9552d3246559dd331bffd8ae533][P-f8a4a61659294af9b3bb3b0c192068f8] As a scale indicator, VINCI reported revenue of €71.6 billion in 2024 and about 285,000 employees worldwide. [P-16f9f5db64c34849a8fc44c9c7fbff1e][P-f8a4a61659294af9b3bb3b0c192068f8]\n[P-cd9e1cbd4ca94cc4b66fd020e5c8de58][P-edd836dd135049cf883c3792869f95f0][P-baddbb9570c741a6af39750cdc81c74c][P-96c7f888db3a406bbaea834bd755906f][P-3404bdea97fd45c48b3d5cb4ecc5acb4][P-2665f6c6f6e44af9aa041177ddedb3b1][P-7d62d201f9a547cc907a50f03754fe80][P-cae4e9552d3246559dd331bffd8ae533][P-f8a4a61659294af9b3bb3b0c192068f8][P-16f9f5db64c34849a8fc44c9c7fbff1e]", "updatedAt": "2026-03-20T01:24:25.919012Z" }, { "type": "PRODUCTS", "text": "VINCI’s offerings are weighted toward infrastructure construction and technical services: in 2024, VINCI Construction generated €31.8 billion of revenue, VINCI Energies €20.4 billion, Concessions €11.7 billion, and Cobra IS €7.1 billion.[T-3c7e6155cd7d4d77a4c28cfc998e771c] In concessions, VINCI Highways finances, designs, builds, operates and maintains motorways, urban roads, bridges, tunnels and digital toll services over a network of more than 3,500 km in around 15 countries.[P-c458614fbf954455842c0fa7f7de81de] VINCI Airports operates more than 70 airports in 14 countries and supplements aeronautical services with retail and passenger-service upgrades; examples cited include the ZenLine app feature, which lets passengers reserve a security priority slot in advance, and airport retail reconfiguration aimed at raising non-aviation revenue.[P-ff572251aa3644d6a282523c3f51779e][P-6b32a093d73f43049da8a238fd9a8b70][P-36428f0320b7449782014b275ec67c65] VINCI also highlights technical innovation in motorway services, including a pilot on the A10 near Paris for dynamic wireless charging of heavy vehicles while driving.[P-f4854fb4c9f948f796a01659dfe61ff9]\n\nVINCI Energies provides services for energy infrastructure, buildings and information technologies.[P-baddbb9570c741a6af39750cdc81c74c] Its Omexom-branded operations cover the full electricity chain—generation, transmission, transformation, distribution and utilisation—and are positioned around solar and wind farms as well as grid reconfiguration, extension and interconnection to handle intermittent renewable power.[P-9bae9a16970942039f9015ac9e9de20f] Axians offers data-cycle services spanning collection, storage, processing, analytics, sharing and protection, with bespoke scalable solutions for infrastructure operators, companies and local authorities, while Actemium develops digital industrial solutions that add automation, traceability, cybersecurity and predictive maintenance.[P-b118d774009044b985791d199244e356][P-54c58999c41c4bed954fe035c3b31b08] Cobra IS adds industrial and energy-related services, large EPC projects in the energy sector, and development of renewable generation facilities, especially solar and wind farms; VINCI said projects in operation or under construction totaled 3.5 GW at end-2024, mainly solar PV plants.[P-764d7688eede4df9ba8d36f2109bc392][P-6e0694a11bd544b3bbe6588a0939e1b5]\n\nIn construction, VINCI describes its core offer as the design and construction of infrastructure and buildings.[P-96c7f888db3a406bbaea834bd755906f] Within VINCI Construction, activity is split across roads (43%), civil engineering (29%), building (19%) and networks (9%).[P-d80468e211b041b9830a19ca78c72139] Concrete service lines include roadworks by Eurovia and road maintenance by Ringway, which manages more than 50,000 km of urban roads, highways and motorways and reported an 83% materials recycling rate on a trunk-road maintenance contract in eastern England.[P-db58c9ae833c46cdba8f38671ec4c62f] Rail services include ETF’s track-renewal and maintenance work; the company says ETF has revamped close to 1,750 km of track to date and in 2024 won contracts covering 675 km of lines plus 800 km of track and ballast, alongside signalling, catenary and rail-safety systems work.[P-9fb0cd9f6ce44328b7e14d44d1d7122b] Specialist civil-engineering offerings also include Freyssinet and Soletanche Freyssinet services such as foundations and soil technologies, prestressing and stay-cable systems, structural reinforcement, prestressing systems for reactor buildings, and Carpi geomembrane waterproofing solutions for dams.[P-9d88922931fd41f5a6d302f1ed9501c8][P-afd62dbd5f674c69b4bb3154ab145fc9][P-66587c105d094b1dad4483249811fe91][P-6a9e91b3f7c04a85939360eed8ff7e34]\n[T-3c7e6155cd7d4d77a4c28cfc998e771c][P-c458614fbf954455842c0fa7f7de81de][P-ff572251aa3644d6a282523c3f51779e][P-6b32a093d73f43049da8a238fd9a8b70][P-36428f0320b7449782014b275ec67c65][P-f4854fb4c9f948f796a01659dfe61ff9][P-baddbb9570c741a6af39750cdc81c74c][P-9bae9a16970942039f9015ac9e9de20f][P-b118d774009044b985791d199244e356][P-54c58999c41c4bed954fe035c3b31b08][P-764d7688eede4df9ba8d36f2109bc392][P-6e0694a11bd544b3bbe6588a0939e1b5][P-96c7f888db3a406bbaea834bd755906f][P-d80468e211b041b9830a19ca78c72139][P-db58c9ae833c46cdba8f38671ec4c62f][P-9fb0cd9f6ce44328b7e14d44d1d7122b][P-9d88922931fd41f5a6d302f1ed9501c8][P-afd62dbd5f674c69b4bb3154ab145fc9][P-66587c105d094b1dad4483249811fe91][P-6a9e91b3f7c04a85939360eed8ff7e34]", "updatedAt": "2026-03-20T01:24:25.919012Z" }, { "type": "GEOGRAPHY", "text": "VINCI has a broad international footprint, with operations in more than 120 countries, but its geographic base remains centered on Europe and especially France.[P-3404bdea97fd45c48b3d5cb4ecc5acb4] In 2024, France accounted for 42.2% of revenue (€30.2 billion), Europe excluding France accounted for 36.5%, and international markets outside Europe accounted for 21.3%, meaning 57.8% of revenue was generated outside France.[T-12afbb2c107b4d5d97aa8266f4a28e48][P-32f4c7a553e8474fa975dce96256605a] Within Europe, the largest national markets disclosed were the United Kingdom (9.4% of revenue), Germany (7.8%), Spain (5.3%), Central and Eastern Europe (4.4%), Portugal (2.4%), and the rest of Europe (7.3%).[T-12afbb2c107b4d5d97aa8266f4a28e48] Outside Europe, North America represented 7.7% of revenue, including the United States at 4.6% and Canada at 3.1%; Central and South America represented 5.9%, Africa 2.2%, and Asia-Pacific and the Middle East 5.6%.[T-12afbb2c107b4d5d97aa8266f4a28e48]\n\nVINCI employed 284,526 people at the end of 2024, with 73.5% employed by European entities and 26.5% outside Europe.[P-824881cf06194451b6f28a873fc2bac9][P-89c603d521054aa4800489593c45fe24] France was the largest workforce location with 106,057 employees, or 37.3% of the total.[T-36f752c20a7b4412b684e2db5771ae6f] Other sizeable employee bases were in Central and South America (33,759; 11.9%), the rest of Europe (27,431; 9.6%), Spain (25,491; 9.0%), Germany (20,918; 7.4%), North America (15,176; 5.3%), Central and Eastern Europe (14,689; 5.2%), and the United Kingdom (14,134; 5.0%), with smaller but material workforces in Africa (11,264), Asia and the Middle East (9,962), and Oceania (5,645).[T-36f752c20a7b4412b684e2db5771ae6f] France is also the only single country disclosed as representing more than 10% of the group’s workforce.[P-92c087909a07403da2b9c033ac060f78]\n[P-3404bdea97fd45c48b3d5cb4ecc5acb4][T-12afbb2c107b4d5d97aa8266f4a28e48][P-32f4c7a553e8474fa975dce96256605a][P-824881cf06194451b6f28a873fc2bac9][P-89c603d521054aa4800489593c45fe24][T-36f752c20a7b4412b684e2db5771ae6f][P-92c087909a07403da2b9c033ac060f78]", "updatedAt": "2026-03-20T01:24:25.919012Z" }, { "type": "SEGMENTS", "text": "VINCI says it is organised into six business lines across three businesses—Concessions, Energy and Construction—with VINCI Immobilier reporting directly to the holding company; however, its IFRS 8 segment tables aggregate reporting into Concessions, Energy, Construction, and VINCI Immobilier and holding companies.[P-a9b6124eba6f41fdb7b12d9da08e4ae9][P-f26203629f604da9b54f9c5cd4c999fb] On that reported basis, 2024 consolidated revenue was weighted toward Construction at about 43.9%, Energy at about 37.9%, Concessions at about 17.4%, and VINCI Immobilier and holding companies at about 1.6%, with intercompany eliminations of about -0.8%.[T-3c7e6155cd7d4d77a4c28cfc998e771c]\n\nVINCI also presents a more granular business-line view. Within Concessions, VINCI Autoroutes focuses on financing, designing, building and operating motorways in France, while VINCI Airports finances, develops, builds and manages airports; based on 2024 business-line revenue, they accounted for about 9.2% and 6.3% respectively, with other concessions contributing about 0.8%.[P-ad330096c86d4f88b7e0b317ea433b1f][P-39a278de07764c4bae7bbbe3db642349][T-1d81e4e288c04a28b2f97943b1473a04] Energy is split between VINCI Energies, which provides expertise and services relating to energy infrastructure, buildings and information technologies, and Cobra IS, which covers industrial and energy-related services, large EPC energy projects, and renewable energy development; they represented about 28.4% and 9.9% of 2024 business-line revenue respectively.[P-baddbb9570c741a6af39750cdc81c74c][P-764d7688eede4df9ba8d36f2109bc392][T-1d81e4e288c04a28b2f97943b1473a04] VINCI Construction, focused on the design and construction of infrastructure and buildings, was the largest single business line at about 44.4%, while VINCI Immobilier, the property development business operating mainly in France, contributed about 1.6%.[P-96c7f888db3a406bbaea834bd755906f][P-d8478d1c44a14f03992be1617c74ea9a][T-1d81e4e288c04a28b2f97943b1473a04]\n[P-a9b6124eba6f41fdb7b12d9da08e4ae9][P-f26203629f604da9b54f9c5cd4c999fb][T-3c7e6155cd7d4d77a4c28cfc998e771c][P-ad330096c86d4f88b7e0b317ea433b1f][P-39a278de07764c4bae7bbbe3db642349][T-1d81e4e288c04a28b2f97943b1473a04][P-baddbb9570c741a6af39750cdc81c74c][P-764d7688eede4df9ba8d36f2109bc392][P-96c7f888db3a406bbaea834bd755906f][P-d8478d1c44a14f03992be1617c74ea9a]", "updatedAt": "2026-03-20T01:24:25.919012Z" }, { "type": "HISTORY", "text": "VINCI traces its origins to 1899, when Alexandre Giros and Louis Loucheur founded Société Générale d’Entreprises (SGE), the company from which VINCI later emerged. [https://www.vinci.com/en/group/our-history] The company’s official history identifies 1966–1988 as a period of absorption by Compagnie Générale des Eaux (CGE), followed by an internationalisation phase from 1988 to 2000. [https://www.vinci.com/en/history] In 2000, SGE changed its name to VINCI and, later that year, shareholders approved the merger with GTM Group, creating the modern VINCI group. [http://www.vinci.com/en/newsroom/press-releases/sge-group-changes-its-name-vinci] [https://www.vinci.com/en/newsroom/press-releases/joint-shareholders-meeting-shareholders-vinci-and-gtm-group-have-approved]\n\nVINCI then expanded strongly in concessions, most notably through the acquisition of 50.37% of Autoroutes du Sud de la France (ASF) in 2006, a step the company said made it the world’s leading integrated concessions-construction group. [https://vinci.com/en/newsroom/press-releases/5037-asfs-capital-acquired-vinci-asfs-board-directors-recommends] [https://www.vinci.com/newsroom/communiques-presse/avec-asf-vinci-devient-le-premier-groupe-mondial-integre-de] The group also built up its airport activities over the following decade: the VINCI Airports name was already in use in 2007, and in 2013 VINCI completed the acquisition of ANA, the Portuguese airports concession company, a major milestone in its international airport expansion. [https://www.vinci.com/en/newsroom/press-releases/keolis-vinci-airports-flight-plan-management-decentralised-airports] [https://www.vinci.com/vinci.nsf/en/press-releases/pages/20130917-1345.htm] In 2016, VINCI Airports extended that platform further with the acquisition of AERODOM, operator of six airports in the Dominican Republic. [https://www.vinci.com/en/newsroom/press-releases/vinci-airports-finalises-acquisition-aerodom-which-holds-concession-six]\n[https://www.vinci.com/en/group/our-history][https://www.vinci.com/en/history][http://www.vinci.com/en/newsroom/press-releases/sge-group-changes-its-name-vinci][https://www.vinci.com/en/newsroom/press-releases/joint-shareholders-meeting-shareholders-vinci-and-gtm-group-have-approved][https://vinci.com/en/newsroom/press-releases/5037-asfs-capital-acquired-vinci-asfs-board-directors-recommends][https://www.vinci.com/newsroom/communiques-presse/avec-asf-vinci-devient-le-premier-groupe-mondial-integre-de][https://www.vinci.com/en/newsroom/press-releases/keolis-vinci-airports-flight-plan-management-decentralised-airports][https://www.vinci.com/vinci.nsf/en/press-releases/pages/20130917-1345.htm][https://www.vinci.com/en/newsroom/press-releases/vinci-airports-finalises-acquisition-aerodom-which-holds-concession-six]", "updatedAt": "2026-03-20T01:24:25.919012Z" } ], 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