Nanterre (dpa -AfX) – The French infrastructure group Vinci exceeded the market expectations in the operational result last year. The result before interest and taxes from the ordinary business activity rose by around 8 percent to 9.0 billion euros, as the company announced on Thursday after the Aviation closing in Nanterre. Analysts had expected less. Sales climbed by 4 percent to 71.6 billion euros. The bottom line was that profit increased by a good 3 percent to 4.9 billion euros, the dividend is expected to increase by 25 cents to 4.75 euros.
If the effects of a higher corporate tax are disregarded, management also expects more sales and more profit in the new year. Vinci is a construction and energy group and also operates airports and toll roads. Chief Xavier Huillard spoke of higher passenger numbers on the airports than before Covid pandemic, and the energy business has developed particularly strongly. He looks at a record -high order stock in the division with energy and construction/men/he
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