Vinci : A good Q3 especially at Eurovia
>Sales ~3% ahead of expectations - Dynamic and reassuring tone in this depressed financial market environment. Positive impact: 1/ Q3 sales, i.e. 2.8% > estimates (€ 11.7bn /+9.5%/+4.3% l-f-l vs € 11.4bn est. / +6.5%e/2.8%e l-f-l). The contracting division topped expectations (in all business lines), the concessions division was in line (thanks to airports / motorways business in line / “other concessions†shy of expectations); 2/ order intake reflected an acceleratio...Vinci is engaged in building, civil engineering and facilities management. Through its subsidiaries, Co. is engaged in five divisions comprising of: the Building division which provides retail solutions including construction and fit-out in both the retail and commercial sectors; the Civil Engineering division; the Air division which provides program management, engineering and construction services to customers with airport infrastructure requirements; the Technology division; and the VINCI Facilities division which provides facilities management, repair and maintenance and small works in both the private and public sectors.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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