Vinci : Après l’excellent S2, qu’attendre de 2021 ?
>Génération de cash : 2020 pas extrapolable, mais quand même… - Une des principales bonnes surprises de la publication des résultats 2020 (voir notre commentaire du 5 février) était clairement la génération de FCF à 3,99 Md€ proche du 4,2 Md€ de 2019 (alors que l’EBITDA était en baisse de 33%). Lors de la conférence téléphonique qui a suivi la publication, le management de Vinci a expliqué que cette performance était en grande partie permise par les encaissements réal...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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