VINCI : If you liked 2023 then you’ll love 2024!
>Feedback on the full-year publication - Comments on the full-year results are available in the flash published on 8 February (“FCF only limited by imagination”), and below are our key takeaways from the conference call. The CFO was reluctant to risk issuing guidance on 2024 FCF arguing a degree of volatility/unpredictability. That said, comments on the subject and the stance taken by the management teams largely appears to be the quest for better cash generation. For...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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