Vinci : Is another good year in prospect in 2020?
>Some scattered cloud only just in sight in 2020 - After the good earnings release for 2019 (see our article published on 5 February), Vinci’s management seemed fairly confident about the 2020 outlook despite a comparison base effect which is becoming more difficult in most businesses.The group is expecting growth in motorway traffic to be “in line with GDP growth†(ODDO BHF +1%). While the comparison base effect is set to be difficult in Q4 2020 (+14.8% in Q4 20...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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