VINCI : Q3 sales: unchanged trajectory
>Q3 set to be in the same vein as H1 - VINCI is due to report its Q3 2024 sales on 24 October after trading. We expect Q3 2024 sales to rise by 4.1%e to € 19.015bn (after +3.8% in H1) driven by solid growth for VINCI Energy (+4.1%e; after +3.6% l-f-l in H1), for Cobra IS (+8%e; after 7.5% l-f-l in H1) and Concessions (+9.3%e; after 5.8% in H1) thanks to a good performance from airports and the integration of Edinburgh. VINCI Construction is set to see slower growth of...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.
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