VINCI announced its financial results for the full year 2025, reporting a 4.2% increase in revenue to €74.6 billion and a rise in operating income to €9.6 billion. The company’s net income attributable to owners grew slightly to €4.9 billion, or by 10% excluding an exceptional tax contribution. Free cash flow reached a record €7.0 billion, supported by improved operational efficiency and disciplined capital management. VINCI’s net financial debt decreased by €1.3 billion to €19.1 billion.
The company’s three main business segments—Concessions, Energy Solutions, and Construction—all showed growth. Concessions revenue rose 5%, driven by strong traffic at airports and motorways, while Energy Solutions grew 8%, benefiting from increased demand in electrification and digital infrastructure. Construction revenue remained stable with a slight increase of 1%, supported by ongoing projects in infrastructure and climate resilience. VINCI also announced a proposed dividend increase to €5.00 per share for 2025.
**Why this matters**
VINCI’s solid financial performance and record free cash flow demonstrate resilience amid global economic and geopolitical uncertainties. The company’s diversified portfolio and international presence, with nearly 60% of revenue generated outside France, position it well for continued growth. Its focus on sustainable infrastructure and energy transition aligns with long-term market trends, supporting its outlook for further revenue and earnings growth in 2026.
Source: NewsData