The French construction and infrastructure company reported a net profit of EUR 4.86 billion (previous year: EUR 4.7 billion), exceeding analysts' estimates of EUR 4.67 billion.
Turnover rose from 68.84 billion euros in the previous year to 71.62 billion euros. Analysts had expected an average of 71.18 billion euros.
Earnings before interest, taxes, depreciation and amortization amounted to 12.69 billion euros after 11.96 billion euros in the previous year. Analysts had expected EBITDA of 12.54 billion euros.
Vinci also announced that it has appointed company veteran and current Chief Operating Officer Pierre Anjolras as its new Chief Executive Officer.
Looking ahead, VINCI expects a further increase in sales and profits, excluding the impact of higher corporate taxes in France.
