Vinci outlines growth opportunities for Vinci Energies at CMD

Vinci projected a strong future for its Vinci Energies division, anticipating significant growth in margins, cash flow, and returns.

Vinci outlines growth opportunities for Vinci Energies at

CMD During its capital markets day on Friday, the Paris-based infrastructure and construction giant outlined Vinci Energies’ outlook through 2030. The company expects annual revenue growth to average in the mid-to-high single digits between 2024 and 2030, with an operating margin of at least 7.5% by 2030 and average cash conversion of at least 100% over the period. Vinci attributed this optimism to the “excellent positioning” of Vinci Energies’ business units both in France and internationally. The division was described as "unique and efficient," offering a “sustainable quality of earnings” supported by structural growth drivers.

Outlook on revenue

By 2030, revenue from operations outside France is expected to account for 65% of Vinci Energies’ total income. The company also estimates that the division’s enterprise value could exceed €20 billion by 2030, compared to an average valuation of less than €16 billion by sell-side analysts in early November. Vinci outlined its growth strategy, which includes scaling core markets, expanding beyond Europe, and leveraging digital and IT solutions. Key target markets for expansion include North America, Singapore, Australia, and New Zealand. “Major global challenges such as the energy transition, digital transformation, and emerging needs around sustainable mobility and communication are driving Vinci Energies’ growth potential and that of the group as a whole to unprecedented levels,” Vinci said in a statement. The company emphasized that its business model, combining concessions, energy, and construction, is well-positioned to capitalize on these global opportunities.