THE ALLIANZ RIVIERA (NICE)
had 20 French Ligue 1 soccer matches, one Coupe de France match and a friendly played by its resident club, OGC (Olympique Gymnaste Club) Nice. The stadium also hosted a French national soccer team friendly on 2 June against Wales, which was closed to the public due to the health restrictions. In addition, two vaccination days were organised in August in preparation for the return of resident club spectators.
THE MMARENA (LE MANS)
hosted 18 soccer games played by its resident club Le Mans FC and a soccer match between France Espoirs (national young players team) and North Macedonia.
CONCESSIONS OUTLOOK
Following the positive trends observed in the second half of 2021, traffic on the French motorway network – barring exceptional events – should continue to grow and exceed the 2019 level over 2022 as a whole. Continued improvement in traffic is also anticipated on road infrastructure outside France.
In the airports sector, unless the public health situation worsens further, the improvement observed since the summer of 2021 is expected to continue, especially in Europe and the Americas. VINCI Airports passenger traffic could recover to around 60% of the 2019 level (base case scenario) in 2022, driven by domestic and intracontinental flights and VFR (visiting friends and relatives) in its business mix. VINCI Airports will also continue to optimise its costs and investments, while honouring its contractual and regulatory obligations. In these circumstances, it could report net earnings close to breakeven in 2022.
Over and above short-term uncertainties linked to the health crisis that has not yet stabilised, concessions should be analysed with respect to their long-cycle economic rationale, whether this means their business model, the growing mobility needs underlying their markets, the public service projects they undertake for authorities, or their relations with users. Building on that analysis, VINCI’s concessions business lines will continue to strengthen partnerships with the regions in which they operate as key players, and develop services that improve mobility and the travel experience, with a particular emphasis on digital technology.
The concessions business lines will also play a key role in implementing the Group’s environmental ambition. Following on from the actions already taken, they will step up development of solutions to reduce the direct footprint of their business activities and support users of road infrastructure and airline companies in their efforts to decarbonise mobility. The investments made and the innovative initiatives pursued by the Group, alongside its industrial and financial partners, should lead to significant advances, most notably in the field of hydrogen-powered vehicles and aircraft.