Metropolitan France
Revenue rose by 3.8% to €11.6 billion. VINCI Construction finished the organisational restructuring of its local companies in France, which now break down into four divisions (Building France, Civil Engineering France, Road France and Networks France) comprising nearly 500 business units and more than 43,000 employees. The new organisation is focused on leveraging operational excellence for the benefit of its customers, allowing each business line to concentrate on its own performance while fostering synergy in expertise and innovation, in order to effectively assist the transformation of construction markets and the renewal of construction methods.
BUILDING FRANCE (29% of revenue). As it continued to apply its highly selective policy, the division was able to maintain a stable revenue, which was equally spread across the Greater Paris area and other regions, while preserving its operating margin rate. Order intake rose sharply (16%), driven by transformational projects that showcase VINCI Construction’s ability to carry out complex operations as a prime contractor, such as the hospital complexes in Nantes (Loire) and Caen (Normandy) or the Nouveau Lariboisière hospital in Paris, and the Le Nouveau 167 project in Neuilly sur Seine, a suburb west of Paris (254 housing units and a range of cultural amenities and municipal technical buildings).
The division is active across all building markets and began, continued or completed work on more than 2,420 projects. Following are some examples that illustrate the wide variety of projects it handled:
Business or industrial real estate: high-rises such as the DUO towers in Paris, The Link (TotalEnergies’ new head office), the Hekla and Aurore towers in La Défense (west of Paris), the To-Lyon tower in Lyon (Rhône), the Etic and Lead buildings in Montpellier (Hérault), the new regional headquarters of the Caisse des Dépôts in Bordeaux (Gironde), the Data Valley campus near Toulouse (Haute-Garonne), Sanofi’s new biological drug and vaccine manufacturing unit in Neuville-sur-Saône (Rhône), and Colruyt’s future logistics hub in Choisey (Jura).
Healthcare: various projects for hospitals located in Reims (Marne), Abbeville (Somme) and Rennes (Ille-et-Vilaine), the new Princess Grace hospital in Monaco, the Bordeaux Nord Aquitaine polyclinic, the SaintGeorge polyclinic in Nice (Alpes-Maritimes), as well as the central pharmacy and logistics platform for the hospital in Vesoul (Haute-Saône).
Education and research: the Agro Paris-Saclay Campus, the École de Design Nantes Atlantique, the École Supérieure des Métiers Artistiques (Cinema section) in Bordeaux.
Arts and culture: in Paris, refurbishment of the Hôtel de Coulanges and conversion of the former Louvre des Antiquaires building into a venue for contemporary art.
Sports and leisure: the LDLC Arena near Lyon, the Arena Saint-Étienne Métropole (Loire), the new AS Monaco Performance Centre in La Turbie (Alpes-Maritimes), the Tabarly nautical base in Sète (Hérault), as well as two key projects for the upcoming worldwide sports events of 2024: the Universeine development project led by VINCI Immobilier within the athletes’ village programme (in Seine-Saint-Denis), and the Roucas Blanc nautical stadium in Marseille (Bouches-du-Rhône).
Hotels and luxury real estate: the Courtyard and Residence Inn by Marriott in Roissy-en-France (Val-d’Oise), the Testimonio II complex in Monaco (combining foundation, civil engineering and building operations), the renovation and extension of the Carlton hotel in Cannes (Alpes-Maritimes) and the rehabilitation of the Grand Hôtel du Parc in Aix-les-Bains (Savoie).
Heritage and historical monuments: the Bibliothèque Nationale de France’s Richelieu site in Paris, the former accommodations at the Abbaye des Prémontrés in Pont-à-Mousson (Meurthe-et-Moselle), the facades of the Capitole (Toulouse’s city hall) and the Textile Arts and Decorative Arts Museum in Lyon.
Housing: VINCI Construction carried out numerous projects throughout France, ranging from student residences and retirement homes to housing developments such as the Carré de l’Arsenal project in Rueil-Malmaison (Hauts-de-Seine) and the Ascension Paysagère project for the Îlot de l’Octroi redevelopment area in Rennes, and on to the refurbishment of the Rathelot barracks in Nanterre (Hauts de Seine) and the renovation of 139 housing units at the Cité des Alouettes in Bully-les-Mines (Pas-de-Calais). At the same time, VINCI Construction continued to roll out its Primméa range of residences designed with first-time home buyers in mind, with some 20 projects in the marketing, construction or study phase.
At the project preparation stage, the Adim network worked on the real estate development operations and financial structuring for some 100 projects of all types (urban programmes, office buildings and residential properties), such as the redevelopment of the former Terrot factory site in Dijon (Côte-d’Or), the Aubette-Martainville urban development zone in Rouen (Seine-Maritime), the Agora mixed use programme in Lille (Hauts-de-France) or the co-living residence among other spaces in the Cité Internationale de la Recherche in Nanterre.
The DUO towers (180 and 122 metres) built by VINCI Construction bring to a close the project to reinvigorate the Masséna neighbourhood in south-east Paris.