A resilient business model combined with a sustainable growth strategy
VINCI’s business model is stable in its fundamentals and can be applied to ever-expanding geographies and areas of expertise. This stability and versatility are what gives it such immense resilience. The Group’s strategy is to adapt and hone this robust model as it continues to develop across its three businesses – Concessions, Energy and Construction. VINCI is also harnessing its innovation capacity while engaging in the environmental transition to achieve responsible, sustainable growth.
Since September 2022, the Faro airport, operated by VINCI Airports, has had its own solar power station to ensure a supply of low-carbon electricity. VINCI Energies carried out the work, installing 6,440 photovoltaic panels and connecting the solar farm to the airport’s internal electricity network.
BUSINESS MODEL
VINCI’s business strategy has long been built around the complementary nature of its concessions, energy and construction activities. The Group has never ceased to expand its business model, moving from electricity concessions in the early 20th century into motorway, airport and renewable energy concessions in the 21st, and from building and infrastructure construction into specialist activities in civil engineering and information technologies. As it has diversified its areas of expertise, so has VINCI entered more and more international markets. In 2022, for the first time ever, the Group generated more of its revenue outside the country than in France – nearly 55%.
In addition to a broad range of businesses and markets, VINCI gains its resilience from its management approach. The Group’s highly decentralised organisation and supportive management culture give its companies and people tremendous agility in adapting to changes and unpredictability in their environment.
Drawing on these solid, shared fundamentals, VINCI will continue to implement its long-term strategy and to develop its three core businesses.