2023 UNIVERSAL REGISTRATION DOCUMENT

Construction

Construction of a precast concrete plant for the 89 sections of the Fehmarnbelt tunnel, the world's longest immersed tunnel, in Denmark was completed in August 2023.

In 2023, VINCI Construction took its long-standing commitment to the circular economy one step beyond its Granulat+ materials recycling programme by launching Ogêo, an innovative line of aggregates. Ogêo aggregates combine primary resources (extracted from the quarries operated by the business line) and secondary resources (local materials from deconstruction and recycling), and are formulated to guarantee top performance, whether in concrete mixes or when used in roadworks and urban projects. VINCI Construction is also rolling out advanced techniques for in-situ recycling of road surfaces, aimed at reusing or recycling up to 70% of old asphalt mix while halving the carbon footprint of road maintenance or renovation projects. Lastly, while biodiversity protection measures are systematically implemented on worksites, preserving natural environments has become an area of expertise and an avenue for diversification in some of the business line’s divisions. This is reflected in the development of ecological engineering services (including Equo Vivo), particularly as regards hydromorphic restoration of waterways, and of solutions to cool down urban spaces. With a new offering launched in 2023 called Revilo®, VINCI Construction is deploying an integrated solution where plants, water, soil and pavement surfaces combine to reduce the effects of heat islands.

MAJOR PROJECTS

Following brisk growth in 2022, revenue rose by a further 16.6% to €3.9 billion in 2023. Buoyed by strong intake, orders reached a record level of €7.5 billion at the end of the year, representing 23 months’ average business activity. Design-build projects for transport infrastructure contributed significantly to boosting business. The Major Projects Division is carrying out several of these large-scale projects, mainly in Europe and the Americas, and in most cases in synergy with companies in VINCI Construction’s networks of specialist subsidiaries and local companies.

  • In France, business was dominated by projects in connection with the Grand Paris Express  currently Europe’s largest urban transport programme  with the completion of civil engineering work on lines 15 South and 14 South and the continuation of work on Line 18 (underground and overhead sections). Moreover, the division, alongside VINCI Energies, was awarded the first design-build contract put out by Société des Grands Projets (formerly Société du Grand Paris), in connection with the first section of Line 15 West. It will involve building 14 km of tunnels, five metro stations, tail tracks and 16 service structures.