The good momentum in order intake both in recurring business and in major projects has led to a satisfactory replenishment of the order book, which reached €32.7 billion at the end of 2023. Bolstered by the visibility this high level provides, VINCI Construction will continue taking a highly selective approach to new business and focus on improving its Ebit margin, by targeting projects that create the most value.
Despite an uncertain geopolitical and macroeconomic environment, VINCI Construction will be able to continue to chart its course by drawing on its broad spectrum of expertise, geographical diversification and organisational model. The latter combines strong local roots with the ability to mobilise teams to form networks, thus generating a wide variety of contracts ranging from local jobs and maintenance operations to large scale projects.
In the medium and long term, VINCI Construction will continue to benefit from strong underlying trends. The energy transition will undoubtedly generate substantial opportunities in infrastructure projects energy grids, water management, low carbon transport, climate resilient structures which already account for a growing share of new business. Similarly, building and urban development activities will benefit from the focus on environmental issues and on the challenges of urbanisation and its impact on how people live and work.
Against this backdrop, the business line will accelerate the development of production and construction processes that reduce the environmental footprint of its activities and that of the buildings and infrastructure it builds. Developing a value chain for the recycling of materials and regeneration of natural environments and spaces will also lend momentum to the environmental transition, while consolidating VINCI Construction’s strong position in these markets.
