Activity across the Energy business is set to remain buoyant, driven by the energy transition and the digital revolution. These two powerful fundamental trends are driving up demand for energy as well as the need for faster decarbonisation of infrastructure, buildings and industrial sites.
Against this backdrop and on the strength of its high order book, VINCI Energies’ revenue should see further organic growth in 2024, albeit on a smaller scale than in 2023. In addition, it will continue to benefit from the breadth of the expertise it has deployed worldwide, as well as from its ability to integrate new companies. Its proactive approach to supporting customers in their energy and digital transformation will help to sustain this momentum.
Cobra IS is also set to continue its growth trajectory, driven by both a good level of performance in its flow business and the ramp-up of recently won major EPC (engineering, procurement and construction) projects. New projects will come in and enhance its renewable energy asset portfolio, which boasted 2 GW of capacity in operation or under construction at the end of 2023.
