Nuvia (9% of revenue), which specialises in projects, services and products in highly regulated industrial environments, mainly in the nuclear sector, posted healthy growth. It won new contracts, notably in France with EDF (for comprehensive site work assistance at the Gravelines nuclear power plant in the north of the country) and with the French Alternative Energies and Atomic Energy Commission (to dismantle a cell at the Marcoule site in the south), in Sweden (decommissioning of two reactors at the Ringhals power plant on the Värö peninsula) and in Greece (characterisation and repackaging of legacy waste). Nuvia has also been active in the UK (maintenance and upgrading of the national Radiation Monitoring Network), Abu Dhabi (spent resin retrieval system at the Barakah nuclear power plant) and Canada (soil decontamination in the Port Hope region of Ontario). It acquired two companies in 2024: MBO Groupe in France (500 employees, annual revenue of approximately €80 million) and TSSD Services Inc. in the US.
Sixense (3% of revenue) enjoyed continued growth, driven in particular by instrumentation and monitoring contracts associated with major infrastructure projects in Europe (France, UK, Romania), North America and Oceania, alongside ongoing activities relating to the maintenance and testing of engineering structures and buildings. To maintain its high level of expertise, Sixense has continued to invest in digital technology developments and innovation most specifically in artificial intelligence, which is transforming how data is processed and analysed and has broadened the range of services it offers to support infrastructure operators in their efforts to adapt to climate change.
Proximity Networks
Revenue generated by VINCI Construction’s third pillar amounted to €23.2 billion, up 1.5% compared with 2023.
Metropolitan France
Revenue grew slightly (1.8% to €12.2 billion) despite the volatile political and economic situation and selective policy aimed at improving Ebit margin. VINCI Construction was able to take full advantage of its high backlog and diverse markets.
Building France (30% of revenue). Business remained stable thanks to projects for new public buildings, particularly hospitals, and refurbishments, which offset shrinking private residential and office property markets. In general terms, thanks to its leading position in France, VINCI Construction can harness both its ability to carry out large, complex operations as a prime contractor and its local presence, which generates a steady flow of contracts.
In 2024, the division began, continued or completed work on more than 2,590 projects. The following examples illustrate the wide variety of jobs it handled.
- Business property: The Link in La Défense (west of Paris); the new administrative centre in Toulouse (Haute-Garonne); the Solférino reversible complex in the EuroRennes urban development zone (Ille-et-Vilaine); the École Buissonnière in Rouen (Seine-Maritime); the M+ mixed-use building in Lyon (Rhône), which will comprise 24,400 sq. metres of modular office space over seven storeys.
- Healthcare: the new university hospital in Nantes (Loire-Atlantique) the largest hospital construction project of its kind in Europe as well as a number of other projects within the hospital campuses of Rouen, Rennes, Reims (Marne), Lens (Pas-de-Calais), Caen (Calvados), Nîmes (Gard) and Montpellier (Hérault); the Nouveau Lariboisière hospital in Paris; the upgrading of the Sainte-Marie hospital complex in Privas (Ardèche), which specialises in psychiatric care; Sanofi’s new facilities in Neuville-sur-Saône, outside Lyon, which were inaugurated in September 2024 and house the world’s first modular biological drug and vaccine manufacturing plant.
- Industrial and logistics buildings: a plant for Envision AESC, a Japanese company that will manufacture electric batteries for Renault, near Douai (Nord), to be completed in 2025; a plant-protein processing plant for Intact in La Baule (Loire-Atlantique); a logistics hub for Thales in Cholet (Maine-et-Loire); the Banque de France’s printing works in Vic-le-Comte (Puy-de-Dôme); logistics and office complexes for Sartorius Stedim Biotech in Aubagne (Bouches-du-Rhône) and Pompac in Rosières-aux-Salines (Meurthe-et-Moselle).
- Education and research: the new department of economics and management at Aix-Marseille University in Aix-en-Provence (Bouches-du-Rhône) ; the Pas-de-Calais public records office in Dainville; the Gustave Courbet middle school in Gonfreville-l’Orcher (Seine-Maritime), built as part of a comprehensive energy performance contract; conversion of the former buildings of Télécom Paris (a public engineering school and research university); the Tangram training and innovation centre for CMA CGM in Marseille (Bouches-du-Rhône).
- Arts, culture and heritage: the future Maison LVMH-Arts Talents Patrimoine, in the Bois de Boulogne (a park in the west of Paris); conversion of the former Louvre des Antiquaires building into a venue for the Fondation Cartier pour l’Art Contemporain, in Paris; the Palais des Congrès (convention centre) in Nîmes; a library for the greater Clermont-Ferrand area (Puy-de-Dôme); the Centre Pompidou Francilien-Fabrique de l’Art complex in Massy (Essonne); L’Illiade, a new exhibition centre in Chartres (Eure-et-Loir). The subsidiaries specialised in heritage-related projects were also involved in the restoration of Notre-Dame cathedral and the National Assembly building in Paris, as well as the Mont-Saint-Michel (Manche) and the Roquefavour aqueduct (Bouches-du-Rhône).
- Sports and leisure: two key projects for the Paris 2024 Olympic and Paralympic Games were handed over: the Universeine development programme led by VINCI Immobilier in the Athletes’ Village north of Paris and the Roucas-Blanc nautical stadium in Marseille; other projects included the Cazalet swimming pool in Pessac (Gironde) and the La Meinau stadium in Strasbourg (Bas-Rhin).
- Hotels and luxury real estate: the voco® hotel in Beaune (Côte-d’Or); building of a tourist residence in La Salle-les-Alpes (Hautes-Alpes) and a 96-room 4-star hotel adjoining the Royal Palace music hall in Kirrwiller (Bas-Rhin).
- Housing: VINCI Construction was involved in numerous projects throughout France, encompassing student residences Îlot des Poiriers in Villetaneuse (Seine-Saint-Denis) and Belle-Beille campus in Angers (Maine-et-Loire); retirement homes in Montauban (Tarn-et-Garonne), Dijon (Côte-d’Or), Sainte-Marie-d’Alloix (Isère) and Belfort (Territoire de Belfort); co-living residences including Cité Internationale de la Recherche in Nanterre (Hauts-de-Seine), Olympium in Villeneuve-d’Ascq (Nord) and Les Jetées in Huningue (Haut-Rhin); and large-scale developments such as the Silvatower in Bordeaux (Gironde), the Îlot Saint-Germain and Picpus complexes in Paris, and the conversion of France’s oldest secondary school into 217 housing units in Juilly (Seine-et-Marne).
1As soon as the structural work was completed on The Link, a landmark project in La Défense involving three divisions of VINCI Construction’s network of local companies in France as well as VINCI Energies, topping-out work began.
2In 2024, teams from Civil Engineering France and Specialty Networks completed the Empalot footbridge - since renamed the Anita Conti footbridge -, a 140-metre cable-stayed structure providing additional access to the Île du Ramier in Toulouse.