The good momentum in order intake over the year particularly in the United Kingdom, Oceania and North America, and at specialist subsidiaries took the order book to a record level. New business rose by 7% in 2024, to €35 billion or over 13 months of average business volume at year-end, enabling the business line to confidently pursue its selective approach.
Despite a more uncertain economic and geopolitical environment, VINCI Construction can continue to draw on its broad spectrum of expertise, geographical diversification and decentralised organisation to keep its business model resilient, produce revenue close to 2024 levels and further improve its operational performance.
In the medium term, the business line will continue to benefit from major industry trends, which are already visible in the type of projects currently under way and will generate many new business opportunities going forward. Global climate change mitigation and adaptation targets call for significant upgrades in the infrastructure that sustains power grids, water management, low-carbon transport, as well as climate resilience. As regards building activities, efforts to reduce energy consumption and carbon emissions, combined with urban development and changes in the way we live and work, are expected to give rise to a growing volume of new projects.
VINCI Construction will be developing new expertise, products and services to provide workable and sustainable solutions to advance the environmental transition, while pushing ahead with its efforts to reduce its direct footprint.
