2024 Universal Registration Document

Concessions

In 2024, traffic remained resilient across the VINCI Autoroutes network, which is used by 2.6 million drivers on average each day.

VINCI Autoroutes continued to make progress on its major project management programme to upgrade the infrastructure and ensure it remains in good working order.

Its innovation policy favours decarbonising motorway mobility, already well under way with the rise of long-distance electric mobility, having equipped 100% of its service stations with electric vehicle charge points.

Economic data

Traffic remained stable across the VINCI Autoroutes network throughout the year. Despite the farmers’ protests that affected the entire network for several weeks in the first half of 2024, light vehicle traffic rose slightly (0.1%) over the year, while heavy vehicle numbers contracted 0.8%. Over a longer timeframe, traffic growth reflects the central position of road mobility in France, as well as the vital role motorways play in supporting the regional economy and communities, whether for local everyday mobility or regional, national and international trade and business travel.

In these conditions, VINCI Autoroutes’ revenue totalled €6.6 billion, while investments exceeding €600 million financed new interchanges, upgrade work and network improvements, as well as road surfacing and infrastructure upkeep and maintenance.

At 31 December 2024, the net financial debt of VINCI Autoroutes companies amounted to €16.2 billion.

Infrastructure

Construction and the environmental footprint of projects

VINCI Autoroutes pursued its construction programme, which positions the company as one of the leading public works programme managers in France. Taking into account all projects, from major works to motorway maintenance programmes, nearly 600 operations were under way across its network in 2024.

The most significant project, which involves widening a 7 km section of the A57 crossing greater Toulon in south-east France, will be completed in 2025. It also includes creating a lane on the hard shoulder reserved for buses, coaches and emergency vehicles, as well as safe bus stops connected to multimodal transport hubs, in line with the local future public transport plan.

Under concession company plan contracts and the motorway investment plan, co-financed by VINCI Autoroutes and the local authorities concerned, several interchange projects were completed or continued to improve local connections as well as make mobility more fluid and journeys safer in areas undergoing constant development.

  • On the A11, the reconfigured Porte de Gesvres interchange at the junction with the Nantes ring road opened to traffic in June 2024. The works consisted of widening the ring road’s north and east sections to a two-lane dual carriageway and adding a lane in both directions between the Porte de Rennes and Porte de la Chapelle access points.
  • On the A8, the new Monaco exit slip road and the renovation of the Mougins interchange and the Menton entry slip road were completed in 2024.
  • On the A51, improvement works to the Cadarache interchange in south-east France, which provides access to the CEA (French Alternative Energies and Atomic Energy Commission) research centre, were completed over the summer.
  • On the A680 interchange ramp, the work to widen a 7.6 km section of an existing road and build the Verfeil interchange at the junction with the future A69 motorway near Toulouse is scheduled for completion in 2025.
  • On the A7, work began in 2024 to build the slip roads at Salon nord and Vienne sud.

These projects systematically include environmental rehabilitation works. On the Porte de Gesvres interchange project (A11), the system of catchment basins was designed to collect and treat all run-off from the motorway in the event of heavy rainfall, before discharging water back into the environment. VINCI Autoroutes is also working on projects with an entirely environmental purpose. For example, four reservoirs were built along the A51 to complete the motorway water retention system to better protect the collection of drinking water in 21 towns in Alpes-de-Haute-Provence and Vaucluse.

Over €600m was invested to build interchanges and to maintain, improve and upgrade the network in 2024.