2025 Universal Registration Document

General and financial elements

The Taxonomy Regulation has been supplemented by four delegated acts approved between 2021 and 2023, specifying the technical screening criteria for the six objectives and the content, methodology and presentation of information to be disclosed. For 2025, VINCI is applying the provisions of the Commission Delegated Regulation of 4 July 2025, which amends the Taxonomy Disclosures, Climate and Environmental Delegated Acts.

For the first two objectives of the EU Taxonomy relating to climate change, a Taxonomy-eligible activity that contributes to reaching a net zero emissions target by 2050 qualifies as a “transitional activity”. If it enables other activities to reduce their CO2 emissions, it qualifies as an “enabling activity”.

The Group’s assessment to determine the alignment of its activities was based on a detailed analysis, taking into account existing processes, reporting systems and conservative management assumptions. The significant elements of this methodology – assumptions, interpretations, clarifications and limitations – are described in paragraph 5.4.4, “EU Taxonomy KPIs”, of the methodology note, page 291. The Group could eventually revise this methodology and the corresponding figures in line with regulatory changes, interpretations and advances in its EU Taxonomy reporting process. To date, VINCI has not established an investment plan to increase the percentage of its Taxonomy-aligned revenue.

2.1.1.1 Eligibility and alignment of VINCI’s revenue

In 2025, 48% of VINCI’s revenue was eligible for and 26% was aligned to the six objectives of the EU Taxonomy.

Eligibility and alignment of VINCI’s revenue

EU Taxonomy activities

(in € millions)

Objective(*) Eligible revenue in 2025 Eligible revenue in 2025 (%) Eligible revenue in 2024 (%) Aligned revenue in 2025 Aligned revenue in 2025 (%) Aligned revenue in 2024 (%) Aligned revenue / Eligible revenue in 2025 (%) Aligned revenue / Eligible revenue in 2024 (%)
4.9 Transmission and distribution of electricity

4.9 Transmission and distribution of electricity

Objective

(*)

CCM

4.9 Transmission and distribution of electricity

Eligible revenue in 2025

7,851

4.9 Transmission and distribution of electricity

Eligible revenue in 2025 (%)

11%

4.9 Transmission and distribution of electricity

Eligible revenue in 2024 (%)

8%

4.9 Transmission and distribution of electricity

Aligned revenue in 2025

6,086

4.9 Transmission and distribution of electricity

Aligned revenue in 2025 (%)

8%

4.9 Transmission and distribution of electricity

Aligned revenue in 2024 (%)

6%

4.9 Transmission and distribution of electricity

Aligned revenue / Eligible revenue in 2025 (%)

78%

4.9 Transmission and distribution of electricity

Aligned revenue / Eligible revenue in 2024 (%)

72%

7.1 Construction of new buildings

7.1 Construction of new buildings

Objective

(*)

CCM

7.1 Construction of new buildings

Eligible revenue in 2025

6,441

7.1 Construction of new buildings

Eligible revenue in 2025 (%)

9%

7.1 Construction of new buildings

Eligible revenue in 2024 (%)

9%

7.1 Construction of new buildings

Aligned revenue in 2025

1,127

7.1 Construction of new buildings

Aligned revenue in 2025 (%)

2%

7.1 Construction of new buildings

Aligned revenue in 2024 (%)

1%

7.1 Construction of new buildings

Aligned revenue / Eligible revenue in 2025 (%)

18%

7.1 Construction of new buildings

Aligned revenue / Eligible revenue in 2024 (%)

13%

6.14 Infrastructure for rail transport

6.14 Infrastructure for rail transport

Objective

(*)

CCM

6.14 Infrastructure for rail transport

Eligible revenue in 2025

5,360

6.14 Infrastructure for rail transport

Eligible revenue in 2025 (%)

7%

6.14 Infrastructure for rail transport

Eligible revenue in 2024 (%)

7%

6.14 Infrastructure for rail transport

Aligned revenue in 2025

4,215

6.14 Infrastructure for rail transport

Aligned revenue in 2025 (%)

6%

6.14 Infrastructure for rail transport

Aligned revenue in 2024 (%)

5%

6.14 Infrastructure for rail transport

Aligned revenue / Eligible revenue in 2025 (%)

79%

6.14 Infrastructure for rail transport

Aligned revenue / Eligible revenue in 2024 (%)

79%

7.3 Installation, maintenance and repair of energy efficiency equipment

7.3 Installation, maintenance and repair of energy efficiency equipment

Objective

(*)

CCM

7.3 Installation, maintenance and repair of energy efficiency equipment

Eligible revenue in 2025

2,268

7.3 Installation, maintenance and repair of energy efficiency equipment

Eligible revenue in 2025 (%)

3%

7.3 Installation, maintenance and repair of energy efficiency equipment

Eligible revenue in 2024 (%)

2%

7.3 Installation, maintenance and repair of energy efficiency equipment

Aligned revenue in 2025

1,690

7.3 Installation, maintenance and repair of energy efficiency equipment

Aligned revenue in 2025 (%)

2%

7.3 Installation, maintenance and repair of energy efficiency equipment

Aligned revenue in 2024 (%)

2%

7.3 Installation, maintenance and repair of energy efficiency equipment

Aligned revenue / Eligible revenue in 2025 (%)

75%

7.3 Installation, maintenance and repair of energy efficiency equipment

Aligned revenue / Eligible revenue in 2024 (%)

97%

7.2 Renovation of existing buildings

7.2 Renovation of existing buildings

Objective

(*)

CCM

7.2 Renovation of existing buildings

Eligible revenue in 2025

2,745

7.2 Renovation of existing buildings

Eligible revenue in 2025 (%)

4%

7.2 Renovation of existing buildings

Eligible revenue in 2024 (%)

3%

7.2 Renovation of existing buildings

Aligned revenue in 2025

1,213

7.2 Renovation of existing buildings

Aligned revenue in 2025 (%)

2%

7.2 Renovation of existing buildings

Aligned revenue in 2024 (%)

1%

7.2 Renovation of existing buildings

Aligned revenue / Eligible revenue in 2025 (%)

44%

7.2 Renovation of existing buildings

Aligned revenue / Eligible revenue in 2024 (%)

37%

4.1 Electricity generation using solar photovoltaic technology

4.1 Electricity generation using solar photovoltaic technology

Objective

(*)

CCM

4.1 Electricity generation using solar photovoltaic technology

Eligible revenue in 2025

1,017

4.1 Electricity generation using solar photovoltaic technology

Eligible revenue in 2025 (%)

1%

4.1 Electricity generation using solar photovoltaic technology

Eligible revenue in 2024 (%)

2%

4.1 Electricity generation using solar photovoltaic technology

Aligned revenue in 2025

1,006

4.1 Electricity generation using solar photovoltaic technology

Aligned revenue in 2025 (%)

1%

4.1 Electricity generation using solar photovoltaic technology

Aligned revenue in 2024 (%)

2%

4.1 Electricity generation using solar photovoltaic technology

Aligned revenue / Eligible revenue in 2025 (%)

99%

4.1 Electricity generation using solar photovoltaic technology

Aligned revenue / Eligible revenue in 2024 (%)

53%

4.3 Electricity generation from wind power

4.3 Electricity generation from wind power

Objective

(*)

CCM

4.3 Electricity generation from wind power

Eligible revenue in 2025

1,017

4.3 Electricity generation from wind power

Eligible revenue in 2025 (%)

1%

4.3 Electricity generation from wind power

Eligible revenue in 2024 (%)

1%

4.3 Electricity generation from wind power

Aligned revenue in 2025

970

4.3 Electricity generation from wind power

Aligned revenue in 2025 (%)

1%

4.3 Electricity generation from wind power

Aligned revenue in 2024 (%)

1%

4.3 Electricity generation from wind power

Aligned revenue / Eligible revenue in 2025 (%)

95%

4.3 Electricity generation from wind power

Aligned revenue / Eligible revenue in 2024 (%)

99%

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Objective

(*)

CCM

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Eligible revenue in 2025

999

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Eligible revenue in 2025 (%)

1%

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Eligible revenue in 2024 (%)

0%

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Aligned revenue in 2025

995

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Aligned revenue in 2025 (%)

1%

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Aligned revenue in 2024 (%)

0%

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Aligned revenue / Eligible revenue in 2025 (%)

100%

7.5 Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings

Aligned revenue / Eligible revenue in 2024 (%)

99%

5.9 Material recovery from non-hazardous waste

5.9 Material recovery from non-hazardous waste

Objective

(*)

CCM

5.9 Material recovery from non-hazardous waste

Eligible revenue in 2025

930

5.9 Material recovery from non-hazardous waste

Eligible revenue in 2025 (%)

1%

5.9 Material recovery from non-hazardous waste

Eligible revenue in 2024 (%)

1%

5.9 Material recovery from non-hazardous waste

Aligned revenue in 2025

383

5.9 Material recovery from non-hazardous waste

Aligned revenue in 2025 (%)

1%

5.9 Material recovery from non-hazardous waste

Aligned revenue in 2024 (%)

0%

5.9 Material recovery from non-hazardous waste

Aligned revenue / Eligible revenue in 2025 (%)

41%

5.9 Material recovery from non-hazardous waste

Aligned revenue / Eligible revenue in 2024 (%)

37%

4.28 Electricity generation from nuclear energy in existing installations

4.28 Electricity generation from nuclear energy in existing installations

Objective

(*)

CCM

4.28 Electricity generation from nuclear energy in existing installations

Eligible revenue in 2025

618

4.28 Electricity generation from nuclear energy in existing installations

Eligible revenue in 2025 (%)

1%

4.28 Electricity generation from nuclear energy in existing installations

Eligible revenue in 2024 (%)

1%

4.28 Electricity generation from nuclear energy in existing installations

Aligned revenue in 2025

448

4.28 Electricity generation from nuclear energy in existing installations

Aligned revenue in 2025 (%)

1%

4.28 Electricity generation from nuclear energy in existing installations

Aligned revenue in 2024 (%)

1%

4.28 Electricity generation from nuclear energy in existing installations

Aligned revenue / Eligible revenue in 2025 (%)

72%

4.28 Electricity generation from nuclear energy in existing installations

Aligned revenue / Eligible revenue in 2024 (%)

81%

5.1 Construction, extension and operation of water collection, treatment and supply systems

5.1 Construction, extension and operation of water collection, treatment and supply systems

Objective

(*)

CCM

5.1 Construction, extension and operation of water collection, treatment and supply systems

Eligible revenue in 2025

607

5.1 Construction, extension and operation of water collection, treatment and supply systems

Eligible revenue in 2025 (%)

1%

5.1 Construction, extension and operation of water collection, treatment and supply systems

Eligible revenue in 2024 (%)

0%

5.1 Construction, extension and operation of water collection, treatment and supply systems

Aligned revenue in 2025

240

5.1 Construction, extension and operation of water collection, treatment and supply systems

Aligned revenue in 2025 (%)

0%

5.1 Construction, extension and operation of water collection, treatment and supply systems

Aligned revenue in 2024 (%)

0%

5.1 Construction, extension and operation of water collection, treatment and supply systems

Aligned revenue / Eligible revenue in 2025 (%)

39%

5.1 Construction, extension and operation of water collection, treatment and supply systems

Aligned revenue / Eligible revenue in 2024 (%)

0%

6.13 Infrastructure for personal mobility, cycle logistics

6.13 Infrastructure for personal mobility, cycle logistics

Objective

(*)

CCM

6.13 Infrastructure for personal mobility, cycle logistics

Eligible revenue in 2025

501

6.13 Infrastructure for personal mobility, cycle logistics

Eligible revenue in 2025 (%)

1%

6.13 Infrastructure for personal mobility, cycle logistics

Eligible revenue in 2024 (%)

0%

6.13 Infrastructure for personal mobility, cycle logistics

Aligned revenue in 2025

37

6.13 Infrastructure for personal mobility, cycle logistics

Aligned revenue in 2025 (%)

0%

6.13 Infrastructure for personal mobility, cycle logistics

Aligned revenue in 2024 (%)

0%

6.13 Infrastructure for personal mobility, cycle logistics

Aligned revenue / Eligible revenue in 2025 (%)

7%

6.13 Infrastructure for personal mobility, cycle logistics

Aligned revenue / Eligible revenue in 2024 (%)

17%

5.4 Renewal of waste water collection and treatment

5.4 Renewal of waste water collection and treatment

Objective

(*)

CCM

5.4 Renewal of waste water collection and treatment

Eligible revenue in 2025

325

5.4 Renewal of waste water collection and treatment

Eligible revenue in 2025 (%)

0%

5.4 Renewal of waste water collection and treatment

Eligible revenue in 2024 (%)

0%

5.4 Renewal of waste water collection and treatment

Aligned revenue in 2025

176

5.4 Renewal of waste water collection and treatment

Aligned revenue in 2025 (%)

0%

5.4 Renewal of waste water collection and treatment

Aligned revenue in 2024 (%)

0%

5.4 Renewal of waste water collection and treatment

Aligned revenue / Eligible revenue in 2025 (%)

54%

5.4 Renewal of waste water collection and treatment

Aligned revenue / Eligible revenue in 2024 (%)

0%

6.15 Infrastructure enabling low-carbon road transport and public transport

6.15 Infrastructure enabling low-carbon road transport and public transport

Objective

(*)

CCM

6.15 Infrastructure enabling low-carbon road transport and public transport

Eligible revenue in 2025

398

6.15 Infrastructure enabling low-carbon road transport and public transport

Eligible revenue in 2025 (%)

1%

6.15 Infrastructure enabling low-carbon road transport and public transport

Eligible revenue in 2024 (%)

0%

6.15 Infrastructure enabling low-carbon road transport and public transport

Aligned revenue in 2025

166

6.15 Infrastructure enabling low-carbon road transport and public transport

Aligned revenue in 2025 (%)

0%

6.15 Infrastructure enabling low-carbon road transport and public transport

Aligned revenue in 2024 (%)

0%

6.15 Infrastructure enabling low-carbon road transport and public transport

Aligned revenue / Eligible revenue in 2025 (%)

42%

6.15 Infrastructure enabling low-carbon road transport and public transport

Aligned revenue / Eligible revenue in 2024 (%)

62%

14.2 Flood risk prevention and protection infrastructure

14.2 Flood risk prevention and protection infrastructure

Objective

(*)

CCA

14.2 Flood risk prevention and protection infrastructure

Eligible revenue in 2025

141

14.2 Flood risk prevention and protection infrastructure

Eligible revenue in 2025 (%)

0%

14.2 Flood risk prevention and protection infrastructure

Eligible revenue in 2024 (%)

0%

14.2 Flood risk prevention and protection infrastructure

Aligned revenue in 2025

57

14.2 Flood risk prevention and protection infrastructure

Aligned revenue in 2025 (%)

0%

14.2 Flood risk prevention and protection infrastructure

Aligned revenue in 2024 (%)

0%

14.2 Flood risk prevention and protection infrastructure

Aligned revenue / Eligible revenue in 2025 (%)

41%

14.2 Flood risk prevention and protection infrastructure

Aligned revenue / Eligible revenue in 2024 (%)

90%

Other eligible activities

Other eligible activities

Objective

(*)

CCM

Other eligible activities

Eligible revenue in 2025

1,608

Other eligible activities

Eligible revenue in 2025 (%)

2%

Other eligible activities

Eligible revenue in 2024 (%)

4%

Other eligible activities

Aligned revenue in 2025

656

Other eligible activities

Aligned revenue in 2025 (%)

1%

Other eligible activities

Aligned revenue in 2024 (%)

2%

Other eligible activities

Aligned revenue / Eligible revenue in 2025 (%)

41%

Other eligible activities

Aligned revenue / Eligible revenue in 2024 (%)

53%

Taxonomy-eligible activities – Climate change objectives Taxonomy-eligible activities – Climate change objectives

Objective

(*)

 

Taxonomy-eligible activities – Climate change objectivesEligible revenue in 2025

32,827

Taxonomy-eligible activities – Climate change objectivesEligible revenue in 2025 (%)

44%

Taxonomy-eligible activities – Climate change objectivesEligible revenue in 2024 (%)

39%

Taxonomy-eligible activities – Climate change objectives Aligned revenue in 2025

19,465

Taxonomy-eligible activities – Climate change objectivesAligned revenue in 2025 (%)

26%

Taxonomy-eligible activities – Climate change objectivesAligned revenue in 2024 (%)

22%

Taxonomy-eligible activities – Climate change objectivesAligned revenue / Eligible revenue in 2025 (%)

59 %

Taxonomy-eligible activities – Climate change objectivesAligned revenue / Eligible revenue in 2024 (%)

55%

3.4 Maintenance of roads and motorways

3.4 Maintenance of roads and motorways

Objective

(*)

CE

3.4 Maintenance of roads and motorways

Eligible revenue in 2025

2,366

3.4 Maintenance of roads and motorways

Eligible revenue in 2025 (%)

3%

3.4 Maintenance of roads and motorways

Eligible revenue in 2024 (%)

1%

3.4 Maintenance of roads and motorways

Aligned revenue in 2025

95

3.4 Maintenance of roads and motorways

Aligned revenue in 2025 (%)

0%

3.4 Maintenance of roads and motorways

Aligned revenue in 2024 (%)

0%

3.4 Maintenance of roads and motorways

Aligned revenue / Eligible revenue in 2025 (%)

4%

3.4 Maintenance of roads and motorways

Aligned revenue / Eligible revenue in 2024 (%)

16%

3.5 Use of concrete in civil engineering

3.5 Use of concrete in civil engineering

Objective

(*)

CE

3.5 Use of concrete in civil engineering

Eligible revenue in 2025

243

3.5 Use of concrete in civil engineering

Eligible revenue in 2025 (%)

0%

3.5 Use of concrete in civil engineering

Eligible revenue in 2024 (%)

0%

3.5 Use of concrete in civil engineering

Aligned revenue in 2025

0

3.5 Use of concrete in civil engineering

Aligned revenue in 2025 (%)

0%

3.5 Use of concrete in civil engineering

Aligned revenue in 2024 (%)

0%

3.5 Use of concrete in civil engineering

Aligned revenue / Eligible revenue in 2025 (%)

0%

3.5 Use of concrete in civil engineering

Aligned revenue / Eligible revenue in 2024 (%)

0%

3.3 Demolition and wrecking of buildings and other structures

3.3 Demolition and wrecking of buildings and other structures

Objective

(*)

CE

3.3 Demolition and wrecking of buildings and other structures

Eligible revenue in 2025

273

3.3 Demolition and wrecking of buildings and other structures

Eligible revenue in 2025 (%)

0%

3.3 Demolition and wrecking of buildings and other structures

Eligible revenue in 2024 (%)

0%

3.3 Demolition and wrecking of buildings and other structures

Aligned revenue in 2025

8

3.3 Demolition and wrecking of buildings and other structures

Aligned revenue in 2025 (%)

0%

3.3 Demolition and wrecking of buildings and other structures

Aligned revenue in 2024 (%)

0%

3.3 Demolition and wrecking of buildings and other structures

Aligned revenue / Eligible revenue in 2025 (%)

3%

3.3 Demolition and wrecking of buildings and other structures

Aligned revenue / Eligible revenue in 2024 (%)

0%

2.3 Collection and transport of non-hazardous and hazardous waste

2.3 Collection and transport of non-hazardous and hazardous waste

Objective

(*)

CE

2.3 Collection and transport of non-hazardous and hazardous waste

Eligible revenue in 2025

38

2.3 Collection and transport of non-hazardous and hazardous waste

Eligible revenue in 2025 (%)

0%

2.3 Collection and transport of non-hazardous and hazardous waste

Eligible revenue in 2024 (%)

0%

2.3 Collection and transport of non-hazardous and hazardous waste

Aligned revenue in 2025

0

2.3 Collection and transport of non-hazardous and hazardous waste

Aligned revenue in 2025 (%)

0%

2.3 Collection and transport of non-hazardous and hazardous waste

Aligned revenue in 2024 (%)

0%

2.3 Collection and transport of non-hazardous and hazardous waste

Aligned revenue / Eligible revenue in 2025 (%)

0%

2.3 Collection and transport of non-hazardous and hazardous waste

Aligned revenue / Eligible revenue in 2024 (%)

0%

2.2 Urban wastewater treatment

2.2 Urban wastewater treatment

Objective

(*)

WTR

2.2 Urban wastewater treatment

Eligible revenue in 2025

268

2.2 Urban wastewater treatment

Eligible revenue in 2025 (%)

0%

2.2 Urban wastewater treatment

Eligible revenue in 2024 (%)

0%

2.2 Urban wastewater treatment

Aligned revenue in 2025

19

2.2 Urban wastewater treatment

Aligned revenue in 2025 (%)

0%

2.2 Urban wastewater treatment

Aligned revenue in 2024 (%)

0%

2.2 Urban wastewater treatment

Aligned revenue / Eligible revenue in 2025 (%)

7%

2.2 Urban wastewater treatment

Aligned revenue / Eligible revenue in 2024 (%)

5%

1.1 Conservation, including restoration, of habitats, ecosystems and species

1.1 Conservation, including restoration, of habitats, ecosystems and species

Objective

(*)

BIO

1.1 Conservation, including restoration, of habitats, ecosystems and species

Eligible revenue in 2025

57

1.1 Conservation, including restoration, of habitats, ecosystems and species

Eligible revenue in 2025 (%)

0%

1.1 Conservation, including restoration, of habitats, ecosystems and species

Eligible revenue in 2024 (%)

0%

1.1 Conservation, including restoration, of habitats, ecosystems and species

Aligned revenue in 2025

25

1.1 Conservation, including restoration, of habitats, ecosystems and species

Aligned revenue in 2025 (%)

0%

1.1 Conservation, including restoration, of habitats, ecosystems and species

Aligned revenue in 2024 (%)

0%

1.1 Conservation, including restoration, of habitats, ecosystems and species

Aligned revenue / Eligible revenue in 2025 (%)

45%

1.1 Conservation, including restoration, of habitats, ecosystems and species

Aligned revenue / Eligible revenue in 2024 (%)

0%

Taxonomy-eligible activities – Other objectives Taxonomy-eligible activities – Other objectives

Objective

(*)

 

Taxonomy-eligible activities – Other objectivesEligible revenue in 2025

3,244

Taxonomy-eligible activities – Other objectivesEligible revenue in 2025 (%)

4%

Taxonomy-eligible activities – Other objectivesEligible revenue in 2024 (%)

2%

Taxonomy-eligible activities – Other objectives Aligned revenue in 2025

148

Taxonomy-eligible activities – Other objectivesAligned revenue in 2025 (%)

0%

Taxonomy-eligible activities – Other objectivesAligned revenue in 2024 (%)

0%

Taxonomy-eligible activities – Other objectivesAligned revenue / Eligible revenue in 2025 (%)

5%

Taxonomy-eligible activities – Other objectivesAligned revenue / Eligible revenue in 2024 (%)

8%

Total eligible activities Total eligible activities

Objective

(*)

 

Total eligible activitiesEligible revenue in 2025

36,072

Total eligible activitiesEligible revenue in 2025 (%)48% Total eligible activitiesEligible revenue in 2024 (%)

41%

Total eligible activities Aligned revenue in 2025

19,613

Total eligible activitiesAligned revenue in 2025 (%)26% Total eligible activitiesAligned revenue in 2024 (%)

22%

Total eligible activitiesAligned revenue / Eligible revenue in 2025 (%)

54%

Total eligible activitiesAligned revenue / Eligible revenue in 2024 (%)

53%

Non-eligible activities

Non-eligible activities

Objective

(*)

 

Non-eligible activities

Eligible revenue in 2025

38,528

Non-eligible activities

Eligible revenue in 2025 (%)

52%

Non-eligible activities

Eligible revenue in 2024 (%)

 

Non-eligible activities

Aligned revenue in 2025

 

Non-eligible activities

Aligned revenue in 2025 (%)

 

Non-eligible activities

Aligned revenue in 2024 (%)

 

Non-eligible activities

Aligned revenue / Eligible revenue in 2025 (%)

 

Non-eligible activities

Aligned revenue / Eligible revenue in 2024 (%)

 

Total VINCI consolidated revenue Total VINCI consolidated revenue

Objective

(*)

 

Total VINCI consolidated revenueEligible revenue in 202574,599 Total VINCI consolidated revenueEligible revenue in 2025 (%)100% Total VINCI consolidated revenueEligible revenue in 2024 (%)100% Total VINCI consolidated revenue Aligned revenue in 2025

 

Total VINCI consolidated revenueAligned revenue in 2025 (%)

 

Total VINCI consolidated revenueAligned revenue in 2024 (%)

 

Total VINCI consolidated revenueAligned revenue / Eligible revenue in 2025 (%)

 

Total VINCI consolidated revenueAligned revenue / Eligible revenue in 2024 (%)