2025 Universal Registration Document

General and financial elements

Energy mixe
Energy mix
(GWh) 31/12/2025 31/12/2024 2025/2024 change
Coal

Coal

31/12/2025

115

Coal

31/12/2024

129

Coal

2025/2024 change

−11%

Petrol

Petrol

31/12/2025

736

Petrol

31/12/2024

692

Petrol

2025/2024 change

+6%

Diesel

Diesel

31/12/2025

5,236

Diesel

31/12/2024

5,553

Diesel

2025/2024 change

−6%

Natural gas

Natural gas

31/12/2025

1,832

Natural gas

31/12/2024

1,560

Natural gas

2025/2024 change

17%

Electricity from fossil sources

Electricity from fossil sources

31/12/2025

613

Electricity from fossil sources

31/12/2024

699

Electricity from fossil sources

2025/2024 change

−12%

Heat, steam, refrigeration from fossil sources

Heat, steam, refrigeration from fossil sources

31/12/2025

5

Heat, steam, refrigeration from fossil sources

31/12/2024

5

Heat, steam, refrigeration from fossil sources

2025/2024 change

−8%

Other fossil energy

Other fossil energy

31/12/2025

497

Other fossil energy

31/12/2024

503

Other fossil energy

2025/2024 change

−1%

LPG LPG31/12/2025307 LPG

31/12/2024

295
LPG

2025/2024 change

+4%
Used oil Used oil31/12/2025163 Used oil

31/12/2024

144
Used oil

2025/2024 change

+13%
Heavy fuel oil Heavy fuel oil31/12/202526 Heavy fuel oil

31/12/2024

64
Heavy fuel oil

2025/2024 change

−59%
Other Other31/12/20251 Other

31/12/2024

 

Other

2025/2024 change

Total fossil energy consumed Total fossil energy consumed31/12/20259,034 Total fossil energy consumed

31/12/2024

9,141
Total fossil energy consumed

2025/2024 change

−1%
% consumption of fossil energy

% consumption of fossil energy

31/12/2025

85%

% consumption of fossil energy

31/12/2024

88%

% consumption of fossil energy

2025/2024 change

−4%

Total electricity of nuclear origin Total electricity of nuclear origin31/12/2025296 Total electricity of nuclear origin

31/12/2024

276
Total electricity of nuclear origin

2025/2024 change

+7%
% consumption of nuclear energy

% consumption of nuclear energy

31/12/2025

3%

% consumption of nuclear energy

31/12/2024

3%

% consumption of nuclear energy

2025/2024 change

−7%

Biofuels

Biofuels

31/12/2025

454

Biofuels

31/12/2024

275

Biofuels

2025/2024 change

+65%

Electricity from renewable sources

Electricity from renewable sources

31/12/2025

768

Electricity from renewable sources

31/12/2024

640

Electricity from renewable sources

2025/2024 change

+20%

Heat, steam, refrigeration from renewable sources

Heat, steam, refrigeration from renewable sources

31/12/2025

8

Heat, steam, refrigeration from renewable sources

31/12/2024

12

Heat, steam, refrigeration from renewable sources

2025/2024 change

−37%

Total renewable energy consumed Total renewable energy consumed31/12/20251,229 Total renewable energy consumed

31/12/2024

927
Total renewable energy consumed

2025/2024 change

+33%
% consumption of renewable energy % consumption of renewable energy31/12/202512% % consumption of renewable energy

31/12/2024

9%
% consumption of renewable energy

2025/2024 change

+29%
Total energy consumption Total energy consumption31/12/202510,559 Total energy consumption

31/12/2024

10,344
Total energy consumption

2025/2024 change

+2%
Consolidated net income (from VINCI’s consolidated financial statements – in € millions) Consolidated net income (from VINCI’s consolidated financial statements – in € millions)31/12/20254,903 Consolidated net income (from VINCI’s consolidated financial statements – in € millions)

31/12/2024

4,863
Consolidated net income (from VINCI’s consolidated financial statements – in € millions)

2025/2024 change

+1%
 

 

31/12/2025

 

 

31/12/2024

 

 

2025/2024 change

 

Energy intensity (per million euros of net income from high climate impact activities) Energy intensity (per million euros of net income from high climate impact activities)31/12/20252.2 Energy intensity (per million euros of net income from high climate impact activities)

31/12/2024

2.1
Energy intensity (per million euros of net income from high climate impact activities)

2025/2024 change

+1%

In 2025, the Group’s energy consumption increased by 2%, or 215 GWh, from 2024. This increase is mainly due to changes in scope, especially the integration of FM Conway, whose energy consumption amounts to over 200 GWh.

The Group’s energy mix has changed to some degree. The share of fossil fuels in total consumption fell from 88% in 2024 to 85%. Conversely, the share of renewable energy rose to 12% of total consumption, compared with 9% in 2024, while the share of nuclear energy remained stable at 3%.

Diesel remains the energy source that the Group uses the most, primarily to power site machines and its fleet of vehicles. However, its use has declined in relative terms. It accounted for 50% of total energy consumption in 2025, down from 54% in 2024. The 17% increase in natural gas consumption between 2024 and 2025 mainly results from the acquisition of FM Conway. The consumption of high-carbon fuels, such as heavy fuel oil and coal, was down, accounting for slightly more than 1% of the Group’s total energy consumption (2% in 2024). The share of biofuels grew on a relative basis to 4% of energy consumed in 2025, compared with 3% in 2024. The biofuels used by the Group are detailed in paragraph 5.4.1, “Energy indicators”, of the methodology note, page 289.

VINCI’s activities are all considered to be of high climate impact. Net income from high climate impact activities (€4,903 million) is the net income attributable to Group operations presented in the consolidated financial statements, beginning on page 338.