2025 Universal Registration Document

General and financial elements

C. Financial indicators by business line and geographical area
1. Segment information by business line

Segment information is presented following the organisation of the Group’s internal reporting system, which is based on business linesgrouped into three main businesses.

Specifically, the Group operates through seven business lines in three businesses – Concessions, Energy Solutions and Construction.In accordance with IFRS 8 “Operating Segments”, segment information is presented in line with this organisation.

Concessions

VINCI Autoroutes: motorway concessions in France (ASF, Escota, Cofiroute, Arcour and Arcos).

VINCI Airports: operation of airports in France and in 13 other countries under full ownership, concession contracts and/or delegatedmanagement.

Other concessions: VINCI Highways (motorway and road infrastructure, mainly outside France), VINCI Railways (rail infrastructure) andVINCI Stadium (management of stadiums in France).

Energy Solutions

VINCI Energies: services to the manufacturing sector, infrastructure, building solutions and facilities management, and information andcommunication technology.

Cobra IS: industrial and energy-related services, work on large EPC (engineering, procurement and construction) projects in the energysector, and development and operation of renewable energy production facilities (onshore solar and wind farms).

Construction
VINCI Construction

This business line is structured around three complementary pillars:

  • Proximity Networks: local companies active in areas such as building, civil engineering, roadworks, rail works and water works;
  • Specialty Networks: companies carrying out works in geotechnical and structural engineering, along with related digital activities, and providing services in nuclear engineering;
  • Major Projects: companies designing and carrying out projects that require general contractor capabilities because of their size, complexity or type.

VINCI Immobilier: property development (residential properties, commercial properties), management of residences and property services.