Developing green growth mobility solutions
Eurovia As a partner of regional and local authorities, Eurovia develops mobility solutions to strengthen economic competitiveness and community ties, designing, building and maintaining transport infrastructure and urban development projects. Its innovation policy focuses on green growth to help reduce the environmental impact of the roadworks industry. It operates in 16 countries across Europe and North and South America and has more than 43,000 employees.
2018 Key figures
Manages and maintains
60,000 km of road systems
400 production plants
Transport infrastructure and urban development
Eurovia is a global leader in transport infrastructure and urban development. It builds and refurbishes roads, motorways, railways, urban transport lines and hard surfaces for airports and industrial and commercial facilities. It also delivers related works, including demolition, deconstruction, drainage, earthworks, utility networks and urban amenity projects.
Eurovia is a European market leader in aggregates. It extracts, processes and markets both natural and recycled materials, and operates a network of more than 350 quarries producing 82 million tonnes of aggregates per year (of which Eurovia’s share is 57 million) and 150 recovery and recycling facilities. Eurovia’s share of reserves (*) amounts to 3.1 billion tonnes, or more than 50 years of output.
(*) Reserves controlled through ownership or royalty agreement.
Eurovia operates 330 coating plants supplying 20 million tonnes of asphalt mix annually as well as 50 asphalt binder plants. In addition, Eurovia produces road signage and road marking products (signs, gantries and paint).
Eurovia manages and maintains 70,000 km of roads and railway networks under long-term contracts. It also services road signs, markings and safety systems, and maintains related facilities such as road equipment, green spaces and vegetation.
Eurovia’ competitive position
Eurovia is one of the leaders in the road and rail works market with Colas and Eiffage Infrastructures. The market is otherwise shared by a large number of local and regional contractors. Eurovia is market leader in aggregates, where its competitors include roadworks companies and cement groups such as LafargeHolcim, GSM (HeidelbergCement Group) and Cemex, along with several hundred local producers.
Eurovia GmbH is one of the sector’s main players with Strabag, in a market made up mainly of numerous regional players. In addition, Eurovia’s rail works subsidiary ETF has expanded into Germany by acquiring THG Baugesellschaft mbH.
Eurovia UK, through its subsidiary Ringway, is a major player in long-term road maintenance contracts. Its main competitors are Amey (Ferrovial group), Kier and Balfour Beatty. Eurovia UK also operates in conventional roadworks in competition with Balfour Beatty Carillion and Tarmac (CRH Group), Aggregate Industries (LafargeHolcim), Hanson (Heidelberg) and Conway.
Eurovia CS is among the leaders in road and rail works. Its main competitors are Skanska, Metrostav and Strabag.
In Canada, Eurovia is one of the major players in road infrastructure works in Quebec, Alberta and British Columbia, mainly through subsidiaries Eurovia Québec Construction, Carmacks and BA Blacktop. Its main competitors are subsidiaries of Colas, CRH and LafargeHolcim, as well as local companies.
In the United States, the acquisition of Lane Construction’s Plants & Paving division complements the activities Eurovia carries out through its subsidiaries Hubbard Construction and Blythe Construction in the south-east (Florida, Georgia, North Carolina and South Carolina). This acquisition doubles Eurovia’s size and makes it one of the market leaders in roadworks on the east coast of the United States. Its main competitors are Archer Western Contractors (Walsh Group) for construction works and Preferred Materials (CRH) for the manufacture and
Eurovia’s revenue is expected to rise again in 2019. The order book, which increased sharply over the past year, heralds organic growth in addition to the full-year effect of the 2018 acquisitions.
In France, public spending will continue to boost roadworks and urban development business activities. Eurovia will leverage its strong local roots and wide-ranging expertise to help regional and local authorities transform public spaces and upgrade transport infrastructure, including motorways, roads, metro, tram and bus lines and multimodal hubs. The rail works activity will be driven by long-term investment in national and regional network upgrades in addition to urban projects.
Eurovia will also benefit from tailwinds elsewhere in Europe, including Germany, where there is a substantial need for road infrastructure modernisation; the United Kingdom, where multi-year maintenance and service contracts for local authorities drive activity; and Central Europe, where European Union structural funds finance major transport infrastructure upgrade programmes.
In the Americas, 2019 will see very strong growth in the United States, where the acquisition of Lane Construction’s industrial and roadworks division at the end of 2018 will double Eurovia’s revenue and enable it to roll out its network in about 10 states. Major contracts awarded in North Carolina will further boost growth. In Canada, volume should continue to rise significantly in Quebec.
Against this backdrop, Eurovia will continue to pursue its expansion strategy geared to winning or consolidating its leadership in all countries and regions where it operates, while simultaneously expanding its works and industrial production activities. Synergies with VINCI Highways under public-private partnership contracts will back this strategy.
Eurovia will also create further value through innovation, which is focused primarily on reducing the environmental impact of infrastructure works. The company’s circular economy solutions applied to the production and placement of road materials and its positive-energy road solutions are a longtermgreen growth driver.