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€80.500 +1.16 %   10/07/2020 17:35

VINCI Airports

Contributing to the development of communities

VINCI Airports crossed a major threshold in its development with the takeover of London Gatwick, the UK’s second-largest airport, while simultaneously achieving robust growth in traffic at most of its other airports. As the world’s leading private airport operator, VINCI Airports manages a diversified and attractive international network of 45 airports that contribute to development for both the region and its customers.

2019 Key figures

46 airports

255 million passengers

13,667 employees

Revenue: €2,631m

VINCI Airports’ competitive position

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VINCI Airports is the leading private operator and one of the top four international players in the airport sector with 45 airports operated worldwide. The main listed companies in the sector are Aena, Groupe ADP and Fraport.

In Europe, VINCI Airports operates 10 airports in Portugal (59.1 million passengers) and 11 airports in France (21.5 million passengers), including Lyon-Saint Exupéry (11.7 million passengers).

On 13 May 2019, having acquired a 50.01% interest, VINCI Airports consolidated London Gatwick Airport (46.6 million passengers).

VINCI Airports also operates Belfast International Airport in the United Kingdom (6.3 million passengers), Nikola Tesla Airport in Belgrade, Serbia (6.2 million passengers) and Stockholm Skavsta Airport in Sweden (2.3 million passengers).

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In Asia, VINCI Airports operates the three airports in Cambodia (11.6 million passengers) and holds the concession, as part of a consortium with Japanese partners, for the three airports in the Kansai region of Japan (51.8 million passengers).

In Latin America, VINCI Airports holds concessions for the Salvador airport in Brazil (7.8 million passengers), Guanacaste airport in Costa Rica (1.2 million passengers) and six airports in the Dominican Republic (5.6 million passengers).

In Chile, as part of a consortium with Groupe ADP and Astaldi, VINCI Airports operates Santiago Arturo Merino Benítez Airport (24.6 million passengers).

In the United States, VINCI Airports operates five airports under concession or management contracts (10.3 million passengers).

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Outlook

VINCI’s Concessions businesses and public-private partnerships are expected to continue to grow in 2020.

 Growth will mainly be driven by VINCI Airports, boosted by the full-year contribution of revenue from London Gatwick Airport, in addition to the organic growth of the other airports in operation. Operating at both the global and local level, VINCI Airports draws on the resources of its global network to support each airport in developing its own activity. VINCI Highways will benefit from recently opened motorway infrastructure outside France, as well as growth in traffic in most countries where it operates. Responsible for the Group’s rail infrastructure and operations, VINCI Railways will be able to leverage the attractiveness of the South Europe Atlantic high-speed rail line, which has enjoyed positive commercial development since it opened.

Traffic on road infrastructure in France is expected to pick up on VINCI Autoroutes motorways, a network essential to both mobility throughout French regions and the development of national and cross-border trade within the European Union. Investment remains high, with the worksites operating on the western Strasbourg bypass, and under the motorway stimulus plan and motorway investment plan.

VINCI will continue to deploy its integrated concession-construction model, both in programme management – with construction projects on airports under concession in Chile, Serbia and Portugal, and on motorways in France, Germany and Colombia – and in development. VINCI’s strategy, which combines building new infrastructure, taking over existing infrastructure and acquiring new concessions, will focus primarily on the airport and motorway segments, as in many countries these types of infrastructure are increasingly being privatised and coming under public-private partnerships. Implemented consistently and proactively over several years, this strategy aims to bring a fresh dynamic to the Group’s concession portfolio, expanding its international coverage and extending its average maturity.

Taking the same long-term approach, VINCI pledges to make a positive contribution in all its Concessions businesses to the communities surrounding its infrastructure and its users. Mindful of this objective, the Group will develop its partnerships with regions and its policy of designing innovative services, especially in new digital uses and the mobility experience. VINCI will act to promote sustainable mobility by reducing the environmental footprint of its infrastructure and fostering the transition to more low-carbon mobility.

Last updated: 02/03/2020