VCISF - Vinci SA: Reiterate Bullish Position As B/S And FCF Remains Strong
2024-02-15 07:21:24 ET
Summary
- I reiterate a buy rating for Vinci.
- The growth outlook for VCISF remains positive, with strong demand for core assets and opportunities for growth in other contracting assets.
- The company's strengthened balance sheet and consistent free cash flow generation provide a cushion in a rising rate environment.