Vinci’s (OTCPK:VCISF; VCISY) organic revenue growth in roads and airports, coupled with a recovery in French construction, as well as falling interest and tax rates, will drive double-digit earnings growth in the short-medium term. The company has a competitive advantage in global infrastructure privatisations, given its accumulated experience in delivering growth in both toll roads and in airports.
Company Overview
Vinci is a global player in concessions and construction with expertise in building, civil, hydraulic, and electrical engineering. The company operates through two business lines: Concessions and Contracting. Concessions is primarily long-term