Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Vinci    DG   FR0000125486

VINCI

(DG)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Vinci : Launch of upgrade works at the Toulon Hyères airport

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/14/2019 | 11:51am EST

Rueil Malmaison, 14 October 2019

Launch of upgrade works at the Toulon Hyères airport

  • The airport's largest investment since it was built
  • Six new destinations introduced by VINCI Airports
  • Special attention paid to the airport's environmental performance

VINCI is today launching work to upgrade the runways and runway lighting system at the Toulon Hyères airport. VINCI Airports began operating the airport in 2015 under a 25-year French government concession awarded by the Direction Générale de l’Aviation Civile (DGAC - civil aviation authority) and the French Ministry of the Armed Forces (Navy).

A ceremony held at the airport was attended by Xavier Huillard, Chairman and Chief Executive Officer of VINCI, Commodore Laurent Hemmer, Deputy Mediterranean Area Commander, Nicolas Notebaert, Chief Executive Officer of VINCI Concessions and President of VINCI Airports, and Yves Tatibouet, Southeast Civil Aviation Safety Director (DGAC).

As one of France's three combined civil and military airports, Toulon Hyères requires day-to-day coordination between the VINCI Airports teams and the naval air base.

The upgrade works comprise:

  • renovation of the runways and taxiways,
  • refurbishment of the airport's runway lighting system
  • work to bring the airport into compliance with the French water law.

The work will be carried out by a joint venture bringing together the TP Spada (Eurovia) and Degreane (VINCI Energies) companies.
                                                                                      
The investment, amounting to €27.5 million, including €6.9 million in public funding, is the airport's largest since it was built in 1967.

This investment is part of the programme undertaken in 2015 by VINCI Airports to develop the potential of the Toulon Hyères airport in order to boost the appeal of the region it serves. In four years, VINCI Airports has introduced six new destinations in France (Lille, Nantes, Strasbourg) and other countries (Antwerp, Geneva, Southampton).

In addition, the business aviation activity (number of aircraft movements) has increased 20% since VINCI Airports took over the activity in January 2017.

These results were obtained by working with local authorities – Métropole Toulon Provence Méditerranée, Agence de Développement Var Tourisme, and the South region – towards the common goal of continuing to enhance the Var department's appeal as a tourist destination and boost its international name recognition.

Along with these actions, particular attention is being paid to the airport's environmental performance. In September 2019, the airport was awarded ISO 14001 certification in recognition of its work to reduce its environmental footprint, which includes:

  • use of a fleet of electric runway vehicles,
  • installation of electric vehicle charging stations for airport users,
  • target of 100% LED lighting by 2020,
  • zero pesticides used to maintain green spaces,
  • plastics recycling.

These activities resulted in a 6% reduction in per-passenger energy consumption and a 25% reduction in water consumption in 2019 compared to the previous year. Toulon Hyères is also the first airport in France to test the Ground Power Unit, a zero-emission aircraft starter generator.

Nicolas Notebaert, Chief Executive Officer of VINCI Concessions and President of VINCI Airports, said: “The launch of this works programme reflects our commitment to the naval air base and the DGAC to expand the Toulon Hyères airport and make it the gateway to the Var and thus boost the department's prestige, in close and positive consultation with our local economic and tourist industry partners.

VINCI Press Department
Tel: +33 (0)1 47 16 31 82
media.relations@vinci.com

About VINCI

VINCI is a global player in concessions and contracting, employing over 210,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large. www.vinci.com


Attachment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VINCI
11:45aVINCI : Disclosure of trading in own shares Period from 04 Nov to 08 Nov 2019
AQ
11/08EasyJet, Jet2.com buy Thomas Cook's UK airport slots
RE
11/08EasyJet, Jet2.com buy Thomas Cook's UK airport slots
RE
11/08ITER : Civil engineering work on the Tokamak Building completed
GL
11/06VINCI : Disclosure of trading in own shares - Period from 28 Oct to 01 Nov 2019
AQ
11/06VINCI : Disclosure of trading in own shares - Period from 21 Oct to 25 Oct 2019
AQ
11/05VINCI : Ex-dividend day for interim dividend
FA
10/31VINCI : Positive outcome for LIVA, a year after it was created
PU
10/28VINCI : opens bypass around Regina, capital of the Province of Saskatchewan in C..
GL
10/24VINCI : sales up but Brexit, Thomas Cook hit Gatwick traffic
RE
More news
Financials (EUR)
Sales 2019 47 005 M
EBIT 2019 5 557 M
Net income 2019 3 295 M
Debt 2019 21 165 M
Yield 2019 2,93%
P/E ratio 2019 17,2x
P/E ratio 2020 15,7x
EV / Sales2019 1,64x
EV / Sales2020 1,54x
Capitalization 56 051 M
Chart VINCI
Duration : Period :
Vinci Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VINCI
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 104,45  €
Last Close Price 100,80  €
Spread / Highest target 15,1%
Spread / Average Target 3,62%
Spread / Lowest Target -17,7%
EPS Revisions
Managers
NameTitle
Xavier Huillard Chairman & Chief Executive Officer
Christian Labeyrie Chief Financial Officer & Executive Vice President
Yves-Thibault de Silguy Vice Chairman
Jean-Pierre Lamoure Director
Michael Pragnell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
VINCI40.17%62 058
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION-9.47%31 552
LARSEN & TOUBRO LTD-1.80%28 729
FERROVIAL47.67%21 384
CHINA RAILWAY GROUP LIMITED-16.60%19 916
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED-17.50%19 198