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
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Vinci
  6. News
  7. Summary
    DG   FR0000125486

VINCI

(DG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Vinci to Buy ACS's Energy Business for Around EUR4.9 Billion

04/01/2021 | 03:27am EDT

By Pietro Lombardi

Vinci SA has signed an agreement to buy the energy business of Actividades de Construccion y Servicios SA for around 4.9 billion euros ($5.75 billion) in cash.

The French construction and infrastructure company said Thursday that the move aims to create a global player in energy contracting and to develop a platform for renewables projects.

Under the agreement, ACS may receive up to around EUR600 million in additional payments, depending on some milestones related to renewables.

The deal is based on an enterprise value of EUR4.2 billion, and the estimated purchase price is based on the assumption that the deal is closed by the end of the year.

Vinci will fund the deal with its cash and credit lines. It expects the acquisition to have a positive impact--in the mid- to high-single-digits--on its earnings per share from the first year after closing.

The business has around 45,000 employees and a focus on Spain and Latin America.

Vinci and ACS will also form a joint venture focused on renewables assets, in which the French company will have a 51% stake.

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

(END) Dow Jones Newswires

04-01-21 0326ET

Stocks mentioned in the article
ChangeLast1st jan.
ACS, ACTIVIDADES DE CONSTRUCCION Y SERVICIOS, S.A. -0.07% 28.35 Delayed Quote.4.49%
VINCI -0.93% 94.8 Real-time Quote.17.61%
All news about VINCI
09:59aVINCIá : Airports - Publication by London Gatwick Airport
AQ
07:32aVINCIá : Guanacaste Airport achieves Level 2 ‘Reduction' in ACI airport ca..
AQ
05/07VINCIá : Airports – Publication by London Gatwick Airport
GL
05/05VINCIá : Actemium UK industrial perimeter goes all-electric with company car fle..
AQ
04/30VINCIá : Goldman Sachs remains its Buy rating
MD
04/30VINCIá : Issue of new VINCI shares, reserved for group employees in France in th..
GL
04/30GLOBAL MARKETS LIVE : Nestlé, Schindler, Credit Suisse
04/30VINCIá : Led Consortium Completes Financing in $772 Million Motorway Project in ..
MT
04/30VINCIá : The consortium consisting of VINCI and Meridiam has completed the finan..
PU
04/30VINCIá : The consortium consisting of VINCI and Meridiam has completed the finan..
AQ
More news
Financials
Sales 2021 47 436 M 57 649 M 57 649 M
Net income 2021 2 564 M 3 116 M 3 116 M
Net Debt 2021 18 077 M 21 969 M 21 969 M
P/E ratio 2021 20,6x
Yield 2021 2,50%
Capitalization 53 751 M 65 366 M 65 323 M
EV / Sales 2021 1,51x
EV / Sales 2022 1,38x
Nbr of Employees 219 400
Free-Float 82,7%
Chart VINCI
Duration : Period :
Vinci Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VINCI
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 20
Average target price 98,95 €
Last Close Price 95,69 €
Spread / Highest target 16,0%
Spread / Average Target 3,41%
Spread / Lowest Target -11,2%
EPS Revisions
Managers and Directors
NameTitle
Xavier Huillard Chairman & Chief Executive Officer
Christian Labeyrie Chief Financial Officer & Executive Vice President
Pascale Sourisse Independent Director
Robert Castaigne Independent Director
Yannick Assouad Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
VINCI17.61%65 940
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED0.40%32 551
LARSEN & TOUBRO LIMITED4.30%25 748
FERROVIAL, S.A.10.49%22 223
CHINA RAILWAY GROUP LIMITED4.17%19 675
JACOBS ENGINEERING GROUP INC.28.44%18 010