Vinci pursues a gradual recovery in Q3

But the French building and transport infrastructure giant predicts results for the year 2021 still "below their level of 2019", after a drop of 61,9% of its net profit in 2020, to 1,24 billion d 'euros.

Between July and September, Vinci posted a turnover of 13,2 billion euros, an increase of 0,8% compared to the same period in 2019 and 7,8% compared to that of 2020.

The Construction division continues to pull the group forward, with Vinci Energies confirming its momentum: the two branches are showing turnover at their pre-crisis levels.

Indeed, Vinci Construction achieved a turnover of around 7,1 billion euros (+ 5,1%) in the third quarter, or more than half of the group's total revenue. Its French market, which represents 49% of its activity, is notably driven by the Grand Paris Express projects.

As for Vinci Energies, its turnover increased by 7,3% compared to 2020 and 8% compared to 2019.

The airport branch remains the only one to suffer very largely from the health crisis with levels of turnover and passenger traffic more than twice lower than those of 2019. However, the group "observes a gradual recovery in its traffic after a difficult start to the year "and" expects passenger traffic in 2021 to be very close to that of 2020 ".

Sign of the group's "good financial situation", Vinci will resume its share buyback program, up to a limit of 200 million euros, interrupted in March 2020.