VINCI reported outstanding performance in 2025 with revenue growth of €74.6 billion, operating earnings up for all three businesses, and record free cash flow of €7.0 billion. The company expects further revenue and earnings growth in 2026, proposing a dividend of €5.00 per share, up from the previous year.

In 2025, VINCI’s revenue outside France grew by 6%, with the Energy Solutions and Concessions businesses showing strong momentum. Operating income rose by 6.2% to €9.6 billion, with net income slightly higher than 2024. Free cash flow reached €7.0 billion, despite a tax burden in France.

The Construction business saw revenue of €33 billion, supported by key megatrends like energy transition and digital transformation. The Ebit margin exceeded 4%, with free cash flow hitting a record €1.4 billion. Order intake reached €32.1 billion, with a strong order book at year-end.

VINCI’s Energy Solutions business achieved revenue growth of 8% to €30 billion, with an operating margin of 7.6%. Free cash flow totaled €1.2 billion after new investments in electricity generation and transmission. Order intake surpassed revenue in 2025, with an order book of €17.5 billion at year-end.

Concessions business revenue increased by 5% to €12 billion, driven by solid traffic levels at VINCI Airports and VINCI Autoroutes. Free cash flow reached €3.9 billion, with traffic levels growing at most airports in the network, welcoming 334 million passengers in 2025.

In terms of shareholder remuneration, VINCI proposed a dividend of €5.00 per share for 2025, up 5.3% from the previous year. This marks a payout ratio of 58%, close to the Group’s medium-term target of 60%. The company also initiated a new share buy-back program to offset dilution caused by share ownership plans.

Read more at GlobeNewswire: VINCI: 2025 full year results