Vinci SA

DG: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€216.00	Vvxdhn	Kynpljjxs

Vinci's Record Order Book and Rapid Recovery in Airport Passengers Provide an Attractive Outlook

Matthew Donen

Jul 28, 2023

Business Strategy and Outlook

Vinci’s strategy to extend the maturity of its concession portfolio will help the FIRM earn durable excess returns. The group's business models rests on managing and operating critical infrastructure for economies such as motorways and airports, via long-dated concession contracts.

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