Vinci SA
DG: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Dt$ | LOCK|J%<PN | LOCK|qrYDQH |
Vinci Earnings: Impressive EPS Growth Overshadowed by Additional French Tax; Maintain EUR 133 FVE
Vinci reported EPS growth of 12%, or 3% including an additional EUR 449 million tax charge imposed by the French government for large corporations, which exceeded FactSet consensus. France contributes 41% of Vinci's earnings, and the additional tax is expected to also be applied in fiscal 2026.
