Vinci SA

DG: XPAR (FRA)
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Vinci Is WellPositioned for Rising Air Travel and Infrastructure Investment; Raising Valuation

Business Strategy and Outlook

Vinci’s strategy to extend the maturity of its concession portfolio by adding freehold or long-dated airport concessions will maintain the defensiveness of its revenue stream. The group's portfolio of long-dated concession assets, such as toll roads and airports (62% of operating profits), is difficult to replicate and provides a stable source of income.

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