Vinci Shares Jump After Revenue Increase, Record Free Cash Flow

By Andrea Figueras


Shares in Vinci climbed after the French group posted a strong year-end performance, with higher revenue and record free cash flow.

The construction and infrastructure company reported late Thursday revenue of 74.60 billion euros ($87.88 billion) for 2025 as a whole, 4.2% higher than the prior year. Net profit rose 0.8% on year to 4.90 billion euros. The results compare with analysts' estimates of 74.02 billion euros in revenue and 4.85 billion euros in net profit, according to consensus estimates provided by LSEG.

The print shows a strong close to the year, Deutsche Bank analyst Harishankar Ramamoorthy said in a note.

Free cash flow hit a new record of 7.01 billion euros compared with 6.81 billion euros. The group proposed a dividend of 5 euros a share, up from 4.75 euros the prior year.

Analysts at Jefferies said the company remains highly cash generative, while the increase in dividend payout seems a positive signal relative to consensus.

The stock was up 6.4% at 129.95 euros in European morning trading.

"Vinci's performance in 2025 was outstanding," Chief Executive Pierre Anjolras said, despite what it called "a turbulent global macroeconomic and geopolitical environment."

The group said it entered 2026 with confidence and expects further growth in revenue, earnings and net profit, while free cash flow could reach 6 billion euros.

The company also said it is carrying out portfolio reviews in its three units, and that it could dispose of some assets depending on the outcomes.


Write to Andrea Figueras at andrea.figueras@wsj.com


(END) Dow Jones Newswires

February 06, 2026 04:26 ET (09:26 GMT)

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