VINCI CONSTRUCTION 2022 ESSENTIALS
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VINCI CONSTRUCTION 2022 ESSENTIALS
OUR
STRUCTURE
VINCI Construction is founded on three complementary pillars
that enable the company to support its clients over the long term,
whatever the size, nature or location of their projects.
Proximity Specialty
Networks Networks
A network of A division dedicated A division focusing
local companies to major projects on specialty networks
Bringing together Acting alone or in Made up of engineers
multiple companies synergy with other with a high level of
that are firmly rooted in VINCI Construction expertise in geotechnical
regions across the world, entities, the companies and structural
this network is based on in this division design engineering, digital
a simple principle: teams and carry out projects technology and nuclear
who focus on a core whose size, complexity energy, these subsidiaries
business line, and operate or type require general provide solutions of high
in specific regions close contractor capabilities. technological value.
to their clients.
Major Projects
This document was written before conflict broke out in Ukraine.
VINCI Construction — 2022 Essentials 01
Editorial Editorial
MESSAGE FROM THE
“An unparalleled “VINCI Construction
array of expertise has stepped up
in the construction the rollout of its
of buildings, environmental policy.”
civil engineering
structures and
infrastructure.”
Your environmental ambition follows three Our world is changing more quickly than
PRESIDENT
axes in line with the key challenges faced ever. How can we rise to the challenges
by your businesses – climate change, circu- that we are now facing?
lar economy and the preservation of natu- In 2020 and 2021, we showed great responsi-
ral environments. Where do you stand with veness and a capacity to adapt when
regard to each of these subjects? faced with the impact of Covid-19. Beyond
We stepped up the implementation of our this resilience to the pandemic, VINCI
environmental policy through action plans Construction also benefitted from buoyant
adapted to each of our business lines. trends in all its markets, driven by grow-
Pierre Anjolras
To reduce the carbon footprint of our busi- ing demand for the construction, renova-
President of VINCI Construction
ness activities (8% down in Scopes 1 and tion and transformation of buildings, living
2 since 2019), we started rolling out a pro- environments and infrastructure. When it
gramme to overhaul our asphalt plants by comes to the environment, for example,
In 2021, all construction businesses we like to find solutions to our custom- implementing the use of lower-carbon fuels which represents one of the most import-
were brought together within a single ers’ problems. We believe that dialogue and machinery and significantly reducing ant transitions of our time, we clearly are
business line. What added value do you with stakeholders is essential to the emissions. Likewise, we are progressively part of the solution. Indeed, whether we
now offer? success of our projects. That is why we introducing high energy efficiency facilities are building infrastructure for low-carbon
By bringing together an unparalleled fully take them into account in how we on our worksites, trialling hybrid and electric mobility – such as tramways, railway lines
array of expertise in the construction carry out our projects and operate our construction machinery with manufactur- and even pedestrian areas – or green ener-
of buildings, civil engineering struc- production sites. ers or leasers. We are also developing our gy, redeveloping buildings or creating new
tures and infrastructure, the new VINCI own low-carbon machinery such as the ones in line with more stringent environ-
Construction business is ramping up its How did VINCI Construction perform in first compact electric Hydrofraise® with mental standards, saving materials through
ability to support shifts in markets and 2021 and what is the outlook for 2022? grippers, designed by Soletanche Bachy. resource-efficient structural design, estab-
trades at a time when the environmental After feeling the effects of the pandem- What’s more, in association with Leonard – lishing new recycling platforms, building or
transition, digital revolution and evolv- ic in 2020, 2021 saw a significant recov- VINCI Group’s forward-looking innovation redeveloping hydraulic infrastructure, or
ing practices and preferences are raising ery, outperforming pre-crisis levels in platform – and partners in its innovation carrying out ecological engineering and
new questions about what to build and some areas. Our revenue rose by 13.5% ecosystem, we are developing products that rewilding operations, we are here. Our ac-
how to build it. to €26.3 billion, up almost 5% over 2019. help reduce the environmental impact of tivities with a positive environmental impact
Our structure, based on three comple- The Ebit margin rate was also higher our projects; the introduction of optimised already account for half of our total reve-
mentary pillars – major projects, spe- than in 2020 and increased to 3.7% of Exegy® solutions with low-carbon concrete nue. To ensure we stay one step ahead, we
cialty networks and proximity networks revenue – 30 basis points up over 2019. and of Rehaskeen®, a comprehensive facade must continue recreating, rethinking and
– optimises our market coverage world- Our order book, which stood at its high- insulation system designed for the industrial- reinventing what we build and how we
wide. In terms of management, that est level ever in late 2021 at €33.4 billion, scale thermal renovation of buildings. build it.
structure also facilitates cooperation includes a proportion of orders revolv- Regarding circular economy, we offer highly
across entities while enabling each of ing around our core activities larger than efficient solutions for recycling materials,
the 1,300 companies in our business to in 2020, demonstrating the strength of including through the Granulat+ brand in
operate largely independently. our local business units in all regions and France and on-site road surface recycling
confirming the resilience of our busi- systems for road refurbishment projects.
This new structure is mostly founded ness. The impressive size of our order In our building and civil engineering oper-
on the excellence of your employees, book will keep us operating at very high ations, we are also developing digital solu-
as well as team spirit and a capacity for levels in 2022 and, essentially, enable us tions and design methods that help reduce
action. Is that one of your priorities? to be very selective when taking on the volume of materials used and facilitate
En s ur in g th e s af e t y of VIN CI new business. their reuse.
Construction’s people and their ability In order to preserve natural environments,
to work and develop their talents by we are rolling out solutions and services
working as a team is indeed our prior- covering ecological engineering (particular-
ity. Once again, in 2021, individually and ly through the Equo Vivo® brand) and urban
collectively, they demonstrated their biodiversity (Urbalia®) while working close-
dedication to construction as an answer ly alongside nature conservation organisa-
to the challenges met by the towns, re- tions and experts to protect biodiversity at
gions and countries where we operate. our quarries and worksites.
We are passionate about building and
02 VINCI Construction — 2022 Essentials 03
Governance Governance
THE
MANAGEMENT TEAM
Hugues Fourmentraux
Managing Director in charge
of VINCI Construction France
Division
Thierry Mirville
Chief Financial Officer
Robert Bello
Managing Director in charge of Sébastien Morant
Eurovia France Division Managing Director in charge of
Europe and Africa Division
Pierre Anjolras
President of VINCI Construction
Ludovic Demierre
Human Resources Director Patrick Sulliot
Managing Director in charge of
Americas and Oceania Division
Patrick Kadri
Managing Director in charge of
Major Projects Division
Gilles Godard
Managing Director in charge of
United Kingdom Division Manuel Peltier
Managing Director in charge of
Specialty Networks Division
04 VINCI Construction — 2022 Essentials 05
Key figures Key figures
I N T E R N AT I O N A L ECONOMIC
PRESENCE PERFORMANCE
Breakdown of revenue by geographical area One of the global leaders in construction
North France Europe Asia
America
46% 25% 1.5%
12% 115,000
employees
Over 75,000
projects per year
French
overseas
1,300 consolidated
territories
2.5% companies
Central and South Africa Middle East Oceania
€26.3 billion
America
3%
4% 1% 5% in revenue
Nine countries account for more than 85% of revenue
3.7% operating income from
ordinary activities*
i.e. €968 million
46% 11% 7% 5% 4% 3% 3% 2% 2%
ce UK US
A da ny ec
h nd lan
d
alia
Fr
an na ma Cz blic ala Po str
Ca Ge
r
u Ze Au
Figures from 31 December 2021
p w
Re Ne
*2021 IFRS data
06 VINCI Construction — 2022 Essentials 07
Portfolio Portfolio
MAJOR PROJECTS 2 3
2021 was a particularly fruitful year
for major projects, both in terms of operations
(€2.5 billion, up by 19.9%) and order intake (€2.9 billion),
marking the start of a new cycle of projects.
1
HIGHLIGHTS
4 5
In the United States: extension and In Cambodia: the Bakheng water
-50%
In 2021, several large scale projects were 2021 was also marked by our major
handed over in France, including the projects under way on all continents. refurbishment of the I-64 interstate treatment plant, which will supply
new Strasbourg bypass (A355) for VINCI highway 5 between Hampton and drinking water to the capital,
Autoroutes, civil engineering work on In France: several work packages at Norfolk, (5.3 km of sea viaducts and Phnom Penh. The reduction in
the tokamak complex for the ITER the preliminary study phase or under new tunnels, and widening of 14.5 km
international research project to carry way for the Grand Paris Express (Line of existing roads). In New Zealand: the City Rail Link
carbon footprint
out experiments in fusion power 1 and, 15 South sections T3C and T2D, Line 14 project in Auckland (a 3.5 km railway generated by
on Reunion Island, the viaduct for the work package GC02, and several Line 18 In Canada: with proximity networks, extension including 3.2 km of tunnels the construction
New Coastal Highway (5,400 m) and a tunnel and viaduct work packages) with the Confederation Line light rail and three new stations). of new
bridge over the Saint-Denis river. Proximity Networks entities. infrastructure in Ottawa (27.5 km infrastructure
of track, 15 crossing structures and
Order intake remained steady. New In the United Kingdom: the High 16 stations, plus widening of 12 km of
for HS2
orders included work package no. 2 Speed 2 (HS2) line, one of the motorway), the West Calgary Ring compared with
for the tunnel on the future Euralpin biggest projects this decade 2 ; VINCI Road in Alberta (5 km of highway conventional
Lyon–Turin railway line (23 km) in Construction and Balfour Beatty are infrastructure) and, in British Columbia, methods.
France, the replacement of a 97 km working on the main civil engineering 82 km of a 166 km gas pipeline
pipeline supplying Heathrow Airport work packages and on the future Old (the Coastal GasLink project) and a
(the Southampton to London Pipeline Oak Common station. 225,000 m3 liquefied natural gas tank in
Project) in the UK, and the new Kitimat, which will have the heaviest
B247 federal road in Germany. In Denmark: the Fehmarnbelt Fixed dome VINCI Construction has ever built.
Link 3 , which will be the world’s
longest immersed tunnel and connect In Colombia: the Bogotá–Girardot
the Danish and German coasts in just motorway, which VINCI Construction
seven minutes by train. widened and refurbished for
VINCI Highways.
In Morocco: the 350 MW Abdelmoumen
pumped storage power plant 4 , a
hydroelectric plant with a capacity of
350 MW.
08 VINCI Construction — 2022 Essentials 09
Portfolio Portfolio
S P E C I A LT Y Sixense (2% of revenue)
continued to expand its
6 1
NETWORKS
structure monitoring, condition
survey and modelling business The six specialty
activities. It pooled its expertise
networks brands
in projects led by other VINCI
Specialty networks saw marked growth Construction entities (such as that lead the way
(up by 11.5% at €3.6 billion). the HS2 rail line in the United internationally
Kingdom and the Louis-
Hippolyte La Fontaine tunnel in
Montreal, Canada) and applied it
in its own projects, for example
Soletanche Bachy In India, it built the world’s tallest
providing monitoring services at
(49% of revenue), a world leader reinforced earth structure in a
Abu Dhabi International Airport
in foundations, was active in town 3 where a massive landslide
in United Arab Emirates.
projects to build low-carbon had taken place. Its main projects
transport infrastructure (HS2 rail elsewhere included the Andina
line in the United Kingdom, the open-pit copper mine in Chile,
Grand Paris Express programme the I-66 highway in Virginia in the
in France and City Rail Link US, Montreal’s Réseau Express
in Auckland, New Zealand) 1 Métropolitain (REM) in Canada 2 3
and improve water quality (e.g. and a railway line in Dar Es
Canoas wastewater treatment Salaam, Tanzania.
plant in Colombia and Austerlitz
tank in Paris, France). Other Freyssinet
noteworthy projects included (19% of revenue), which
Port 2000 in Le Havre, north- specialises in structures,
west France, and the extension posted its strongest growth in
of Hong Kong International France, Asia and Australia. In
Airport. What’s more, construction, Freyssinet supplied
Soletanche Bachy acquired a and installed the stay cables for
majority stake in Brady Marine the Saemangeum bridge in South
& Civil (an Australian specialist in Korea 4 and for the Cebu–Cordova
port infrastructure and marine Link Expressway in the Philippines.
and coastal structures) and The company also produced the
completed its acquisition of prestressed floors for the Hekla
Zetas ATS in Abu Dhabi, United tower in La Défense (west of
Arab Emirates. Paris), as well as the 392 spherical
bearings for the extensive Arctic
Menard LNG project in Russia. The largest
(13% of revenue), which structural repair projects included
specialises in ground rehabilitating the Kariba dam in
improvement, was involved in Zambia, refurbishing the summit
projects such as the Lincoln of a high-rise in Sydney, Australia,
Gateway Mall in the US 2 , the and reinforcing the Brotonne
Melbourne metro in Australia, bridge’s pylons in Normandy,
the multipurpose terminal in France. Freyssinet also provided
the port of Alexandria in Egypt, expertise in prestressed concrete
the future Nam Binh wind construction methods on
power plant in Vietnam and numerous projects worldwide. 4 5
remediation of a closed-down
chemicals production plant Nuvia
in Bydgoszcz, Poland. The (10% of revenue), a specialist in
company acquired Farrell (US) nuclear operations and services,
and bolstered its position in land built its business volume back to
remediation by acquiring UK pre-crisis levels, principally with
company Dunton. Meanwhile, projects at a number of nuclear
in France, Menard opened a plants in France as well as work on
contaminated-soil treatment the system 5 to monitor radiation
and recovery facility in the Eure at airports in the Czech Republic.
department in Normandy.
Terre Armée
(7% of revenue), a specialist
in engineered backfills and
soil-structure interaction,
posted strong growth in Asia.
10 VINCI Construction — 2022 Essentials 11
Portfolio Portfolio
P ROX I M I T Y 1
NETWORKS
FRANCE hospital (Reims); the Carreire upgrade of the A61 4 (for VINCI
campus at Bordeaux University; Autoroutes); widening of the
In 2021, revenue in mainland the Cité des Sports (Issy-les- A4 (Metz) and of the A480
France rose by 13.3% to Moulineaux); the JW Marriott (Grenoble); and conversion of a
€10.8 billion, reaching levels and Carlton hotels (Cannes); La 4 km section of the RN164 into
seen in 2019 – a pre-election Porte Bleue (Marseille); and the a two-lane dual carriageway in
year and the peak of a cycle. Îlot Vauban complex in (Nice). Brittany
The property development — In the airport sector: at the
Building business, which creates value airports of Paris-Charles de
(31% of revenue). upstream in projects, saw Gaulle (Grand Est Nord parking
The business activity grew strong growth. A specific areas), Paris-Vatry (Marne) and
slightly overall; large office- network, ADIM, secured Évreux-Fauville (a French Air
building construction projects financial packages for about Force base)
remained stable in Paris and 90 operations. — In logistics: hubs in Rungis
other major French cities, while VINCI Construction is also for Sysco, in Quimper for Armor
the residential property market leading the way with its Lux and in Bassens (Gironde)
bounced back. expertise in timber construction. for AGC, using paving made
VINCI Construction secured a Arbonis was thus involved in from fully recycled aggregates
significant number of orders: several large programmes (Ecoperf)
operations for the Universeine including Treed It and New in the — In urban development:
project in Saint-Denis Greater Paris region. conversion of an industrial
(for VINCI Immobilier); brownfield into a new district
revamping the building that Civil engineering (Creil); revamp of a multimodal
formerly housed the Grands (8% of revenue). Alongside the transport hub at the Soissons
Magasins du Louvre then the Major Projects Division, local train station; waterfront
Louvre des Antiquaires as well subsidiaries were involved development in La Grande-
as the building that formerly with projects such as the Motte; and refurbishment of the
housed Télécom Paris, and the Grand Paris Express, the outdoor areas by the Bourse de 2 3
Cœur d’Aéroport project at RER Line E extension (e-déf Commerce-Pinault Collection
Marseille Provence Airport. Eole-La Défense project), the building (Paris) — In urban
A number of large projects Euralpin Lyon–Turin tunnel transport infrastructure and
were completed in the Greater and the Strasbourg bypass – active mobility: work on the T3
Paris region, including the as well as working on several and T10 tram lines (Paris) as well
first instalment of the other operations such as the as the T9 (Paris—Orly-Ville) 5 ;
Duo 1 towers, refurbishment modernisation of Line 4 of the extension of the tramway
of the La Samaritaine complex, Paris metro, construction of line in Bordeaux; upgrade of
modernisation of the Roland- a swing bridge (Saint-Malo) temporary bicycle paths set
Garros stadium (all in Paris), and Siemens Gamesa’s plant up during the first lockdown in
Servier’s new Research & to manufacture offshore wind spring 2020 to permanent ones;
Development Institute (Paris- turbines (Le Havre), and civil and the creation of greenways
Saclay), the Emblem tower, engineering for the Lyon Part- in Ille-et-Vilaine, alongside the
the Origine & Nouvelle Vague Dieu multimodal transport hub. RD10 departmental highway and
programme and l’archipel,
VINCI’s new head office in
They were also awarded the
contract for the development
in the Bas-Rhin department). •••
Nanterre (all in Hauts-de-Seine). of Noisy-Champs station 3 and 4 5
A total of 2,600 projects in all the construction of the ancillary
regions were either started, facilities for Line 15 South and
continued or completed: Line 16 (Grand Paris Express).
construction of the Hekla
and The Link towers, (La Roadworks and materials,
Défense); modernisation of urban development
the Montparnasse railway (45% of revenue).
>100
station (Paris); construction of Recovery was brisk in 2021.
the To-Lyon tower for VINCI Local business units worked on
Immobilier (Lyon); the Institut over 25,000 projects. The most
Cœur Poumon at the university significant operations included: wooden structures built
hospital in Lille 2 and the first — In motorways: the Western
in France in 2021
instalment of the university Strasbourg bypass and
12 VINCI Construction — 2022 Essentials 13
Portfolio Portfolio
In materials production, Earthworks and ecological (New Caledonia), the structure
VINCI Construction continued engineering connecting the New Coastal 6
to deploy Granulat+, its brand (4% of revenue). The business Highway to the Le Barachois
that applies circular economy activity, which is often carried neighbourhood, and the new
principles to construction out in synergy with other VINCI urban cable car in Saint-Denis
materials 6 . A leader in its Construction entities, held (Reunion Island)
market in France, the business up in the four main markets, — In environmental facilities,
line is aiming to double its namely transport infrastructure the installation of an inert waste
output by 2030. The 130 bases (the north-eastern Metz storage facility in Bandrélé
that have been awarded bypass), coastal and river (Mayotte)
Granulat+ certification across development (extension works And in roadworks, Jean Lefebvre
France make up the largest at La Cotinière fishing port Polynésie commissioned an
network of facilities recovering in Charente-Maritime and asphalt plant designed to
and recycling mineral waste infrastructure to preserve achieve 35% recycling rates.
from the construction and marine biodiversity in
manufacturing industries Cherbourg for the Marineff
in the country. project), earthworks at
sites and hubs (Amazon’s
Hydraulic networks and utilities Nez-Frescaty logistics base),
(7% of revenue). and environmental upgrades.
The business activity relating Environmental upgrades are
to the water cycle is spread carried out by all subsidiaries
across a wide variety of projects, (Sethy, VINCI Construction
namely the maintenance and Maritime et Fluvial, Cognac TP,
renovation of drinking water etc.) and under the Equo Vivo
distribution networks (Greater brand. The main projects here
Lille and Rouen) and sewerage
networks (Greater Bordeaux
and Grand Briançonnais), utility
included restoring ecological
connectivity along the
Mayenne (Maine-et-Loire),
1st
diversions as part of urban Saye (Gironde) and Bièvre in French Polynesia:
development projects (for the (Greater Paris area) rivers, 35% recycling rates
Hauts-de-Seine department and redeveloping natural habitats in road resurfacing
the cities of Montpellier and La along an industrial railway line operations
Rochelle), and drinking water in Donges (Loire-Atlantique)
production and wastewater and creating a water reserve
treatment plants (a dozen connected to the waterfalls at 7 8
projects under way or delivered). the Fer-à-Cheval cirque 8
In addition, work was carried in Savoie.
out on heating networks (Pau
and Sarrebourg) and fibre-optic Specialised subsidiaries
networks. VINCI Construction Highlights included road and
and VINCI Energies also motorway signage projects,
finished rolling out the ultrafast such as modernisation and
broadband network in Moselle. dynamic road sign installation
carried out by SVMS and
Railway works VINCI Energies. In demolition,
(6% of revenue). ETF had a one of the main projects
very active year in the Greater of 2021 involved dismantling
Paris area, where it renovated a former EDF power plant in
Transilien and RER lines Blénod-lès-Pont-à-Mousson.
(upgrading 90 km of track
in 2021) and started working Overseas France
on its first Grand Paris Express Established in practically all 9
project, building 14.4 km of track of overseas France, VINCI
in tunnels for Line 14 South Construction generated
(in a joint venture) 7 . Elsewhere €0.6 billion in revenue in these
in France, it renovated 32 km areas (up by 7.9%). Business
of track in Nouvelle-Aquitaine was spread across the main
and 53 gantries in the Rhône construction markets:
department. — In building, the structure
to house the Fort-de-France
8,000,000
university hospital’s new
cyclotron (Martinique) 9 and
several social housing projects
tonnes of aggregate — In transport infrastructure,
from recycled materials the new bridge in Dumbéa
14 VINCI Construction — 2022 Essentials 15
Portfolio Portfolio
10 EUROPE Germany is building a system to cap flood
Eurovia GmbH increased its peaks on the Hostivař dam in
United Kingdom revenue by 3.3% to €0.9 billion in Prague and a sewage sludge
The business line’s second- markets buoyed by substantial treatment plant in Přerov. SMP
largest market, the United public investment aimed at CZ and construction subsidiary
Kingdom, accounted for a revamping road and urban Průmstav are also renovating
revenue of €2.1 billion, rising infrastructure. and extending the Marriott hotel
by almost 29%. Business activity was spread in Prague 14 .
In building (27% of revenue), across a large number of
VINCI Construction reinforced projects including renovation Poland
its position in the healthcare of the A52 motorway north of Revenue amounted to
sector (with new contracts for Düsseldorf (the longest orbital €0.5 billion (down by 1.2%), as
The Christie NHS Foundation motorway in Europe) and the VINCI Construction continued to
Trust in Manchester 10 and for A61 in the Rhineland in the apply its selective order-taking
the Pears Maudsley Centre for wake of heavy flooding, as well policy.
Children and Young People in as the B464. The PPP that the In building and civil engineering,
London) and remained very Group was awarded for the Warbud completed construction
active in the markets for new B247 federal road will also of the Skyliner tower in
residential properties, student fuel business activity from 2022 Warsaw – one of the tallest in
residences and shopping centres onwards. the country – and of the Toruń
– including the New Covent The main projects in courthouse in central Poland.
Garden Market (London). other markets included New contracts principally
Business in facilities redevelopment of the include the construction
management (20%), which takes Bergedorf quarter in Hamburg, of a hospital in Poznań and
over once building works are replacement of the Tegeler three new buildings on a
completed, grew on the back of bridge in Berlin, runway university campus in Kraków,
multi-year contracts it obtained, extension and roadworks the extension of an aluminium
renewed or extended, including at the Düsseldorf Airport can factory in Lublin, and the
the one it was awarded by the and renovation of the refurbishment of a viaduct and
Ministry of Defence covering Steinhavelmühle lock in road infrastructure in Kostrzyn
maintenance of its built estate Fürstenberg. nad Odrą, close to the border
across south-east England. With regard to innovative with Germany.
In civil engineering (18%), technologies for sustainable Eurovia Polska worked on urban
subsidiary Taylor Woodrow, mobility, Eurovia GmbH – in development projects, entirely
which celebrated its 100th partnership with ElectReon 12 – revamping roads and utility
anniversary in 2021, benefited set up a pilot inductive charging networks in Bielsko-Biała and
from the ramp-up of the HS2 road product in Karlsruhe and Szczecin 15 .
project while pushing ahead trialled the Power Road®, the
with its infrastructure projects positive energy road solution. Baltic states
for the London Underground The main projects in 2021 were
11 12 13 (Whitechapel and White Czech Republic the renovation of Pärnu Airport
Hart Lane stations) and the and Slovakia in Estonia, roads in Saldus and
motorway network (the Smart Business was buoyant (up 12.7% the P96 regional road in Latvia,
Motorways programme). It is to €1 billion), in particular due and national road no. 2908 in
also working with other VINCI to transport infrastructure Lithuania.
Construction entities to build a modernisation projects financed
new waste-to-energy plant in by the European Union. Spain
London (EcoPark South) 11 . Eurovia CS handed over the last In 2021, Eurovia España was once
In roadworks (35%), Eurovia UK of a series of major upgrade more awarded the contract to
won a new contract covering projects on the D1 between renovate the roads of Madrid
the national road network in the Prague and Brno (covering a in 2021 and 2022, having already
south of England. Maintenance total of 68 km of motorway over obtained the same contract
14 15 and services subsidiary eight years), and Eurovia SK for 2020.
Ringway, which manages completed construction of the
nearly 50,000 km of roads, was southern and western Prešov
awarded a contract by Surrey bypass on the D1 motorway
County Council to deliver repairs in Slovakia 13 . The major PPP
and upgrades on 560 km of contract awarded to the Group Congratulations to
roads and 290 km of pedestrian and covering the renovation and VINCI Construction
pathways, for a duration of at extension of the D4 motorway UK, who won the 2021
least 10 years. in the Czech Republic will
award for #Construction
contribute to increasing business
activity over the coming years. Company of the Year!
In other markets, civil #FREDIEAwards2021
engineering subsidiary SMP CZ #FREDIEChampions
16 VINCI Construction — 2022 Essentials 17Portfolio Portfolio
AMERICAS Chile of Route Provinciale 18). The 16 17
Bitumix posted record company, which is also very
USA revenue (€0.2 billion, up 33%) active in water works (civil
In its third-largest market, and order intake. It was engineering, networks and
VINCI Construction focused on involved in projects at several equipment), commissioned a
roadworks, generating €1.1 billion airports (Carriel Sur in Greater series of facilities designed to
in revenue, down by 2.2%. The Concepción, El Loa near Calama expand and secure the drinking
local subsidiaries – such as and Chacalluta near Arica) and water supply in the Greater
Hubbard, Blythe and Eurovia used asphalt recycling systems Kampala area in Uganda, and
Atlantic Coast – worked on to refurbish highways C17, in the began construction, in synergy
infrastructure construction province of Chañaral, and 160, in with the Major Projects Division,
projects in each of the 10 states the province of Concepción. of a water treatment plant
on the East Coast and in the south-east of Abidjan in
American South where they Côte d’Ivoire.
have bases, using supplies from OCEANIA In the building sector, other
about 50 asphalt plants and a key projects included the
network of quarries producing Revenue in Oceania amounted to construction of the new
over 1,000,000 tonnes of €0.8 billion (up 18%). Yamoussoukro stadium in Côte
18 19
aggregate a year. d’Ivoire, the country that will
Their teams are building a new In Australia, host the Africa Cup of Nations in
12.8 km section of the NC 540 Seymour Whyte offset Covid- 2023 20 , and the refurbishment of
Highway (Raleigh, 19’s impact on the economy by the Tazi Palace Hotel in Tangiers,
North Carolina) and in Georgia, speeding up its diversification Morocco, with VINCI Energies;
they repaved the Atlanta beyond roadworks into and in the civil engineering
Motor Speedway racetrack. In rail infrastructure, airport sector, projects included
industrial activities, Northeast infrastructure and water construction of the second
Paving (Eurovia Atlantic Coast) systems. The company Womey bridge, north
now has a new asphalt storage completed extensive works of Cotonou, in Benin.
plant in Maine with road and rail on the National Highway and
access, while Hubbard acquired on Bruce Highway (including
a high-energy performance the first diverging diamond
asphalt plant in Orlando. interchange in Australia) 18 .
16 Hubbard also acquired a
materials recycling facility in In New Zealand,
Florida. HEB Construction continued
work on the Transmission 10% to 40% 20
Canada Gully motorway (27 km) north
The business activity, which of Wellington and on the
energy savings achieved
principally revolves around Ruakanakana Pass railway through warm-mix
transport infrastructure and tunnel, and was also involved in asphalt production by
urban development, grew redevelopment work in central BA Blacktop
considerably (by 31% to Auckland alongside Soletanche
€0.8 billion) due to ramp-ups Bachy. HEB Construction
on large projects carried out in also expanded its water
synergy with the Major Projects infrastructure operations.
Division, as well as an especially
buoyant market in Quebec. The
business units in this province AFRICA
worked on extensive roadworks
and utility projects, notably in Operating in over 20 countries,
Montreal (Mont-Royal and rue Sogea‑Satom’s business activity
Léo Pariseau). increased substantially (13% to
In Alberta, the Carmacks €0.9 billion), climbing back to
subsidiary completed work on its pre-crisis level as numerous
the bypass around Tofield and projects restarted. Business
was awarded a contract to build was particularly brisk in
a bridge in the Grande Prairie Morocco, Benin and Cameroon,
area 17 . accounting for over half of the
In British Columbia, BA Blacktop company’s revenue.
developed and has started In roadworks, Sogea-Satom was
using new processes involving principally active in Mauritania
warm-mix asphalt, which are (Nouakchott—Rosso road,
improving energy consumption 120 km), Benin (Dassa—Parakou
on its road refurbishing projects segment; Route des Pêches) 19
in Greater Vancouver. and Cameroon (a 106 km section
18 VINCI Construction — 2022 Essentials 19Our commitments Our commitments
H E A LT H & ETHICS AND
SAFETY COMPLIANCE
OUR COMMITMENTS
We make health and safety the utmost priority All over the world, we are driven by our aim
on all our worksites and production sites. to set an example to all of our stakeholders.
That’s the idea behind our Safety First commitment. We expect everyone on our teams to comply
Our culture of accident prevention is with applicable regulations on business ethics
founded on three pillars: or human rights, as well as the commitments set
– Transparency out in VINCI‘s Code of Ethics and Conduct,
– Exemplary conduct Anti-Corruption Code of Conduct and Manifesto.
– Dialogue Our companies‘ success, growth and future,
We are all working towards our individually and collectively, hinge on strict
shared goal of zero accidents. compliance with best practices and our
commitments, which apply to us all,
without exception.
20 VINCI Construction — 2022 Essentials 21Our commitments Our environmental objectives for 2030
THE ENVIRONMENT TA K I N G A C T I O N F O R
AND THE ECOLOGICAL T H E C L I M AT E
TRANSITION 40%
2030 OBJECTIVES
reduction in our direct
emissions (Scopes 1 and 2)
Business activities: emissions sources and action plan
EQUIPMENT VEHICLES AND INDUSTRIES BUILDINGS
LORRIES AND ON-SITE
FACILITIES
40%
25% 25%
10%
Modernising our Modernising our 70 kWh per tonne of Environmentally
fleet of equipment fleet of vehicles asphalt mix designed fixed sites
to reduce energy produced
consumption •
•
•
Encouraging the use
Through our activity in the construction of of electric and 0 facilities
Monitoring hybrid vehicles using coal
infrastructure, civil works and buildings, consumption where the energy or fuel oil
we are driving the environmental transition. in real time mix is largely
carbon free
Our environmental ambition focuses on:
– acting for the climate;
•
Training our
– optimising resources thanks to the circular employees
in eco-driving
economy;
– preserving natural environments.
We are committed to reducing the direct -20%
reduction in our
impacts of our activities. indirect emissions (Scope 3)
And we are committed to enabling our
customers to reduce their own environmental
impacts, by driving innovation and developing UPSTREAM SECTOR DOWNSTREAM SECTOR
new options that bring about new services,
Production assets Freight
solutions and business lines. Purchases of materials Use and end-of-life
Transport and journeys of finished goods
Sub-contractors
22 VINCI Construction — 2022 Essentials 23Our environmental objectives for 2030
OPTIMISING RESOURCES
BY H A R N E S S I N G T H E
CIRCULAR ECONOMY
90%
of materials recovered for use by
25%
asphalt aggregates
the Major Projects Division; 100% of in formulations
materials sorted and 80% recycled
for VINCI Construction France
80%
Promoting
recycled materials to our clients and
of materials divisions
undertaking
a circular economy approach
teams
20,000,000
tonnes of recycled materials
produced per year
P R E S E RV I N G N AT U R A L
ENVIRONMENTS
WATER BIODIVERSITY
The digital version of this document is compliant with the PDF/UA (ISO 14289-1), WCAG 2.1
Guaranteeing Taking
level AA and RGAA 4.1 accessibility standards with the exception of the colour criteria. Its
design enables people with motor disabilities to browse through this PDF using keyboard
commands. Accessible for people with visual impairments, it has been tagged in full, so
the quality of any water released action to protect biodiversity on our that it can be transcribed vocally by screen readers using any computer support.
into natural environments worksites and in our quarry-related
activities Accessible PDF powered by
Optimising
our water consumption
Printed in April 2022 — Design: Abmo — Above Photography PTY LTD, Jonathan Alexandre,
Jacques Basile, Régis Bouchu/Actophoto, Jérôme Cabanel, Augusto Da Silva/Graphix-images,
Boris-Yvan Dassie, Benoît Diacre, Marc Dossmann/Photo Expression, Guillaume Drouault/Photec
Production, Jacques Fernandes, Arnaud Février, Philippe Guignard/Air Images, Axel Heise,
Jean-Marie Huron, Koko Productions & Photography CC, Céline Levain, Thierry Lewenberg-Sturm,
Salem Mostefaoui, Vincent Mouchel, Guillaume Mussau, Christian Smith, The Pulse, Alexis Toureau,
Shaleen Wallace/Ron Brown/Aerophoto America
Translation: Alto International
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