VINCI Secures Major Highway Contract in the Czech Republic
The consortium led by Eurovia CZ, a subsidiary of VINCI Construction, has been awarded by the Czech Road and Motorway Directorate the construction of the final section of the D11 highway between Jarom?? and Trutnov. Construction starts in April 2026 with completion slated for the end of 2029.
Completion of the Trans-European Transport Network
The final section of the D11 highway is part of the Trans-European Transport Network (TEN-T). Once completed, the highway will stretch 155 km, connecting Prague to the Polish border. The construction includes 20 km of roadway, 31 bridges (totaling 2.5 km in length), and a 767-meter tunnel.
Environmental Consideration and Local Comfort
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The project will be carried out with respect for the environment and the comfort of local residents. The construction of the tunnel and 12 km of noise barriers will help reduce noise pollution. Migration corridors for wildlife have been identified, studied, and secured.
VINCI Construction's Economic Impact in the Czech Republic
In 2025, VINCI Construction generated revenues exceeding 1.2 billion euros in the Czech Republic. The VINCI Group is also present through VINCI Energies, which mainly undertakes electrical infrastructure projects, and VINCI Concessions, holder of the public-private partnership contract for the D4 highway (Via Salis). Altogether, the group employs over 5,400 people in the country.
VINCI a réalisé en 2025 une performance en hausse. La progression du chiffre d’affaires s’est accompagnée d’une nouvelle amélioration des résultats opérationnels.
Chiffre d’affaires 2025 de 74,6 milliards d’euros; EBITDA 13,5 milliards; résultat net part du Groupe 4,9 milliards; cash-flow libre 7,0 milliards; endettement net en baisse; dividende proposé 5,00 euros par action; perspectives 2026 positives.
Outlook / guidance
Expected revenue: Le chiffre d’affaires en 2026 est attendu en hausse par rapport à 2025, avec des progressions dans les concessions, les services à l’énergie et la construction, et un cash-flow libre estimé autour de 6 milliards d’euros en première approche, sous réserve d’un niveau d’activité et d’un cadre fiscal inchangé.
Expected EBITDA: La direction prévoit une nouvelle progression en 2026, sans chiffre précis communiqué.
Expected net income: La direction anticipe une progression du résultat net part du Groupe en 2026, sous réserve d’un exercice stabilisé.
Management commentary: La direction affirme sa discipline financière et son positionnement sur les trois métiers, avec un accent sur la génération de cash-flow et la création de valeur.
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