VINCI Secures a 68 Million Euro Contract for Rhône River Locks
The National Rhône Company has awarded a consortium led by VINCI Construction, which includes VINCI Energies, the project to double the downstream gates of the Bollène and Châteauneuf-du-Rhône locks. The contract, valued at 68 million euros, will commence in March 2026.
The National Rhône Company has entrusted the consortium of companies led by VINCI Construction, which includes VINCI Energies, with the task of doubling the downstream gates of the locks at Bollène in Vaucluse, and Châteauneuf-du-Rhône in Drôme. These enhancements will strengthen the safety and availability of river infrastructure on the Rhône. The consortium includes subsidiaries of VINCI Construction (Campenon Bernard Centre-East as the lead contractor, GTM Sud, and Océlian), a company from Actemium (a brand dedicated to the industry by VINCI Energies), and Baudin Chateauneuf.
Contract and Execution
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The contract is valued at 68 million euros, with VINCI's share amounting to 45 million euros. The work is scheduled to start in March 2026 and will last for five years. The project will utilize the combined expertise of local teams in civil engineering, hydraulics, mechanics, and electricity, working in a constrained site while keeping the existing locks and adjacent roads operational.
Environmental Impact and Expertise
The project aims to promote the development of low-carbon river transport on the Rhône. It confirms VINCI Construction's expertise in river works and developments, as well as VINCI Energies' ability to implement electrical solutions and control-command systems.
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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