VINCI Secures €144 Million Contract to Enhance Drinking Water Networks in Jamaica
VINCI Group has been selected by the Jamaican National Water Commission for a major hydraulic project under the Western Water Resilience Programme. Valued at €144 million, the contract involves the design and construction of new infrastructure aimed at sustainably securing the drinking water supply in the northwest of the island.
VINCI Construction Grands Projets will carry out a design-build project for the National Water Commission (NWC), which includes 68 kilometers of large-diameter cast iron drinking water pipelines, as part of phase 1 of the Western Water Resilience Programme in Jamaica. The contract, worth €144 million, aims to renovate and expand water networks in a region experiencing significant demographic, tourist, and industrial growth. The works, lasting 36 months, will cover nearly 130 kilometers along an existing road corridor, including sensitive areas and crossing structures. The site will employ over 100 local individuals. The selected materials are aimed at achieving a target lifespan of over 50 years and a sustainable reduction in network losses.
Environmental Considerations and Resilience
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The project is part of a governmental program to mitigate the effects of drought and strengthen the country's climate resilience. The works will be conducted in coordination with the National Environmental and Planning Agency (NEPA) to ensure the protection of natural environments, particularly during river crossings. Having been present in Jamaica since 1999, VINCI Construction Grands Projets has been supporting the NWC in the development of drinking water and sanitation infrastructure. The group also intervened in 2025 for emergency repairs following Hurricane Melissa and is currently involved in the Rio Cobre drinking water treatment plant project.
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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