Slide 1: 2020 full year results
2020 full year results 5 February 2021 Acquisition of Transelec Comm Inc in Canada, by VINCI Energies
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking objectives and statements about VINCI’s financial situation, operating results, business activities and expansion strategy. These objectives and statements are based on assumptions that are dependent upon significant risk and uncertainty facto
Slide 3: 2020 highlights
2020 highlights Xavier Huillard, Chairman and CEO
Slide 4: VINCI Autoroutes: Foodtrucks solidaires
VINCI Autoroutes: « Foodtrucks solidaires » distributing free hot meals to lorry drivers on the network 4
Slide 5: VINCI Airports: first vaccine delivery at Belgrade airport
VINCI Airports: first vaccine delivery arriving at Belgrade airport (Serbia) 5
Slide 6: VINCI Highways: D4 motorway PPP contract in Czech Republic
VINCI Highways: operation and maintenance of the D4 motorway in the Czech Republic under a PPP contract. Design and construction to be carried out by Eurovia
Slide 7: VINCI Energies: acquisition of EWE Offshore Service & Solutions
VINCI Energies: acquisition of EWE Offshore Service & Solutions (Germany), a specialist in the development, operation and maintenance of offshore wind farms
Slide 8: Eurovia: ElectReon pilot road charging electric vehicles
Eurovia: pilot project with ElectReon in Germany for a road that charges electric vehicles wirelessly using induction
Slide 9: VINCI Construction: Sydney Gateway motorway contract
VINCI Construction: Sydney Gateway motorway contract in Australia
Slide 10: VINCI Immobilier: Universeine eco-district project
VINCI Immobilier: the Universeine eco-district project in Saint-Denis (France)
Slide 11: 2020 highlights
2020 highlights Significant fall in earnings in the context of an unprecedented health crisis Very strong free cash flow (€4 bn), close to the record 2019 figure Sharp year-on-year reduction in net financial debt and very high level of liquidity Increase in order intake and order book Dividend propo
Slide 12: 2020 Group key figures
2020 Group key figures Revenue Ebit Ebitda Free Cash Flow Δ FY 2020/FY 2019 Δ FY 2020/FY 2019 Δ FY 2020/FY 2019 Δ FY 2020/FY 2019 43,234 2,859 5,919 3,990 Data in € million (unless otherwise specified) -10.0% -50.2% -30.3% -5% Net Income Diluted net income/share (€) Dividend proposed (€) Net financi
Slide 13: 47% of 2020 revenue generated outside France
47% of 2020 revenue generated outside France (vs. 45% in 2019) 53% of 2020 contracting revenue generated outside France (vs. 50% in 2019) France €22.9 bn -13% 53% Central & North America Eastern Europe stable €3.4 bn +6% €2.2 bn 5% 8% Western Europe (excl. France) -8% €10.1 bn Asia/Middle East/ 23%
Slide 14: VINCI Autoroutes in 2020
VINCI Autoroutes in 2020 Revenue and Ebitda margin over the past 5 years Key takeaways 5.3 5.4 5.6 80,0% 5.1 79,0% 5,0 4.6 78,0% 77,0% 76,0% § Revenue : €4.6 bn (-17.5%) 74.7% 72.7% 75,0% 72.6% 73.0% 74,0% 73,0% 2,5 72,0% § Total traffic : -21.4% (-22.4% in Q4 2020) 71,0% 70,0% 70.0% 69,0% 68,0% ü L
Slide 15: VINCI Airports in 2020
VINCI Airports in 2020 Revenue and Ebitda margin over the past 5 years Key takeaways 2.6 140,0% § Revenue: €1.0 bn (-62.4% and -65.5% lfl*) 130,0% 120,0% 2 100 110,0% 100,0% § Airports passenger traffic**: -70% 1.6 1.4 90,0% 80,0% ü 77 m managed pax** in FY 2020 vs. 255 m in 2019 1 400 1.1 58.6% 55.
Slide 16: Other concessions in 2020
Other concessions in 2020 (VINCI Highways, VINCI Railways and misc.) Revenue and Ebitda margin over the past 5 years Key takeaways § Revenue in 2020: €235 m (-26.2%) ü Lamsac : €73 m (-37%) ü Gefyra (Rion-Antirion bridge in Greece): €33 m (-22%) Lamsac’s ü VINCI Stadium : €30 m (-57%) acquisition 35
Slide 17: VINCI Energies in 2020
VINCI Energies in 2020 Revenue and Ebit margin over the past 5 years Key takeaways § Revenue : €13.7 bn (-0.6% and -4.2% lfl). Q4 revenue up 1.2 % lfl 13.7 13.7 Good resilience in particularly tough economic conditions, thanks to VINCI 12.6 8,0% 12,0 10.2 10.8 7,5% Energies’ diversity in terms of ge
Slide 18: Eurovia in 2020
Eurovia in 2020 Revenue and Ebit margin over the past 5 years Key takeaways 10.2 9.6 7,0% § Revenue: €9.6 bn (-6.2% and -5.5% lfl). Q4 revenue stable (-0.7% lfl) 8.9 6,5% 9,0 7.6 8.1 6,0% 5,5% ü France: near-total shutdown of worksites during the first 4.2% 5,0% lockdown. Upturn in Q3 20, confirmed
Slide 19: VINCI Construction in 2020
VINCI Construction in 2020 Key takeaways Revenue and Ebit margin over the past 5 years § Revenue: €13.6 bn (-8.6% and -7.9% lfl). Q4 revenue up 1.5% lfl 18,0 9,0% 8,5% 13.7 14.0 14.2 14.9 13.6 8,0% 7,5% ü France: almost all worksites shut down during the first 7,0% 6,5% 6,0% lockdown, before reopeni
Slide 20: VINCI Immobilier in 2020
VINCI Immobilier in 2020 Key takeaways Revenue over the past 5 years § Revenue in 2020: €1.2 bn (-9.9% ) Business levels were affected by the lockdown in mid-March, which 1.3 caused projects to shut down and severely disrupted the marketing of 1.2 current developments. New development projects were
Slide 21: 2020 financial data
2020 financial data Christian Labeyrie, Executive Vice-President and CFO
Slide 22: Change in 2020 consolidated revenue by division
Change in 2020 consolidated revenue by division Concessions Real Estate Contracting €5,839 m -31.7% €1,189 m -9.9% €36,878 m -5.2% €48,053 m Organic Scope FX Organic Organic Scope FX €43,234 m -33.5% +2.2% -0.4% -9.9% -5.9% +1.7% -0.9% Total VINCI Group -10.0% -11.1% +1.9% -0.8% 2019 2020 Organic Sc
Slide 23: Change in 2020 consolidated revenue by geographical area
Change in 2020 consolidated revenue by geographical area France International €22,912 m -12.9% €20,323 m -6.5% €48,053 m Organic Scope Organic Scope FX -8.4% +3.6% -1.7% €43,234 m -13.3% +0.4% Total VINCI Group -10.0% -11.1% +1.9% -0.8% 2019 2020 Organic Scope FX Revenue change 23
Slide 24: Operating income from ordinary activities (Ebit)
Operating income from ordinary activities (Ebit) VINCI Group Ebit: €2,859 million (-50%) Ebit margin: 6.6% (vs. 11.9% in 2019) VINCI Autoroutes VINCI Airports VINCI Immobilier VINCI Energies Eurovia VINCI Construction 2,967 -985 -1,385 -54 1,016 827 773 1,981 -96 53.0% -260 42.9% 430 38.6% 335 396 -
Slide 25: Income statement
Income statement (in € millions) 2020 2019 Δ 2020/2019 Operating income from ordinary activities (Ebit) 2,859 5,734 -50.2% % of revenue 6.6% 11.9% - share-based payment expense (IFRS 2) (240) (291) - profit/loss of equity-accounted cos. & miscellaneous (108) 260 Recurring operating income 2,511 5,70
Slide 26: Sharp reduction in net financial debt during 2020
Sharp reduction in net financial debt during 2020 €3.7 bn decrease in net financial debt in 2020 (-17%) Ebitda Share buy-backs (21.7) 5.9 Acquisitions (0.3) Capital increases Δ Working /Disposals 0.7 Capex Capital Interest & (2.7) (0.4) (18.0) Requirement taxes paid 2.3 (1.6) Dividends misc. (0.7) 0
Slide 27: Strong free cash flow generation and high cash conversion
Strong free cash flow generation and high level of cash conversion Free cash flow generation 2010 to 2020: €30.3 bn total Average cash conversion* over the last 5 years: 164% 4.2 4.0 400% 350% 3.2 CAGR : +7.6% 3.0 2.9 300% 2.5 250% 2.1 2.2 2.2 1.9 2.0 200% 150% 100% 50% 0% 2010 2011 2012 2013 2014 2
Slide 28: Consolidated balance sheet
Consolidated balance sheet (in € million) 31 Dec. 2020 31 Dec. 2019 Non-current assets – concessions 40,879 42,968 Return on capital employed Non-current assets – contracting and other 14,212 14,055 (ROCE)* WCR, provisions and other current assets & liabilities (8,833) (6,965) in 2019 in 2020 Capita
Slide 29: Financial policy: liquidity increase
Financial policy: liquidity increase – very favourable terms for new bond issues Debt refinancing in excellent market conditions High level of liquidity In November 2020, VINCI carried out its inaugural €500 m 19.2 green bond issue (zero-coupon notes, due to mature in November 2028, with a slightly
Slide 30: Financial policy: optimisation of average cost of debt
Financial policy: optimisation of average cost of debt Strong credit rating Diversified sources of financing S&P A-/A2 Outlook stable Confirmed for VINCI SA, ASF and Cofiroute in October 2020 61% € 25% £ Moody’s A3/P1 Outlook stable Confirmed for VINCI SA and ASF in June 2020 31 December 2020 Decrea
Slide 31: Outlook
Outlook Xavier Huillard, Chairman and CEO
Slide 32: Autoroutes: traffic quickly returning to normal after lockdowns
VINCI Autoroutes: traffic quickly returning to normal after successive lockdowns Uncertain 2021 outlook, heavily dependent on how the pandemic unfolds and the potential resulting restrictions Change in VINCI Autoroutes monthly traffic levels in 2020 (vs. 2019) 20,0% 0,0% -20,0% -40,0% -60,0% -80,0%
Slide 33: Airports heavily impacted by travel restrictions
VINCI Airports heavily impacted by travel restrictions around the world Passenger numbers still very low, due to increasing travel Breakdown of seats by destination (FY 2019) limitations worldwide. Lack of visibility for 2021 10% Domestic 35% Change in VINCI Airports monthly passenger numbers* in 20
Slide 34: Contracting order book
Contracting order book Order book up 16% in 2020 International accounts for 60% (57% in 2019) Breakdown by business lines (in € bn) Breakdown by geographical area (in € bn) 42.4 42.4 +16% +13% +16% +13% 36.5 36.5 9.9 xx +9% 16.9 9.1 9.1 +9% xx 8.4 15.6 15.5 +5% xx 8.0 8.0 14.1 xx 9.9 9.9 +43% * 24.1
Slide 35: Outlook
Outlook Contracting Concessions Barring exceptional events and subject to the economic Lack of visibility on developments in the Covid-19 and public health situation stabilising in 2021, VINCI is situation and the potential resulting restrictions, so aiming to: it is not possible at this stage to of
Slide 36: Looking beyond 2020
Looking beyond 2020 After a very difficult 2020, VINCI is confident in its ability to bounce back when health conditions allow it, and is moving forward with enthusiasm Post-crisis growth will be green A great opportunity for VINCI Eurovia VINCI Airports VINCI Energies VINCI Autoroutes VINCI Constru
Slide 37: Dividend to be paid fully in cash
Dividend 22 April 2021 2020 dividend per share to be proposed to the €2.04 to be paid fully in cash Payment date shareholders’ General Meeting of 8 April 2021 20 April 2021 Ex-date Dividend per share since 2011 (in €) and dividend yield* in % 2.67 2.45 0.45** 2.22 2.10 1.84 2.04 2.04 1.77 1.77 1.77
Slide 38: VINCI's environmental ambition and 2020 performance
VINCI’s environmental ambition and 2020 performance Optimize resources Act for the Preserve natural thanks to circular Climate environments economy Ambition 2030 Ambition 2030 Ambition 2030 Ambition 2030 -40% greenhouse gases 90% low-carbone > 20 mt recycled aggregated commitments emissions vs 2018
Slide 39: VINCI's social performance in 2020
VINCI’s social performance in 2020 Aiming for global performance and sharing with our stakeholders the benefits of our performance 2 million 75% 21.1% 3,460,872 170,000 % of female managers in Employees and former hours of integration of companies without hours of training provided in 2020 2020 (vs
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Slide 41: Appendices
VINCI “ Appendices
Slide 42: Other information
VINCI “ Other information
Slide 43: VINCI 2020 key figures
VINCI 2020 key figures 217,731 €43.2 bn >100 3,200 >270,000 €50 bn employees Group revenue countries where estimated number estimated number market cap. at VINCI operates of business units of contracts December 31, 2020 Concessions Real estate Contracting Revenue: €5.8 bn Revenue: €1.2 bn Revenue: €
Slide 44: A growing internationalisation
A growing internationalisation 2010 revenue geographic breakdown 2020 revenue geographic breakdown 2% 4% 10% 5% 6% 7% 3% 5% €33.4 bn €43.2 bn 19% INCREASED EXPOSURE 53% TO INTERNATIONAL 23% 63% 2010 International Revenue CAGR 2010/2020 2020 International Revenue €12.5 bn +5.0% €20.3 bn France Africa
Slide 45: Shareholder base at December 31, 2020
Shareholder base at December 31, 2020 Rest of the World Rest of Europe 17.9% 6.0% Individual investors 7.4% 13.7% Employees Institutional United Kingdom investors 588.5 m 8.9% 75.4% shares 3.8% Qatar Holding LLC 4.5% Treasury shares 23.3% North America 14.5% France Shareholding structure* ü Over 800
Slide 46: VINCI's constant strategy
VINCI’s constant strategy Long cycles/significant equity investments Short cycles/low equity investments CONCESSIONS CONTRACTING ü Renewal of concession portfolio and extension of ü Prioritise margin over revenue growth average maturity ü Rigorous risk monitoring ü Focus on transport infrastructures
Slide 47: Aim for a global performance
Aim for a global performance A sustainable economic project is impossible without an ambitious social, workforce-related and environmental commitment. 47
Slide 48: VINCI's ESG ratings
VINCI’s ESG ratings 2020 2019 2018 2017 CDP Climate A- A- A- B Rating C+ CDP Water Security B B- C B- submitted not not CDP Forest C not scored submitted submitted « best in class » in 2020 (in Heavy Construction sector) 48
Slide 49: Financial Data
Financial Data As of December 31, 2020
Slide 50: Consolidated revenue
Consolidated revenue Δ 2020/2019 € in million FY 2020 FY 2019 Actual Like-for-like Concessions 5,839 8,544 -31.7% -33.5% VINCI Autoroutes 4,613 5,593 -17.5% -17.5% VINCI Airports 990 2,631 -62.4% -65.5% Other Concessions 235 319 -26.2% -24.0% Contracting 36,878 38,884 -5.2% -5.9% VINCI Energies 13,6
Slide 51: Consolidated revenue - France
Consolidated revenue - France Δ 2020/2019 € in million FY 2020 FY 2019 Actual Like-for-like Concessions 4,871 6,079 -19.9% -19.9% VINCI Autoroutes 4,613 5,593 -17.5% -17.5% VINCI Airports 185 371 -50.1% -50.1% Other Concessions 73 115 -36.7% -36.7% Contracting 17,481 19,555 -10.6% -11.2% VINCI Energ
Slide 52: Consolidated revenue - International
Consolidated revenue - International Δ 2020/2019 € in million FY 2020 FY 2019 Actual Like-for-like Concessions 968 2,464 -60.7% -64.1% VINCI Airports 805 2,261 -64.4% -67.8% Other Concessions 162 204 -20.2% -16.4% Contracting 19,397 19,329 +0.4% -0.6% VINCI Energies 7,802 7,591 +2.8% -2.9% Eurovia 4
Slide 53: Ebit by business line
Ebit - operating income from ordinary activities by business line € in million FY 2020 % of revenue* FY 2019 % of revenue* Δ 2020/2019 Concessions 1,586 27.2% 3,989 46.7% -60.2% Contracting 1,244 3.4% 1,654 4.3% -24.8% VINCI Energies 773 5.7% 827 6.0% -6.5% Eurovia 335 3.5% 430 4.2% -22.2% VINCI Con
Slide 54: ROI - Recurring operating income by business line
ROI – Recurring operating income by business line € in million FY 2020 % of revenue* FY 2019 % of revenue* Δ 2020/2019 Concessions 1,459 25.0% 4,146 48.5% -64.8% VINCI Autoroutes 1,968 42.7% 2,948 52.7% -33.2% VINCI Airports (597) -60.3% 1,187 45.1% -150.3% Other Concessions 87 11 Contracting 1,035
Slide 55: Ebitda
Ebitda* € in million FY 2020 % of revenue** FY 2019 % of revenue** Δ 2020/2019 Concessions 3,491 59.8% 5,796 67.8% -39.8% of which: VINCI Autoroutes 3,231 70.0% 4,178 74.7% -22.7% VINCI Airports 146 14.7% 1,466 55.7% -90.1% Contracting 2,188 5.9% 2,446 6.3% -10.6% VINCI Immobilier 42 3.6% 93 7.1% -5
Slide 56: Cash flow from operations before tax and financing costs (Ebitda)
Cash flow from operations before tax and financing costs (Ebitda) VINCI Group Ebitda: €5,919 million (-30%) Ebitda margin: 13.7% (-400 bp) VINCI Autoroutes VINCI Airports VINCI Immobilier Contracting 4,178 -947 -258 3,231 2,446 2,188 74.7% 70.0% 1,466 -1,320 6.3% 5.9% -51 55.7% 146 93 42 7.1% 14.7%
Slide 57: Cash flow statement (1/2)
Cash flow statement (1/2) € in million FY 2020 FY 2019 Ebitda* 5,919 8,497 Change in WCR** and current provisions 2,330 428 Income taxes paid (1,054) (1,547) Net interest paid (590) (458) Dividends received from companies accounted for under the equity method 71 170 Net operating CAPEX (994) (1,249)
Slide 58: Cash flow statement (2/2)
Cash flow statement (2/2) € in million FY 2020 FY 2019 Free cash flow (after CAPEX) 3,990 4,201 Net financial investments and other cash flows (370) (8,335) 1 Cash flow before movements in share capital 3,619 (4,134) Share capital increases and other operations 648 933 2 Dividends (721) (1,772) 3 Sh
Slide 59: Operating CAPEX
Operating CAPEX € in million FY 2020 FY 2019 Δ 2020/2019 Concessions 180 242 -62 VINCI Autoroutes 22 24 -2 VINCI Airports* 138 205 -67 Other Concessions 19 12 +7 Contracting 788 969 -181 VINCI Energies 164 160 +3 Eurovia 287 342 -56 VINCI Construction 337 466 -129 VINCI Immobilier and holdings 150 1
Slide 60: Growth CAPEX in concessions and PPPs
Growth CAPEX in concessions and PPPs € in million FY 2020 FY 2019 Δ 2020/2019 Concessions 1,035 1,026 +9 VINCI Autoroutes 731 775 -44 Of which : ASF 333 266 +68 Escota 86 92 -6 Cofiroute 216 181 +35 Arcos 89 227 -139 VINCI Airports 310 248 +62 Other Concessions -6 3 -9 Contracting 50 39 +11 Net grow
Slide 61: Net financial debt by business line
Net financial debt by business line Of which Of which Δ 31 Dec. 2020/ 31 Dec. 2020 external 31 Dec. 2019 external net debt net debt 31 Dec. 2019 in € million Concessions (32,718) (20,409) (33,952) (19,901) +1,234 VINCI Autoroutes (18,318) (14,484) (19,964) (14,275) +1,646 VINCI Airports (11,053) (5,
Slide 62: Maturity of gross financial debt
Maturity of gross financial debt Average maturity of gross financial debt (€27.9 bn) as of December 31, 2020: 7.7 years * 3 500 3 000 2 500 € Millions 2 000 1 500 1 000 500 0 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 >2035 * Concessions : 7.9 years ASF Cofiroute Othe
Slide 63: Average cost of future debt repayment
Average cost of future debt repayment 2021 2022 2023 2024 2025 2026 Nominal amount in € millions 1,611 3,171 1,686 1,463 1,776 1,583 Average rate * 2.64% 2.34% 1.43% 3.21% 0.98% 1.87% *After hedging ASF Cofiroute Arcour VINCI Airports Other concessions Holdings and misc. 63
Slide 64: A natural hedging against interest rates rise
A natural hedging against interest rates rise Natural hedge between floating rate + inflation linked debt and Ebitda (linked to inflation) + net cash managed (remunerated based on short-term floating rate) Evolution of the gross financial debt breakdown between fixed and floating rates portions (in
Slide 65: Business line profiles
VINCI “ Business line profiles
Slide 66: Concessions Profile
Concessions Profile Revenue and Ebitda margin evolution over the last 5 years 2020 revenue by geographical area 8.5 110,0% 105,0% 3% 6.9 7.3 100,0% 4% 6.3 95,0% 90,0% 5% 7,0 5.8 85,0% 80,0% 5% 75,0% France 70,0% 65,0% 68.4% 67.8% 60,0% 55,0% Portugal 68.3% 67.8% 50,0% 3,5 59.8% 45,0% 40,0% €5.8 bn 3
Slide 67: Concessions traffic evolution in 2020
Concessions traffic evolution in 2020 FY 2020 VINCI Airports passenger traffic FY 2020 VINCI Autoroutes traffic Var 2020/ Var Q4 20/ Passenger traffic (million pax) FY 2020 2019 Q4 19 Total Portugal 18.0 -69.6% -77.0% LV HV United- Kingdom 11.9 -77.5% -92.0% France 6.5 -68.1% -78.6% -21.4% -23.8% -6
Slide 68: Concessions capex forecasts
Concessions capex forecasts* In € million 2 000 1 800 1 600 1 400 1 200 VINCI Airports (incl. LGW Capex) 1 000 VINCI Autoroutes 800 600 400 200 0 2021e 2022e 2023e * Including fully consolidated assets only 68
Slide 69: Non-controlling stakes in concessions
Non-controlling stakes in concessions VINCI share, based on best estimates as of 31.12.2020 Projects consolidated by the equity method In € millions Equity invested Equity to be Equity committed at 31.12.2020 invested Kansai Airports (Japan) 253 253 0 Santiago Airport (Chile) 196 173 23 VIA 40 (Colo
Slide 70: VINCI Autoroutes
VINCI “ VINCI Autoroutes
Slide 71: Autoroutes - France's leading toll road concession operator
VINCI Autoroutes - France’s leading Toll Road concession operator A strategic location network 4,443 km approx. 50% >35% GCO* under concession of conceded French of total motorway toll roads network in France Intercity (1) network End of concession Apr. 2036 Feb. 2032 Jun. 2034 Dec. 2086 Dec. 2070 J
Slide 72: Autoroutes - tariff contractually CPI-linked
VINCI Autoroutes - tariff contractually CPI-linked Contractual framework of toll increases (LVs) ASF Escota Cofiroute Intercity Network End of 2036 2032 2034 concession 2021* 0.54% 0.47% 0.30% 70% x i 70% x i 70% x i 2022 to 2023 + 0.39% (2015 toll freeze) + 0.25 % (2015 toll freeze) + 0.10% (2015 t
Slide 73: VINCI Airports
VINCI “ VINCI Airports
Slide 74: Airports, 1st private airports operator worldwide
VINCI Airports, 1st private airports operator worldwide The most geographically diversified airports operator Passengers traffic1 (millions of pax.) evolution 45 platforms in 12 countries 255 195 157 132 69 77 43 47 10 2012 2013 2014 2015 2016 2017 2018 2019 2020 Passengers traffic* (millions of pax
Slide 75: VINCI Airports network (1/2)
VINCI Airports network (1/2) VINCI AIRPORTS VINCI Country Name Description mPAX in 2020 End of concession Traffic risk Consolidation* share London Gatwick Freehold 10.2 - 50% Yes Full consolidation UK Belfast International Freehold 1.7 2993 100% Yes Full consolidation Portugal ANA 18.0 (10 airports
Slide 76: VINCI Airports network (2/2)
VINCI Airports network (2/2) VINCI AIRPORTS VINCI Country Name Description mPAX in 2020 End of concession Traffic risk Consolidation* share Orlando-Sanford Concession 1.5 2039 100% Yes Full consolidation USA 4 airports : Hollywood Burbank Airport in California, Management 2.5 Atlantic City in New Je
Slide 77: VINCI Highways and other concessions
VINCI Highways and other concessions
Slide 78: Highways - Electronic Toll Collection developments
VINCI Highways - Electronic Toll Collection (ETC) developments Managed revenue of ETC in 2020: €53 m (vs €41 m in 2019) Serving about 2 million ETC subscribers worldwide UTS, Russian leader in M50 motorway operation and (Dublin ringroad) toll management SR91 Greece Express Lanes CTRMA CCRMA NTTA Tol
Slide 79: Highways
VINCI Highways VINCI HIGHWAYS Country Type Name Description End of concession VINCI share Traffic risk Consolidation Road Infrastructure Motorway A7 Bockenem-Göttingen 60 km 2047 50% no Equity method Motorway A4 Horselberg 45 km 2037 50% yes Equity method Germany Motorway A9 Thuringia/Bavarian borde
Slide 80: Highways and VINCI Stadium
VINCI Highways and VINCI Stadium Country Type Name Description End of concession VINCI share Traffic risk Consolidation Bridges & Tunnels Tunnel Prado Carénage 2.1 km road tunnel, Marseille 2033 33.3% yes Equity method France Tunnel Prado Sud 1.9 km road tunnel, Marseille 2055 58.5% yes Equity metho
Slide 81: Railways and other concessions
VINCI Railways and other concessions VINCI Railways Country Type Name Description End of concession VINCI share Traffic risk Consolidation Rail GSM-Rail Ground-train communication system on 14,000 km of track 2025 70% no Equity method France Rail SEA High-Speed-Rail 302 km of high-speed rail line be
Slide 82: Contracting
VINCI “ Contracting
Slide 83: Contracting profile
Contracting profile Revenue and Ebit margin evolution over the last 5 years 2020 revenue by geographical area 38.9 40,0 31.5 32.8 35.8 36.9 8,0% 7,5% France 11% 7,0% Germany 4% 6,5% Est. Revenue Non 6,0% Public 4.1% 5,5% UK 6% split public 4.3% 5,0% 4,5% 20,0 4,0% France 20% 27% 3,5% Central & Easte
Slide 84: VINCI Energies: digital transformation and energy transition
VINCI Energies: making digital transformation and energy transition a reality 2020 revenue by geographical area 1,800 €48 k 3% 5% average contract France 5% Est. Business Est. Revenue Non Units size Germany split Public public 43% Scandinavia France 9% 33% 23% €13.7 bn Rest of Europe International 7
Slide 85: Eurovia: sustainable mobility solutions for communities
Eurovia: developing sustainable mobility solutions for communities 2020 revenue by geographical area 500 €480 k France 6% 2% Est. Business average contract Germany 11% Est. Revenue Non Units size Public split public UK 2% Central & Eastern France 30% 20% Europe 11% €9,6 bn 51% International 36% 14%
Slide 86: VINCI Construction, France's leading construction company
VINCI Construction, France’s leading construction company and a major global player 2020 revenue by geographical area 815 €500 k France 7% 4% Business average contract Units UK 7% Est. Revenue Non size split Public public Central & Eastern Europe France 21% 28% Rest of Europe 11% 50% €13.6 bn Intern
Slide 87: Contracting order intake in 2020
Contracting order intake in 2020 Order intake up 4% in 2020 Breakdown by business lines (in € bn) Breakdown by geographical area (in € bn) 43.5 +4% 43.5 +4% 41.7 41.7 +12% +2% 14.4 14.2 18.7 20.0 -6% -7% 10.2 11.0 11.5 +40% 16.1 16.5 +14% 18.8 10.2 -15% 8.6 2019 2020 2019 2020 VINCI Energies France
Slide 88: FY20 major contracts awarded
FY20 major contracts awarded Eurovia / VINCI Energies Grand Paris Express: railway equipment and works contract for West sector of Line 15 South Grand Paris Express: contract for works package 1 of Line 18 VINCI Construction Contract to build Total’s new head office, The Link in la défense Preparato
Slide 89: The Grand Paris Express project
The Grand Paris Express project €9.5 bn attributed as of December 2020, o/w around €2.7 bn to VINCI entities Line 17 4 new metro lines around Paris and 2 line extensions Around Line 15 Line 11 Line 16 €35 bn 200 km 68 Automatic New stations Construction metro lines budget* Line 15 Line 14 Expected c
Slide 90: VINCI Immobilier
VINCI “ VINCI Immobilier
Slide 91: Immobilier
VINCI Immobilier 2020 reservations by destination Presence in €1.2 bn €1.4 bn 23 Buy to let private investors 17% 2020 consolidated 2020 managed Cities in France revenue revenue* (+ in Monaco and Poland) 41% Social, Institutional 6,120 Private owners 22% 20% Managed Residences Residential Real Estat
Slide 92: Notes
Notes VINCI “ i eeeeeeererererrrrrrrC“(;i‘;..:tsSC(‘é#.ST.TUC*#;®;:S:S::
Slide 93: IR team and agenda
IR team and agenda TEAM AGENDA Grégoire THIBAULT Alexandra BOURNAZEL Deputy-head of investor relations 8 April 2021 Head of investor relations gregoire.thibault@vinci.com alexandra.bournazel@vinci.com VINCI Shareholders meeting Tel: +33 1 47 16 45 07 Tel: +33 1 47 16 33 46 April 2021 20 Walid LOUNIS