Vinci Sa Act (VCISF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, dear shareholders, good morning. Welcome. Welcome to Vinci's annual general meeting. It's such a pleasure to see you all again, year after year again. As you can see, we have a broader stage here. As a result of the succession plan, last year, you elected Pierre Anjolras as Chief Executive Officer. He was appointed as such as of May 1st, 2025. And therefore, it is Pierre Anjolras who will present the group's performance and outlook alongside Christian Labeyrie, whom you know very well. This will be Christian's final AGM. So next year you will meet his successor, Thierry Mirville. He is with us today. Christian has been the group's chief financial officer since 1999. And I know that we've changed the venues from time to time, but he has stood at this podium 27 times for our AGMs. This must be a CAC 40. and that gives you a sense of the pivotal role that he has played in Vinci's remarkable journey. So I think he deserves a warm round of applause. We also have Patrick Richard with us, General Counsel for 25 years, Secretary to the Board and to the AGM since 2017. And for him as well, this will be the last of a long series of 20 AGMs. If all goes well, Sophie Desbrouquens, who is also here with us today, will be replacing Patrick in a couple of months. Once again, Patrick, many thanks for your tireless and invaluable contributions. All of these transitions are taking place in a natural and carefully considered way. Pierre and I talk constantly. We have a constant focus on continuity. And in just a few moments you will see that your group remains true to itself. It has the same strategic vinci, the same way of operating. We call it the vinci way and above all we have the same discipline and commitment to all-around performance, combining economic, so...