Vinci Sa Act (VCISF) Q3 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for standing by, and welcome to the Winchee 9-Month 2023 Revenue Conference Call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero. At this time, I would like to turn the conference over to Mr. Grigoire Thibault, Head of Investor Relations. Please go ahead, sir. Thank you. Hello, everybody, for attending this conf call. I'm today with the investor relations team, Boris Vallée and Marie Echard. And as usual, we'll try to be brief to have more time for the Q&A. And because I know there are other conf calls this evening for some of you. So what are the key takeaways of this publication? First, a solid operating performance overall in Q3. strong business levels with Q3 revenue of 18.3 billion euros, up 9% year-on-year. This trend confirms the nihilism of Vinci's businesses, both in France and abroad. I will give you more granularity later in my presentation. In the first nine months of 2023, total revenue amounted to 50.6 billion euros, up 12% year-on-year and 10% like-for-like. International revenue made up a new record 57% of the group total. International revenue is up 18% and up 15% life-for-life. Changes in scope were boosted mostly by OMA in Mexico for energy imports and by the recent acquisition made by Vinci Energy, including Contron AG and Otera AS in Norway. Exchange rate movements had a slightly negative impact on revenue, because the euro rose against several currencies, of which the sterling and the dollars. Brent, 43% of the total revenue, was up 5% in nine months. Point number two. Groups ordering tech wer...