Vinci SA

DG: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€915.00	Hplpcc	Gzdbgbqt

Vinci On Track to Deliver Impressive Operating Income Growth in Fiscal 2024

Matthew Donen

Jul 26, 2024

Business Strategy and Outlook

Vinci’s strategy to extend the maturity of its concession portfolio will help the business earn maintainable economic profits. The group's portfolio of long-dated concession assets such as toll roads and airports (70% of operating profits) are difficult to replicate and provide a stable source of income.

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