VINCI

VINCI
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Vinci

Type	Société Anonyme
Founded	1899
Founder(s)	Alexandre Giros and Louis Loucheur
Headquarters	Rueil-Malmaison, France
Area served	Europe
Key people	Yves-Thibault de Silguy, Chairman Xavier Huillard, CEO
Industry	Automobile Parks, Construction, Engineering
Revenue	€ 30,428 million (2007)
Operating income	€ 3,006 million (2007)
Net income	€ 1,461 million (2007)
Employees	142,000 (2005)
Divisions	Eurovia, Vinci Park, Vinci Energies, Vinci Construction, Autoroutes du Sud de la France
Website	www.vinci.com

Vinci (Euronext: DG) is a French construction and electrical engineering company, formerly called Société Générale d'Enterprises. It employs over 134,000 employees. By revenue, it is the largest construction company in the world. Vinci is listed at Euronext's Paris CAC 40 Stock exchange.

1 History
2 Ownership
3 Financial Data
4 Turnover analysis
5 Major projects
6 Environmental Record
7 Investors
8 References
9 External links

History

The company was founded by Alexandre Giros and Louis Loucheur as Société Générale d’Entreprises S.A. (SGE) in 1899¹.

In 1986 SGE acquired Sogea, a business founded in 1878¹.

In 1988 the company acquired Campenon Bernard, a business founded in 1920¹.

In 1991 SGE acquired Norwest Holst, a company founded in 1969¹.

In 2000 it changed its name to Vinci¹.

In 2001 it acquired Groupe GTM itself a combination of Dumez, founded in 1880, and GTM founded in 1891¹.

In 2006 the company acquired Autoroutes du Sud de la France (the Southern Freeways Company)².

In February 2007 Vinci completed the acquisition of Soletanche-Bachy, the world-leading geotechnical specialist contractor³.

Ownership

SGE was owned by Compagnie générale d'électricité (CGE), now Alcatel, from 1966 to 1984, then by Saint-Gobain from 1984 to 1988, and then by Compagnie générale des eaux, now Vivendi, from 1988 to 2000⁴.

Financial Data

**Financial Data in euro millions**
Year	2000	2001	2002	2003	2004	2005	2006
Sales	17 331	17 172	17 554	18 100	19 520	21 543	25 634
Ebitda	1 122	1 557	1 664	1 778	2 021	2 150	3 946
Net Result share of the group	423	453	470	541	731	871	1 270
Net Debt	1 855	2 072	2 493	2 266	2 285	1 579	14 796
Staff	122 070	129 499	127 380	127 513	128 433	133 513	142 500

Source :'OpesC'

Turnover analysis

The turnover is split as follows:⁵

design and construction of works (43.6%): primarily in the fields of building, civil engineering and hydraulics
design, construction, renovation and upkeep of roads (30%; Eurovia): roads, highways, and rail roads. The group is also active in urban design and granulate production
design, execution, and maintenance of energy and telecom infrastructures (16.3%)
sub-contracted infrastructure management (9.6%): primarily managing roads and highways (mainly through Cofiroute), parking areas, airport activities (No. 3 worldwide for ground services)
other (0,5%): particularly real estate activities

The company operates under the VINCI Park brand a number of underground parking garages which it built in Paris (e.g. under the Champs-Élysées) and elsewhere.

Major projects

Vinci and its predecessor companies has been involved in many major projects including the Gariep Dam completed in 1971⁶, the Tour Montparnasse completed in 1972⁷, the Centre Georges Pompidou completed in 1977⁸, the Yamoussoukro Basilica completed in 1989⁹, the new visitor entrance to the Louvre completed in 1989¹⁰, the Channel Tunnel completed in 1994¹¹, the Pont de Normandie completed in 1995¹² and the Stade de France completed in 1998¹³, Rio-Antirio bridge, completed in 2004.