VINCI - 2005 annual report

CONSTRUCTION ENERGY CONSTRUCTION ENERGY CONSTRUCTION / OUTLOOK
/ PERSPECTIVES
Accelerating rollout of local
and global solutions in Europe
VINCI Energies
will continue its
Europe-centred
international
development
strategy,
combining organic
growth and
acquisitions
and accelerating
the rollout of its
brand networks.
64
VINCI 2005 ANNUAL REPORT
Driven
by ongoing development in energy and information
technologies, the markets on which VINCI Energies
operates offer good long-term prospects. The demand for energy, transport
and telecommunications infrastructure equipment remains strong in many
European countries. Moreover, VINCI Energies operates on markets
with strong replacement demand, providing recurring business activity,
generated by rapid technological change and ongoing standardisation
requirements. VINCI Energies will continue its growth while consolidating
its market position as a services company, establishing a link between
OEMs and operators on the one hand and users, who have an increasing
need for advice, customised solutions and overall management of their
requirements, on the other. Building on the strong roots its business units
have established on their markets, on their high-quality offerings and on
the responsiveness of its networked management system, VINCI Energies
will continue its Europe-centred international development strategy,
combining organic growth and acquisitions and accelerating the rollout
of its brand networks.
In energy infrastructure, the effective liberalisation of the French market,
the resumption of investments, the development of the wind power sector and
new projects in the nuclear fi eld hold out prospects for growth. VINCI Energies
will also be taking advantage of the strong demand for transport infrastructure
equipment. The urban lighting business line will continue to expand thanks
to its offering, which combines creativity with global management
and energy savings.
In industry, VINCI Energies will step up the deployment in Europe of its
Actemium (electrical engineering, PLCs) and Opteor (maintenance) brands,
supporting its customers in setting up their new locations and in
the modernisation and operating optimisation of their existing sites.
In the service sector, VINCI Energies will be leveraging its core business
positions, intensifying its specialised offering in each market segment (health
care, retail, education, offi ces, culture) and expanding its property maintenance
activity by reinforcing its specialised teams.
In telecommunications infrastructure, Graniou will continue its international
development, supporting operators and equipment manufacturers in the
rollout, upgrade and maintenance of mobile telephony (3G, HSDPA, Edge, etc.)
and fi xed-line broadband networks. In company communications, Axians will
be confi rming its position in high-service-content and high-expertise offerings
– especially in the new technologies (voice over IP) that are driving the market –
and leveraging its new European dimension. Global revenue is expected to rise
rapidly to €500 million in the telecommunications business line.