VINCI - 2005 annual report

KEY FIGURES
In € millions and as a percentage of revenue
REVENUE OPERATING PROFIT
FROM ORDINARY
ACTIVITIES
5,332 5,755 6,457
2003 2004 2005
* Before tax and fi nancing costs.
EUROVIA’S COMPETITIVE POSITION
IN ITS MAIN MARKETS
France: On a roadworks market estimated at €12.2 billion, Eurovia
comes in second place, behind Colas (Bouygues Group) and
ahead of Appia (Eiffage Group). Some 1,700 regional operators
share the rest of the market. In addition, Eurovia is the leading road
aggregate producer in France.
Germany (market worth an estimated €12 billion): Eurovia GmbH
ranks second behind Strabag; other signifi cant players are only
regional in scope.
Sources: Usirf, internal studies (market estimates); Le Moniteur (Dec. 2005), internal studies and Czech Top 100 (competitive position).
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VINCI 2005 ANNUAL REPORT
217 235
2004 2005
REVENUE BY
BUSINESS LINE
NET PROFIT CASH FLOWS
FROM OPERATIONS*
139 159
2004 2005
368 379
3.8% 3.6% 6.4% 5.9%
1. Roadworks 54%
2. Materials production 15%
3. Quality of life
and environment 23%
4. Services 8%
Total 100%
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2004 2005
1.
NET FINANCIAL
SURPLUS
658 631
2004 2005
REVENUE BY
GEOGRAPHICAL AREA
1. France 56%
2. Germany 11%
3. Central and
Eastern Europe 11%
4. United Kingdom 10%
5. Other European countries 4%
6. North America 7%
7. Rest of the world 1%
Total 100%
Czech Republic (market worth an estimated €4 billion): SSZ
is the market leader for roadworks; signifi cant competitors are
Skanska, Metroslav and Strabag.
United Kingdom: Ringway operates mainly within the framework
of multi-year maintenance contracts.