Vinci Energies

Jean-Yves Le Brouster
Chairman and CEO of VINCI Energies

Rise in revenue & operating profit

Although the economic and financial crisis was still far from over in 2010, the downturn appeared to have bottomed out at VINCI Energies, which turned in excellent performance in the latter part of the year. Our revenue rose and our operating profit improved substantially both in France and abroad. In most of the countries where we operate, our business units outperformed their forecast.

Major achievement thanks to a solid management model

We can all take credit for this achievement. By giving precedence to profitability over volume, each of our business units did its part in helping us succeed. Our model was once again vindicated. Our values of solidarity, trust, attentiveness and sharing again proved invaluable in helping us weather the recession. In the field, our dense network of locations enabled us to stay in close touch with our customers, understand their needs and respond speedily to support them. We joined forces as required, pooling our expertise to meet demand that was increasingly global.

Stepping up energy-related business activities

In 2010, VINCI again demonstrated its determination to step up its capabilities in energy-related business activities. Two particular events stand out: the formation of the Energy Business Line following the combination of VINCI Energies and Cegelec; and the creation of VINCI Facilities, a new major in multi-technical maintenance and facilities management, boosted by the acquisition of Faceo. The latter move will enable us to further develop the long-term dimension of our business. Our goal is to offer contracting authorities a full range of energy and information technology services, from systems design to operation. This is a challenge to which we can rise – by connecting our energies.