Vinci 1Q Revenue Was Slightly Higher; Backs 2021 Outlook
By Cecilia Butini
Vinci SA said Thursday that revenue for the first quarter rose
slightly on year and backed a previously given outlook for
The French construction-and-infrastructure company posted
revenue of 10.18 billion euros ($12.25 billion) for the quarter up
from EUR9.69 billion the previous year.
Revenue in France rose to EUR5.81 billion from EUR5.22 billion
in the same period a year prior, while revenue outside of France
was EUR4.37 billion compared with EUR4.5 billion the previous year,
The company backed the outlook it had given when it released its
2020 financial results, saying that it can't provide reliable
earnings forecast for 2021 given uncertainties arising from the
coronavirus pandemic. In any event, earnings won't recover to 2019
levels in 2021, it added.
Write to Cecilia Butini at firstname.lastname@example.org
(END) Dow Jones Newswires
April 22, 2021 12:17 ET (16:17 GMT)
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