Vinci SA
DG: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€425.00 | Zzwpdj | Zpbvwsj |
Vinci On Track to Deliver Impressive Operating Income Growth in Fiscal 2024
Business Strategy and Outlook
Vinci’s strategy to extend the maturity of its concession portfolio will help the business earn maintainable economic profits. The group's portfolio of long-dated concession assets such as toll roads and airports (70% of operating profits) are difficult to replicate and provide a stable source of income.