Euro 6,000,000,000 Euro Medium Term Note Programme Due from ...

deconstruction, drainage, earthworks, roadways and utilities, urban renovation, civil
engineering structures and noise barriers;
- Quarries: Eurovia operates a network of more than 400 quarries producing 86 million
tonnes of aggregate annually (Eurovia’s share is 69 million tonnes), and 150 materials
recovery and recycling facilities. Eurovia’s reserves represent more than 49 years of
output (it controls more than 3.4 billion tonnes of reserves of aggregates);
- Industrial production: Eurovia operates a network of 47 binder plants and 375 hot mix
plants supplying 22 million tonnes of asphalt annually. A further 10 factories produce
equipment, including road signage (panels, overhead sign gantries, paint) and industrial
and retail floorings (resins) along with concrete and pre-fabricated products such as noise
barriers.
- Services: Eurovia provides management and maintenance of road systems under longterm
contracts, as well as services relating to ancillary equipment such as vertical and
horizontal signage and safety equipment, and maintenance of all connected structures, e.g.
public lighting, traffic signals, amenities, green spaces and vegetation.
Eurovia invests heavily in research and development of products and processes to protect the
environment, including materials recycling and cutting CO2 emissions. In 2012, Eurovia
represented a turnover of € 8,747 million and an operating profit from ordinary activities of € 277
million corresponding to 3.2 per cent. of the turnover.
VINCI Construction: VINCI Construction delivers a comprehensive array of capabilities in
building, civil engineering, hydraulic engineering and contracting-related specialties.
The distinctive feature of VINCI Construction, beyond its broad range of expertise, is its business
model based on three components that form an excellent strategic fit.
(i) Networks of local subsidiaries:
- within France, VINCI Construction France, comprising 467 profit centers with strong regional roots
in mainland France, and VINCI Construction DOM-TOM, comprising about 30 local subsidiaries
in overseas France;
- outside France, VINCI Construction UK in the United Kingdom, CFE (in which VINCI holds a
46.8 per cent. interest) operating mainly in the Benelux countries, Warburd, Prumstav, SMP, SMS
and APS Alkon in Central Europe and Sogea-Satom in Africa;
Credit Rating
(ii) Specialized civil engineering subsidiaries serving global markets:
Soletanche Freyssinet (foundations and ground technologies, structures, nuclear activities);
Entrepose Contracting (oil and gas infrastructure); DEME, in which CFE holds 50 per cent. interest
(dredging, marine engineering, site remediation, offshore activities and wind turbines).
(iii) A division dedicated to complex project management and execution:
VINCI Construction Grands Projets, VINCI Construction Terrassement and Dodin Campenon
Bernard, which work on major civil engineering and building projects around the world.
In 2012, VINCI Construction represented a turnover of € 15,327 million and an operating profit
from ordinary activities of € 625 million corresponding to 4.1 per cent. of the turnover.
VINCI is currently rated BBB + / A-2 with a stable outlook by S&P and Baa1 / P2- with a stable outlook by
Moody's.
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