2013-vinci-annual-report
2013-vinci-annual-report
2013-vinci-annual-report
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Competitive position of VINCI Energies in its main markets<br />
France<br />
VINCI Energies is market leader,<br />
notably due to the acquisition of<br />
Cegelec and Faceo in 2010, in a<br />
fragmented market in which the<br />
top six players account for only<br />
around 45% of the total. Its main<br />
competitors are GDF Suez<br />
Energie Services, Spie, Eiffage<br />
Energie, Bouygues Energies &<br />
Services and SNEF.<br />
Rest of Europe<br />
VINCI Energies is one of the<br />
leading electrical engineering and<br />
installation companies in six<br />
countries: Germany (where the<br />
pace of its growth increased<br />
significantly in 2012 following the<br />
acquisition of GA Gruppe),<br />
Switzerland, Belgium, the<br />
Netherlands, Portugal and<br />
Romania.<br />
Its main competitors are:<br />
– in Germany, Bilfinger and<br />
Thyssen Krupp Industrial Services<br />
in insulation, Minimax in fire<br />
protection, Imtech and Siemens<br />
in electrical installation;<br />
– in Switzerland, Burkhalter and<br />
Alpiq in electrical installation and<br />
telecommunications;<br />
– in Benelux countries, GDF Suez<br />
Energie Services and Imtech.<br />
Outside Europe<br />
VINCI Energies operates in Africa,<br />
the Middle East, Asia and the<br />
Americas. It is the leading player<br />
in Morocco.<br />
74 CONTRACTING / VINCI ENERGIES<br />
Source: company literature.<br />
VINCI Energies in figures<br />
Revenue<br />
(in €m)<br />
9,017<br />
2012<br />
9,248<br />
<strong>2013</strong><br />
Net income<br />
attributable to owners<br />
of the parent<br />
(in €m and as a % of revenue)<br />
Operating income from<br />
ordinary activities<br />
(in €m and as a % of revenue)<br />
325 318<br />
502 517<br />
532<br />
2012 (*) <strong>2013</strong><br />
2012 (*) <strong>2013</strong><br />
2012<br />
3.6% 3.4%<br />
5.6% 5.6%<br />
5.9%<br />
Ebitda (**)<br />
(in €m and as a % of revenue)<br />
536<br />
5.8%<br />
<strong>2013</strong><br />
Net financial debt (***)<br />
(in €m)<br />
Revenue by business sector<br />
(as a percentage)<br />
47<br />
64<br />
Infrastructures 26%<br />
Service sector 32%<br />
Industry 32%<br />
Tele coms 10%<br />
2012<br />
<strong>2013</strong><br />
Revenue by geographical area<br />
(as a percentage)<br />
France 59%<br />
Germany 18%<br />
Switzerland 4%<br />
Belgium 4%<br />
Netherlands 2%<br />
Rest of Europe 7%<br />
Africa 3%<br />
Rest of the world 3%<br />
(*) Amounts adjusted in line with the change in accounting method arising from<br />
the application of IAS 19 Amended “Employee Benefits”.<br />
(**) Cash flow from operations before tax and financing costs.<br />
(***) At 31 December.
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