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VINCI - 2005 annual report

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All business lines contributed to<br />

the improvement in the Group’s<br />

performance in <strong>2005</strong>.<br />

<strong>2005</strong> Revenue (1)<br />

+10%<br />

1. – In € millions.<br />

2. – In € millions and as a percentage of revenue.<br />

8<br />

18,111 19,520 21,543<br />

2003 2004 <strong>2005</strong><br />

Business growth was driven by both<br />

France and the international market.<br />

It was mainly organic: at constant<br />

scope of consolidation and exchange<br />

rates, revenues increased by 9%. <strong>VINCI</strong><br />

Construction and Eurovia recorded a<br />

very good year, with business activity<br />

up more than 12% (like-for-like) in<br />

each of these divisions.<br />

<strong>VINCI</strong> <strong>2005</strong> ANNUAL REPORT<br />

<strong>2005</strong> Operating profi t<br />

from ordinary activities (2)<br />

+21%<br />

1,300 1,568<br />

6.7 % 7.3 %<br />

2004 <strong>2005</strong><br />

All Group business lines contributed<br />

to this further improvement in operating<br />

profi tability. The increase at <strong>VINCI</strong><br />

Construction (+43%) is particularly<br />

noteworthy.<br />

<strong>2005</strong> Net profi t<br />

attributable to equity holders<br />

of the parent (1)<br />

+19%<br />

732 871<br />

2004 <strong>2005</strong><br />

All business lines contributed<br />

to the strong gain in net profi t.<br />

<strong>VINCI</strong> Concessions was the leading<br />

contributor to net profi t attributable to<br />

equity holders of the parent company,<br />

ahead of <strong>VINCI</strong> Construction. <strong>VINCI</strong><br />

Energies and Eurovia also improved<br />

their contributions.

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