VINCI - 2005 annual report

VINCI Energies
at the Zénith concert halls
Meanwhile, VINCI Energies is starting work
on two Zénith concert halls being built in two
different cities. In Nantes, it will be installing
the low voltage equipment in the hall, which
is set to open at the end of 2006; in Limoges,
the project consists of equipping a ventilationsmoke
extraction room with distribution ducts.
Service Sector
ENERGY / BUSINESS REPORT
The service sector remained
buoyant overall in 2005. Business
activity continued to be brisk in the health care, logistics, banking and public
housing sectors, while offi ce buildings stabilised at an inventory level
corresponding to normal market operation. Major projects for the year included
the fi tting out of the head offi ce of the Le Figaro newspaper in Paris, the CBX tower
in Paris-La Défense (electrical systems, climate engineering and plumbing),
the headquarters of the Mouvement Leclerc (HEQ climate engineering)
in Ivry sur Seine and the Grand Horizon building in Marseilles. As projects were
completed, new orders came in for major projects such as the Granite and
T1 towers in Paris-La Défense, the Zénith concert halls in Nantes and Limoges,
the new S3 terminal at Paris CDG Airport, the hospital in Vesoul in eastern France
and the Army hospital in Toulon. These offer good ongoing prospects for 2006.
On many of these projects, VINCI Energies is working for VINCI Construction
companies. On a market on which the number of general contracting tenders
is growing, intra-group cooperation is a major source of business activity
for VINCI Energies. The trend is expected to increase as public-private
partnerships pick up steam.
In the service sector, business activity is concentrated in the large number
of smaller contracts in new and existing buildings that form the bedrock
of VINCI Energies business units. The excellent relations developed over time
with customers is particularly noticeable in building maintenance business
activities. Revenue of the Opteor network, which operates in this sector,
continued to grow in 2005 with major multi-site maintenance contracts
placed by Total (520 service stations in the greater Paris region and in northern
France), the Gecina property group and the Thiriet food processing group
(electrical systems maintenance at 160 stores and warehouses).
A major recruitment effort was undertaken to keep pace with this growth.
In fi re protection, the Protec Feu, TPI and LPI subsidiaries in France had a
good year. In Germany, the integration of the recently-acquired GFA company
proceeded smoothly; Calanbau, which had a diffi cult year because of very
aggressive competition, faces a brighter outlook in 2006. Again in Germany,
the turnaround at Nickel was confi rmed in the wake of its repositioning
on the buoyant facilities management market.
And fi nally, in its fi rst year within the group, the Kastt company, which
operates in climate engineering on the Czech market, had a satisfactory year.
INTEGRATED EXPERTISE IN THE HOSPITAL SECTOR
INTEGRATED EXPERTISE IN THE HOSPITAL SECTOR
VINCI Energies has complementary expertise enabling it to develop global solutions for the technical equipment of hospitals
while meeting particularly stringent reliability requirements. As part of a consortium led by Sogea Construction (VINCI Construction),
VINCI Energies is in charge of implementing all climate engineering and electrical system works packages at the Toulon Army hospital (under a €40 million
contract). The group’s business units are also taking part in the modernisation of the Mangot-Vulcin hospital in Martinque (€17 million) and the equipment
at the new Vesoul hospital (climate control, smoke venting, plumbing, medical fl uids, building automation systems). At the Rouen teaching hospital (opposite),
VINCI Energies provided, among other things, the power supply and electrical equipment of the scanner and cardiac catheterisation rooms.
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