Essentials 2026

VINCI’s 2025 financial statements show an increase in revenue and record earnings.Despite the tax burden in France, net income was higher than in 2024, free cash flow hit a record €7 billion and net financial debt fell by €1.3 billion.
Consolidated revenue rose by 4.0% to €74.6 billion. Consolidated net income attributable to owners of the parent was €4.9 billion. In France (41% of the total), revenue was €30.7 billion, up 1.2%. 
Outside France (59% of the total), revenue came to €43.8 billion, up 5.7%. Free cash flow hit a record €7 billion.

Forging the sustainable transformation of living environments, infrastructure, mobility and the energy transition at a local level. VINCI fully embraces its responsibility to deliver on its 2030 environmental ambition, with its twofold objective: significantly reduce the direct impact of its activities and help to shrink the footprint of its customers, users, suppliers and partners through shared solutions. This environmental ambition is structured into the three interdependent pillars below.

Act for the climate: VINCI aims to reduce its direct emissions (Scopes 1 and 2) by 40% by 2030 from 2018 levels and reduce its indirect upstream and downstream emissions (Scope 3) by 20% by 2030 from 2019 levels. These targets, validated by the Science Based Targets initiative (SBTi), align VINCI with the well below 2°C scenario, within a robust methodological framework.

Optimise resources: thanks to the circular economy VINCI is committed to reducing the footprint of its activities by adopting a circular economy approach. This strategy is structured into three complementary areas of action: promoting the use of construction techniques and materials that economise on natural resources; increasing the supply of recycled materials and processing facilities, especially in road activities; improving waste sorting and recovery by creating specific channels and raising user awareness.

Preserve natural environments: VINCI aims to limit its impacts on natural environments and adapt its businesses to long-term ecological challenges. The Group applies the avoid, reduce, compensate hierarchy and aims to achieve no net loss of biodiversity by 2030. This strategy focuses on four areas: strengthening governance, improving knowledge, reducing the pressures on biodiversity of the Group’s activities and developing the restoration of natural environments.

Promoting inclusive growth by being a responsible employer and a partner to regional development.

Promote sustainable employability: VINCI is committed to improving the employability of its employees by developing their skills through training and building attractive, sustainable career paths. This ambition contributes to their professional fulfilment and is reflected in solid training programmes and a managerial environment that fosters inclusion, autonomy and responsibility. 

Share and redistribute the benefits of performance: for nearly 30 years, VINCI has pursued an ambitious employee share ownership policy involving as many of its employees as possible in the Group’s success and the benefits of its performance. At end-2025, more than 176,000 current and former employees in France and abroad collectively held 11.3% of VINCI’s share capital, making them the Group’s largest shareholder. Also in 2025, more than 14,000 children of employees worldwide benefited from a free-of-charge online tutoring service.

Act to promote inclusion and diversity: VINCI seeks to foster equal opportunity and prevent all forms of discrimination in its businesses. The Group is committed to promoting gender diversity, and has set a target to increase both the percentage of women in management positions and the percentage of women members on the Group’s management committees to 30% by 2030. It also continues to roll out its concerted policy to support the employment of people with disabilities.

Respect human rights: In all the countries where it operates, VINCI has a responsibility to prevent the risk of human rights violations and exercises heightened vigilance in this area. Guidelines have been included in VINCI’s Guide on Human Rights, which applies to all Group businesses and locations.

As stated in the commitment of the VINCI Manifesto “Together! Strive for zero accidents”, employee safety remains the Group’s number one priority. VINCI rejects the idea that workplace accidents are unavoidable.

VINCI’s businesses are exposed to several major risks (falling from heights, moving heavy loads, electrical hazards, collisions with worksite machinery). These risks are difficult to control due to the nature of the Group’s operations, which involve multiple worksites, a variety of settings, simultaneous activities and third parties. 

Its true safety culture has been instrumental in achieving better results than most of the Group’s peers. This culture and approach apply to all individuals – employees, temporary staff and subcontractors – working on a VINCI construction or operating site, as well as customers of managed infrastructure. 

The Group aims to eliminate all accidents by adhering to rigorous methods: safety by design, ongoing risk assessment, implementation procedures, appropriate collective and personal protection equipment, training, and continuous feedback. VINCI’s health and safety policy is implemented under the direct oversight of managers, who are responsible for spreading the safety culture on a daily basis. In the field, the accident prevention programme is managed by a network of 2,850 health andsafety employees. And progress is tangible: in 2025, 76% of VINCI companies reported no lost-time workplace accidents, proving that the target can be reached. Safety is an everyday goal, and VINCI’s Chief Executive Officer has initiated a collective campaign and made safety a key priority, with the support of the Board of Directors.

VINCI has adopted a rigorous framework so that all its employees can contribute effectively to the Group’s integrity and transparency requirements.

Engage all employees: the Group expects the highest standards of conduct from each employee based on a sense of honesty, loyalty, respect for dignity and individual rights. The Group’s Code of Ethics and Conduct lays down all the principles of business ethics that apply to all its businesses and employees in all circumstances, and to all countries where it operates. It is used in tandem with the Anti-corruption Code of Conduct, which details the rules concerning the prevention of all acts of corruption, notably identifying risks in business processes and defining conduct to be avoided. 

Involve partners and subcontractors: the integrity and transparency requirement does not just apply to Group companies and employees, but also to its partners and subcontractors. In addition to their technical expertise and ability to fulfil their duties, subcontractors are also assessed for their commitment to complying with human rights and business ethics, and their commitment to VINCI’s values. 

Report issues via VINCI Integrity:  the online whistleblowing platform called VINCI Integrity is available in five languages on the Group intranet and website. In addition to the systems specific to each entity, it enables employees and all other stakeholders to report any inappropriate behaviour in the areas of human rights, business ethics, environmental