Vinci Energies: sets targets for 2023
(CercleFinance.com) - Ahead of a CMD devoted to Vinci Energies, Vinci forecasts mid- to high-single-digit annual sales growth for this division between 2024 and 2030.
Vinci Energies is also targeting international sales of 65% of the total and an operating margin of at least 7.5% by 2030, as well as a net income-to-cash conversion rate of at least 100% on average by 2030.
In addition, based on various methodologies (discounted cash flow, comparable multiples and sum of parts), the construction and concessions group estimates Vinci Energies' enterprise value at over E20bn.
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