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VCISY Vinci SA (PK)

29.9989
0.1989 (0.67%)
Last Updated: 19:38:35
Delayed by 15 minutes
Name Symbol Market Type
Vinci SA (PK) USOTC:VCISY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.1989 0.67% 29.9989 29.89 29.99 30.00 29.86 29.885 27,491 19:38:35

Vinci 1Q Revenue Was Slightly Higher; Backs 2021 Outlook

22/04/2021 5:32pm

Dow Jones News


Vinci (PK) (USOTC:VCISY)
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By Cecilia Butini

 

Vinci SA said Thursday that revenue for the first quarter rose slightly on year and backed a previously given outlook for 2021.

The French construction-and-infrastructure company posted revenue of 10.18 billion euros ($12.25 billion) for the quarter up from EUR9.69 billion the previous year.

Revenue in France rose to EUR5.81 billion from EUR5.22 billion in the same period a year prior, while revenue outside of France was EUR4.37 billion compared with EUR4.5 billion the previous year, Vinci said.

The company backed the outlook it had given when it released its 2020 financial results, saying that it can't provide reliable earnings forecast for 2021 given uncertainties arising from the coronavirus pandemic. In any event, earnings won't recover to 2019 levels in 2021, it added.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

April 22, 2021 12:17 ET (16:17 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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