Vinci SA (FRA:SQU)
€ 102.3 -0.05 (-0.05%) Market Cap: 58.01 Bil Enterprise Value: 80.80 Bil PE Ratio: 12.92 PB Ratio: 2.06 GF Score: 88/100

Vinci SA to Acquire ACS Industrial Services Inc Energy Business Call Transcript

Apr 01, 2021 / 12:00PM GMT
Release Date Price: €90.06 (+2.69%)
Operator

Welcome to the VINCI Conference Call. I will now hand over to Mr. Xavier Huillard, Chairman and CEO of VINCI. Sir, please go ahead.

Xavier M. P. Huillard
VINCI SA - Chairman & CEO

Thank you. Good morning or good afternoon, everybody. Thanks to be with us this afternoon. We are in Paris. I have Christophe Pélissié du Rausas, who is the guy who made the deal; Christian Labeyrie, who is the guy who will pay for that deal; and me; plus Gregoire; or Alexandra; et cetera.

What I would like first to say that, of course, we are very happy to make this major strategic move. Why? You probably remember that we permanently explained that our 3 main strategic goals were: first, to grow our energy business; second, to broaden and extend the average maturity of our concession portfolio; and third, more recently, to contribute to the climate challenge and particularly by reducing our CO2 footprint in line with [accordo Paris].

If I go back to the first item, to grow our energy business. As you know, we multiplied by 4 or a little bit more than 4 in

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