Full Year 2022 Vinci SA Earnings Call Transcript
Good morning to you, one and all. Thank you for taking part in this meeting. As is our custom. As -- I'm with Christian Labeyrie. In the room, we've also got most of the executive committee members, including Jose Maria, Chief of Cobra IS, who will be able to field questions later if anyone has questions in English.
First of all, to look at some pictures. They're very important. On the cover page, here, we can see the establishment in the North Sea or the first conversion platform, AC/DC conversion built by Cobra with a joint venture, Siemens Energy.
As you saw in our press releases, we've got 5 others on order. The last 2 are about twice as big as what we see here. Capacity is 2x greater -- more than 2x greater than the capacity of the first 2 stations. We can come back to the point.
Now this picture tells us again that France won't meet its carbon neutrality commitments by 2050 without a major and highly urgent effort to decarbonize roads, particularly motorways. We're already working very hard on our VINCI Autoroutes
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