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VINCI SA's (VCISF) Q2 2021 Results - Earnings Call Transcript

Aug. 01, 2021 11:27 PM ETVinci SA (VCISF), VCISY
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VINCI SA (OTCPK:VCISF) Q2 2021 Earnings Conference Call July 30, 2021 2:30 AM ET

Company Participants

Christian Labeyrie - Chief Financial Officer, VINCI

Nicolas Notebaert - Chief Executive Officer, VINCI Concessions

Conference Call Participants

Nabil Ahmed - Barclays

Siobhan Lynch - Deutsche Bank

Gregor Kuglitsch - UBS

Unidentified Company Representative

Good morning. Delighted to be with you again in person. Looking fit and well. Let's begin. Jean-Christophe LefFvre-Moulenq will be joining us shortly, I hope, before Q&A. Otherwise, will be really bothered to know who's going to ask the first question. So some pictures to begin with on the cover shot. This one, of course, you've all recognized, La Samaritaine. This exceptional transaction of La Samaritaine, 70,000 square meters with, of course, shops, social housing, a nursery, 80 beds, a few offices, and the wonderful Cheval Blanc hotel with 72 rooms. This met with the best energy, acoustic environmental and aesthetic criteria. And the good news that it rallied many companies as a group, be it VINCI Energies or VINCI Construction. It was delivered a few weeks back to Mr. Bernard Arnault. This one is not hugely poetic, but it's really just to illustrate a part of VINCI Autoroutes environment plan.

VINCI Autoroutes today has 37% of its light operating vehicles that are virtuous that is to say, electric or hybrid net trialing methods to gradually de-carbonize heavier trucks. Here we're in Manaus in the Amazon, the airport we won the 30 year concession with six or those smaller airports in order to lift the isolation of this very landlocked area. The Amazon is about five times the size of France without planes. It's really difficult to ensure economic development of Manaus, of course passengers, but a lot of freight because as these routes are being opened up and free zones are established, supplied by air with electronic equipment

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