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France's Vinci posts rising quarterly revenue despite airports hit


By Reuters Staff
2 Min Read
PARIS, April 22 (Reuters) - French infrastructure group Vinci posted on Thursday a 5% rise in first-quarter sales, helped by a rebound of its construction business even as its airport arm, which includes London’s Gatwick, suffered from the COVID-19 crisis.
The company, which also operates in the energy sector and saw activity pick up there, was hit hard last year by coronavirus lockdowns worldwide that paralysed real estate and construction projects, its biggest source of earnings.
These have now restarted, in spite of enduring COVID-19 restrictions in places like its French home market, helping Vinci revenues reach 10.2 billion euros ($12.26 billion) in the three months to March. ....

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