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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Vinci
Vinci (DG) investor relations material
Vinci Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary22 Oct, 2026
Executive summary
Q3 revenue rose 4.9% to €20.36bn (+2.6% like-for-like); 9M revenue reached €55.96bn, up 3.1% reported and 1.8% like-for-like.
9M international revenue rose 6.7% to €33.45bn and represented 60% of total revenue; growth was led by Energy Solutions and international activity.
9M order intake rose 6% to €49.6bn; the September order book reached €75.4bn, up 7% YoY and equivalent to 14 months of activity.
Financial highlights
9M revenue by business: Concessions €9.55bn (+1.8%), Energy Solutions €22.26bn (+7.4%) and Construction €24.58bn (+0.4%).
Q3 international revenue rose 10% reported and 6.2% like-for-like; France declined 2.5%.
Energy Solutions order intake reached €24.3bn, up 9%, and its order book increased 9% to €38.5bn; Construction order intake rose 3% to €25.3bn and backlog 5% to €36.9bn.
Outlook and guidance
2026 guidance was confirmed: further growth in revenue, operating earnings and net income attributable to owners; free cash flow could reach €6bn.
Guidance assumes constant taxation and Zero.e capex at its 2025 level of €0.9bn; it excludes a potential French long-distance transport infrastructure tax increase.
The potential tax increase could add ~€450m to 2026 operating earnings and net profit charges, payable in 2027, with no 2026 cash impact.
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Latest events from Vinci
- Record revenue and earnings, stronger cash flow, and slower growth expected in 2024.DG
H2 2023 - Strong H1 2026 results: revenue, earnings, and order book all reached new highs.DGH1 2026 (Media)
- Strong H1 2026 results: revenue, earnings, and order book all reached new highs; 2026 growth guidance confirmed.DGH1 2026
- Stable Q1 2026 revenue, record order book, and improved financials amid sector shifts.DGQ1 2026 TU
- Record 2025 results, €5.00 dividend, director renewals, and strategic growth plans approved.DGAGM 2026
- Record free cash flow and broad-based earnings growth drive a strong 2026 outlook.DGH2 2025
- Revenue up 3.7% to €54.3bn, order book at €70.6bn, 2025 growth outlook confirmed.DGQ3 2025 TU
- Aims for mid- to high-single-digit growth, 7.5%+ EBIT margin, and 65% revenue abroad by 2030.DGCMD 2024
- Revenue up 4.4%, EBIT up 9.1%, but net income down on new French tax; record order book.DGH1 2024
Next Vinci earnings date
H2 20265 Feb, 2027
Vinci
Next Vinci earnings date
H2 20265 Feb, 2027
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Frequently asked questions
Vinci SA is a global construction and concessions company involved in designing, building, financing, and managing infrastructure and facilities. Its key business areas include infrastructure development through Vinci Construction, operating highways and airports under Vinci Concessions, and providing energy services via Vinci Energies. The company is engaged in a variety of projects, such as highways, airports, bridges, and energy distribution networks. Vinci’s activities span various sectors, including transportation, energy, and urban development. The company is headquartered in Nanterre, France, and its shares are listed on the Euronext Paris.