French construction company Vinci has reported a 17% jump in turnover to *30.4bn (£22.7bn) for the year ended 31 December.
Turnover in the fourth quarter rose 20% to *8.66bn (£6.5bn), ahead of estimates made by analysts of *8.2bn (£6.1bn)
The order book at the construction division at the end of the year was *14.3bn (£10.7bn), up 24% on the year.
Mike Pinkney, a Citigroup analyst, described the performance as “impressive”.
He said: “We expect further progress in profitability. With rapid order book growth, increasing visibility and firm risk control policies, we believe quality remains high.”
The French firm owns UK subsidiaries Norwest Holst, Crispin & Borst and Simplex Foundations.
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