Core Points - VINCI and ACS have finalized an agreement regarding the acquisition of Cobra IS, which was completed on December 31, 2021 [1] - The total value of the acquisition amounts to €5.3 billion, with an enterprise value of €4.6 billion at the time of acquisition [2] - The agreement includes a fixed earn-out related to Cobra IS' developments in renewable energy, set at €380 million, with €300 million remaining to be paid in cash [4] Financial Impact - The new provisions from the agreement will not have a significant impact on VINCI's financial statements, as these elements were already accounted for in previous fiscal years [2][4] - The earn-out was originally planned to be up to €600 million but has been fixed at €380 million, with payments already made by VINCI [4] Joint Venture Termination - VINCI and ACS have decided to terminate their original agreement concerning the creation of a joint venture for new renewable energy production projects developed by Cobra IS [4]

Summary of Key Points Core Viewpoint - The document provides a disclosure of the total number of shares and voting rights for VINCI as of July 31, 2025, indicating the company's capital structure and governance participation [1]. Group 1: Company Capital Structure - The total number of shares issued by VINCI is 582,866,757 [1]. - The theoretical number of voting rights, which includes treasury stock, is also 582,866,757 [1]. - The number of voting rights excluding treasury stock is 559,684,858 [1]. Group 2: Regulatory Information - This disclosure is part of the regulatory information available on VINCI's official website [2].

Core Insights - VINCI has secured a significant contract for the construction of a second-generation biofuel plant in Spain, which is a strategic move towards energy transition in the region [2][6]. Group 1: Project Overview - The biofuel plant, located in Palos de la Frontera, Huelva province, has an estimated total cost of €1.2 billion [2]. - It will have an annual production capacity of 500,000 tonnes of sustainable fuels, including Sustainable Aviation Fuel (SAF) and renewable diesel (HVO100) [3]. Group 2: Environmental Impact - The plant's design incorporates advanced technologies aimed at minimizing environmental impact, utilizing exclusively recycled water [4]. - It is projected to reduce CO₂ emissions by 75% compared to traditional plants, preventing nearly 3 million tonnes of CO₂ emissions annually [4]. Group 3: Industry Positioning - This project is expected to strengthen Spain's position as a leader in clean energy and supports the decarbonization of transport in Europe [4]. - In 2024, the VINCI Group generated total revenue of €3.8 billion in Spain, with significant contributions from its subsidiaries [5].

Group 1 - VINCI has initiated a share buyback program by signing a share purchase agreement with an investment services provider on August 1, 2025 [1] - The agreement is effective from August 4 until September 26, 2025, with a total purchase limit of €300 million [1] - The purchase price for the shares will not exceed the maximum price established by the VINCI Ordinary and Extraordinary Shareholders' Meeting [1]

Core Insights - VINCI has published its 2025 half-year financial report and submitted it to the French financial markets' regulator [2] - The report is accessible in both English and French on VINCI's official website [2] Company Overview - VINCI is a global leader in concessions, energy solutions, and construction, employing 285,000 people across more than 120 countries [3] - The company focuses on designing, financing, building, and operating infrastructure and facilities that enhance daily life and mobility [3] - VINCI is committed to environmentally and socially responsible operations, aiming to create long-term value for customers, shareholders, employees, partners, and society [3]

Core Insights - Wanxi (VCISY.US) has had its MSCI ESG rating downgraded from A to BBB as of July 30, 2025 [1] Group 1 - The downgrade reflects a change in the company's ESG performance metrics [1]

Core Insights - VINCI has reached an agreement to acquire Zimmer & Hälbig, a German company specializing in HVAC-R solutions, pending approval from German competition authorities [2][3]. Company Overview - Zimmer & Hälbig, founded in 1974, generated revenue of €96 million in 2024 and employs 310 people across seven locations in Germany [3][7]. - VINCI Energies operates in four business lines in Germany: Infrastructure, Industry, Building Solutions, and ICT, employing 16,600 people in 385 locations [4]. Financial Performance - In 2024, VINCI Group generated nearly €5.6 billion in total revenue in Germany, making it the second-largest international market for the company [5]. - The revenue breakdown includes €4.1 billion in energy solutions and €1.4 billion for VINCI Construction [5]. Strategic Implications - The acquisition will enhance VINCI Energies' multi-technical solutions for buildings and expand its offerings to customers [3][2]. - The integration of Zimmer & Hälbig into VINCI Energies Building Solutions' network will strengthen its position in high-tech building solutions [7].

Group 1 - Vinci SA is a notable stock in the Construction sector, which includes 87 individual stocks and holds a Zacks Sector Rank of 14 [2] - Vinci SA currently has a Zacks Rank of 2 (Buy), indicating strong analyst sentiment and an improving earnings outlook, with a 2.9% increase in the consensus estimate for full-year earnings over the past quarter [3] - Year-to-date, Vinci SA has returned approximately 45.3%, significantly outperforming the average gain of 5.7% for Construction stocks [4] Group 2 - Vinci SA is part of the Building Products - Heavy Construction industry, which consists of 9 stocks and is ranked 6 in the Zacks Industry Rank, with an average gain of 22.4% this year [5] - Another stock in the Construction sector, Weir Group, has also shown strong performance with a year-to-date return of 30.5% and a Zacks Rank of 2 (Buy) [4][5] - The Engineering - R and D Services industry, to which Weir Group belongs, is ranked 96 and has gained 14.1% this year, indicating a lower performance compared to Vinci SA's industry [6]

Core Points - VINCI Construction subsidiary Seymour Whyte has been awarded three construction contracts in Australia, totaling a value of 431 million euros (773 million Australian dollars) [2][8] Group 1: Project Details - In the Gold Coast, Seymour Whyte will construct a 4.4 km section of the Coomera Connector Stage 1 South package for 229 million euros (410 million Australian dollars), aimed at improving connectivity and reducing traffic congestion [3] - In Moreton Bay, Seymour Whyte will upgrade a 1.1 km road and build a 212-meter-long flood-resistant bridge for 48 million euros (86 million Australian dollars), with construction starting in 2025 and completion in 2027 [4] - In Sydney, Seymour Whyte has been awarded a 154 million euros (277 million Australian dollars) contract for the M5 Motorway Westbound Upgrade, with construction set to begin in 2026 [5] Group 2: Financial Performance - In 2024, the VINCI Group generated total revenue of €1.4 billion in Australia, with €1.2 billion attributed to VINCI Construction [6]

Group 1 - VINCI Energies has signed an agreement to acquire Wärtsilä SAM Electronics GmbH, enhancing its capabilities in the industrial sector and the German defense market [1][3] - Wärtsilä SAM Electronics GmbH, founded in 1906, specializes in electrical and automation integration for the German navy and naval shipyards [2] - The acquisition will add 350 employees and is expected to generate an additional full-year revenue of €100 million [3][7] Group 2 - VINCI Energies operates in four business lines in Germany: Infrastructure, Industry, Building Solutions, and ICT, employing 16,600 people across 385 sites [4] - In 2024, the VINCI Group generated nearly €5.6 billion in total revenue in Germany, making it the second-largest international market for the company [5] - VINCI's operations in Germany include €4.1 billion in energy solutions and €1.4 billion in construction, along with public-private partnerships in highway infrastructure and electric vehicle charging [5]