Shares of Vinci, the French construction and concessions giant, saw gains following the release of its full-year results. The company's American depositary receipts climbed after the announcement, reversing earlier declines. Vinci reported an "outstanding" 2025 performance, with revenue exceeding expectations. This positive performance reflects the company's strong position in the infrastructure sector.

Revenue for Vinci increased 4% to €74.6 billion, surpassing the €74.01 billion consensus estimate. Growth was driven by gains in Concessions, Energy Solutions, and Construction. Net income also rose to €4.9 billion, even with the tax burden in France. CEO Pierre Anjolras noted matching revenue growth with improved operating earnings, with free cash flow reaching €7 billion.

Vinci's decentralized structure proved effective in a turbulent environment, with nearly 60% of revenue generated outside France. The company also secured key agreements in France, the UK, and Mexico. Management stated its confidence going into 2026, anticipating continued growth in revenue and earnings, supported by a disciplined approach to orders and acquisitions.