People still need to get around, whether it’s to spend time with loved ones, explore new places or access new markets. In 2025, VINCI Airports reported a 5% increase in traffic, driven by the continued post-Covid recovery in Asia. Airport performance was outstanding, with 334 million passengers, net income of over €1 billion for the first time, and a strong start to operations at our recently acquired airports in Edinburgh and Budapest. In France, despite the economic slowdown, VINCI Autoroutes demonstrated its resilience by improving its already strong performance and completing major projects, such as the expansion of the A57 highway in the Toulon metropolitan area and the A8 slip road at Menton. VINCI Highways added two new concessions to its portfolio in Brazil, which became VINCI Concessions’ second-largest highway market and the second country to surpass 1,000 kilometres of managed network. Lastly, our other concessions demonstrate the strength of the model in developing rail with VINCI Railways, sports infrastructure, renewables and electric vehicle charging networks.
Our expertise enables us to rapidly deploy our safety, operational performance, service quality and environmental commitment standards to speed up the transformation of infrastructure assets that join our network. For example, in Brazil, where we launched our operations in 2018, five airports were honoured with environmental excellence awards by the Brazilian National Civil Aviation Agency in 2025. We were also proud to announce at COP30 that Salvador Bahia airport had achieved ACA Level 5 – the highest level of the global carbon management certification programme for airports. The integration of two highway networks, Entrevias and Via Cristais, was completed very quickly. Just two years after joining the VINCI Highways network, Entrevias was named the top concession in the state of São Paulo for 2024 by the road authority ARTESP, in recognition of the progress achieved in safety, innovation and environmental performance. With the support of internal experts brought in from other countries, our teams took just 100 days to get Via Cristais fully up and running.
Yes – that’s another benefit of our global footprint. We have a very strong test-and-learn culture at VINCI Concessions – we identify opportunities, test ideas and scale what works. This culture is driving change across both our physical infrastructure assets and our digital tools. We are now using an AI-powered solution to streamline aircraft turnaround processes and, in turn, reduce ground time. In 2026, this solution will be rolled out at our busiest airports. On the SEA HSL, AI supports predictive maintenance through tools such as Geovoie 2.0. This tool, which won multiple awards in 2025, helps us understand and prevent track deterioration. On the A10 highway, the world’s first live-traffic trial of an inductive charging system for electric vehicles, Charge as You Drive, was a great success.
Whenever I’ve visited teams on the ground, I’ve been struck by their enthusiasm. Regardless of project size or location, our model works everywhere – from Cabo Verde to the United Kingdom to Japan. No matter where in the world we go, we bring the same energy and drive. Curiosity and sharing are at the heart of our business lines, and I firmly believe that the experience, skill and quality of our teams are an extraordinary asset. Whether new or existing assets are involved, the progress we make generates socio-economic value that we can be proud of and that we share with a much broader ecosystem than our own.
