Plus   Neg

Vinci Q1 Revenues Up 9.6%

Vinci SA (VCISY.PK) Tuesday reported first-quarter revenues rose 9.6 percent to 9.696 billion euros from 8.846 billion euros last year.

Like-for-like sales rose 5.9 percent for the quarter.

Concessions revenues increased 7.9 percent to 1.66 billion euros, airports climbing 23 percent. Contracting revenues rose 10.3 percent to 7.98 billion euros, with Vinci Energies increasing 9.2 percent. Vinci Immobilier gained 7.0 percent to 190 million euros.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration or FDA announced on its website that pharma major Pfizer, Inc. issued recall of two lots of tablets meant to treat acute migraine in adults for concerns over bacteria infection. The pharma company is recalling two lots of Relpax (eletriptan hydrobromide) 40 mg tablets for potential presence of Genus Pseudomonas and Burkholderia bacteria. Cosmetics company Revlon Inc. (REV) is reportedly considering a potential sale of parts or all of its business. According to Bloomberg, Revlon has retained financial advisers from Goldman Sachs Group Inc. to explore strategic alternatives. No deal has been reached yet, but Revlon is exploring all... China's Lenovo Group Ltd. warned it may have to raise prices of its products if the U.S. moves ahead with the decision to impose additional tariffs on Chinese goods, according to a report by Reuters. The warning by Lenovo, the world's largest PC maker, comes amid the escalating trade war between the U.S. and China that has raised concerns about the global economic outlook.
Follow RTT