France's Vinci eyes higher 2016 profits

February 4, 2016 4:59 PM

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PARIS Feb 4 France's Vinci on Thursday forecast higher net and operating profit this year, as it banked on an improving construction market in France and a still robust concessions business.

Europe's biggest construction and concession company said net profit fell 17.7 percent to 2.046 billion euros ($2.29 billion) in 2015 from 2.486 billion euros in 2014, a level that had included capital gains from asset sales, while revenue eased 0.5 percent to 38.518 billion euros ($43.12 billion).

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