VINCI wins multi-year road service contracts in Greater London worth nearly €70 million per year

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VINCI has won several multi-year road service contracts in Greater London with a total value of nearly €70 million per year. Its subsidiary FM Conway secured an infrastructure service contract from Westminster City Council covering design, construction, inspection and maintenance of public road infrastructure, worth £52 million each year, or around €60 million, for an initial eight and a half years with a possible four-year extension. The London borough of Bromley also awarded FM Conway two contracts for road maintenance and planned and emergency works, worth around £7 million each year, equating to approximately €8 million per year in total, for an initial six years with a possible four-year extension. FM Conway was acquired by VINCI Construction in early 2025 to strengthen its local presence and expertise in the UK road works market.

Impact on stocks 1

Industrials · 1 stocks
Vinci S.A.
DG
▲ PositiveDemandrelevance

Vinci's subsidiary FM Conway won road service contracts worth nearly €70M/year, directly boosting revenue.

Off-coverage companies 1

FM ConwayPrivate▲ Positive
Demandrelevance

FM Conway secured three contracts from Westminster and Bromley councils worth ~€68M/year.