Covid-19: current situation and outlook
13 Novembro 2020 - 4:00AM
Covid-19: current situation and outlook
Rueil Malmaison, 13 November 2020
Covid-19: current situation and
outlook
To tackle the second wave of the Covid-19
pandemic, many countries in Europe have again imposed a range of
restrictions (including lockdowns, curfews, restrictions on
gatherings and closures of public spaces).
In France, on 28 October 2020,
the government announced a national lockdown would come into effect
on 30 October 2020 and remain in place until
1 December at the earliest.
These new restrictions will have an impact on
certain Group operations over the final months of 2020, in
particular on motorway traffic in France. It is difficult to
reliably quantify the impact due to a great number of unknowns
related to the way in which the health and economic situation may
change, especially regarding the duration of the lockdown in
France.
Traffic on VINCI Autoroutes’ interurban
networks, which had bounced back close to 2019 levels during the
summer, has recorded a 19.9% drop over the first ten months of the
year to end-October (with light vehicles 21.7% down and heavy
vehicles 8.1% down) compared with the same period the previous
year. Robust economic activity enabled resilient traffic of heavy
vehicles.
After France went into its second lockdown and
the related travel restrictions came into force, traffic fell 48%
in the week between 2 and 8 November (with light vehicles 57% down
and heavy vehicles 3% down).
Consequently, the Group revised its forecast for
motorway traffic in 2020. While it previously expected to suffer a
15-20% contraction over the year, it now anticipates a decrease of
somewhere between 20 and 25%.
As soon as restrictions are lifted, traffic is
expected to return to normative levels quickly, as was the case at
the end of the first lockdown in June 2020.
Other indications regarding the outlook that
were presented as part of the quarterly information at
30 September 2020, published on 20 October, are
maintained:
- For VINCI Airports, although traffic at European airports has
been affected by the new restrictions put in place by many
countries, a slight improvement in traffic trends at airports in
the Americas and in domestic traffic in Japan has been
observed.
- Furthermore, our contracting businesses have maintained
operations at a level close to full capacity, in spite of the new
lockdown.
About VINCIVINCI is a global
player in concessions and construction, employing more than 222,000
people in some 100 countries. We design, finance, build and
operate infrastructure and facilities that help improve daily life
and mobility for all. Because we believe in all-round performance,
above and beyond economic and financial results, we are committed
to operating in an environmentally and socially responsible manner.
And because our projects are in the public interest, we consider
that reaching out to all our stakeholders and engaging in dialogue
with them is essential in the conduct of our business activities.
VINCI’s goal is to create long-term value for its customers,
shareholders, employees, and partners and for society at large.
www.vinci.com
The present press release is an official
information document of the VINCI Group.
PRESS CONTACT VINCI Press Department Tel: +33 (0)1
47 16 31 82 media.relations@vinci.com
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