20 February 2020 | Prithvi Pandya
Vinci Facilities has announced £300 million revenue for the 2019 financial year.
The company has extended contracts with customers including Dixons Carphone, Smyths Toys and Debenhams while continuing to deliver a growing pipeline of work for customers such as the Ministry of Justice, Sandwell Metropolitan Borough Council and Peabody Homes.
Vinci Facilities' delivery at St Helens and Whiston trust led to the award of the recently constructed Clatterbridge Cancer Centre NHS Foundation Trust. New contract wins from the Welsh Government and TfL were also secured in the year.
Tony Raikes, managing director of Vinci Facilities, said: "Everything we do has an impact somewhere upon society and our planet and in the longer term. I want our business to be net positive in terms of the social and environmental value we create versus the natural resources we utilise. Our customers face the same challenges as ourselves and we will continue to support them through the services we deliver in both our facilities and building solutions operations."
In 2019, Vinci delivered around £3 million of social value via community initiatives, literacy programmes, volunteering and outreach schemes. The company said it was committed to a 40 per cent reduction in CO2 by 2030 as a move towards carbon neutrality - the business has aligned itself with the UN sustainable development goals.
Raikes added: "We've been given tough targets by our parent Vinci SA. But what's great is that our people are already motivated to behave responsibly and drive improvements in sustainability and wellbeing in everything that we do - inside and outside of the business."
Vinci's performance in 2019 was mirrored across the whole VINCI Group, with revenues rising to £49 billion alongside a global focus on social value creation and environmental impact reduction. These figures were announced in early February.