Half Year 2022 Vinci SA Earnings Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Charles Maynadier - Kempen & Co. N.V., Research Division - Analyst : 3 questions, VINCI Autoroutes, the government asked you to make a gesture given the current economic -- did you accept rapidly? Can you give us an order of magnitude of this impact on Q3? And then the next price hike in February '23, inflation calculated November, and November will be quite high and will lead to a sharper tariff increase. Do you think there's a risk that the government is going to ask you to put your hand in your pocket again? And will you be ready to do that? And VINCI Energy, as you said, holding up well in a very promising sector, energy transition, digital. But the dry powder, I just wanted to know if you received an expression of interest from potential buyers.

Question: Stephanie Fabienne D'Ath - RBC Capital Markets, Research Division - Analyst : Yes. The first concerned with the transport lines maintained stable traffic next year. I mean historically, if we want to have a vision into next year, do you think that you'll have the time to combine this with the plan on final agreement before the beginning of next year? You have to obtain a European agreement from the commission. My second, your pipeline of 15 gigawatt for the next few years in the current context, where we see Germany in EUR 180 billion investment for the transformation for energy transition, do you think there's potential there to have more than 40 giga. My first -- third question concerns the EBIT number for Construction. The impact of road works, historically, the margins is more positive in H2 than in H1. Is that correct?