Constr., Infra & Materials (AO) | The Week in Infrastructure: Vinci upgraded to Buy

研报英文原文证据摘录

Constr., Infra & Materials (AO) | The Week in Infrastructure: Vinci upgraded to Buy

Constr., Infra & Materials

Chart 3:Vinci - Our estimated EV bridge between Q1 2021 and Q2 2026 (EURm)

Source: Kepler Cheuvreux

Chart 4:Getlink - Truck shuttle monthly traffic ('000s of trucks) Chart 5:Getlink - Eleclink's estimated monthly auction revenues (EURm)

Source: Getlink, Kepler Cheuvreux Source: JAO, Kepler Cheuvreux

Research we have published this week

Table 1:This week's research

Company Title

Aena Airlines keep up the pressure on the regulatory front

Balfour Beatty Is it too late to join the party?

Ferrovial First move on the data-centre development front

Flughafen Zürich Key takeaways from the deep dive into the Brazilian portfolio

Getlink Q2/H1 2026 preview: ElecLink to continue to shine

Groupe ADP Visibility remains constrained

Vinci Upgrade to Buy on valuation grounds

Sector Revving up the engines on US managed lanes

Relevant sector milestones

Spanish contracting. According to Expansion, digitalisation in the different phases of the construction process has become a tool

increasingly used by infrastructure groups to boost cost savings. Moreover, some are turning their innovations into a new

business unit providing services to third parties. Ferrovial, ACS, Sacyr and Abertis are working in the field with software

developed in collaboration with tech giants such as Microsoft, IBM or Google. Ferrovial is among the most ambitious industry

groups that are bringing generative AI and the Internet of Things (IoT) to construction sites. It employs technology for the design

and execution of large infrastructure projects, mainly those outside Spain.

Spanish construction. An article from Expansión, citing a report published by Seopan in collaboration with Typsa, the