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Motorways are especially profitable in 2022 Auto Plus news in your smartphone Auto Plus news in your inbox

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Motorways are especially profitable in 2022 Auto Plus news in your smartphone Auto Plus news in your inbox

In a few months, it’s a fact, everything grows. The price of fuel, maintenance, insurance, and, above all, customs. Indeed, they rose again by an average of 2% last February, a historic increase at the time. In fact, road companies have the right to raise rates every year, transferring to 70% of the inflation rate. And since it’s especially strong right now, companies are taking advantage of it. Much to the chagrin of motorists. And the situation is set to worsen next year, when there is talk of an increase of 5 to 8% depending on the axis.

Good profitability

We therefore suspect that the road companies responsible for their management are not to be pitied. And the latest figures released by Vinci confirm this, as the company reports record results. This is actually fixed a turnover of at least 16.7 billion euros from July to September, which is 26% more than last year. In the last nine months, the turnover is even more incredible, as it amounted to 4.604 billion euros, which is 11% more than in the same period in 2021. Suffice it to say that profitability is indeed approaching a rendezvous.

Increase in attendance

This increase in income is associated with price increase, of course, but also to the increased use of highways by motorists. Indeed, over the past nine months, the popularity of the fast network has increased by 9.2%. And the numbers should be good for the future, despite fuel shortages having a bit of an impact. Vinci even provides annual traffic is higher than in 2019 over the next few months.

Author: Mary Lizak
Source: Auto Plus

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