Europe Movers: Bollore, Fraport, Marshalls, Trust Pilot, Vinci

Inga Muller
18 Mar, 2025
Frankfurt

VINCI SA gained 0.8% to €118.25 after the provider of concessions, energy, and construction reported fourth quarter of 2024 results.

Revenue increased to €71.62 billion from €68.84 billion, net income jumped to €4.86 billion from €4.70 billion, and diluted earnings per share rose to €8.43 from €8.18 a year ago.

The company proposed a final dividend of €4.75 per share for 2024, following an interim dividend of €1.05 per share paid in October 2024.

As of December 31, 2024, 74% of VINCI’s share capital was held by nearly 1,000 investment funds, located mainly in North America, the U.K., and France, and also continental Europe, the Middle East, Asia, and Oceania.

Trustpilot Group PLC dropped 1.5% to 276.25 pence after the Danish business services provider announced 2024 results and completed its share repurchase program.

Revenue increased 19% to $210.7 million from $176.4 million, income before tax swung to a profit of $5.2 million from a loss of $1.9 million, and diluted earnings per share fell 13% to $1.4 from $1.6 a year ago.

Bookings surged 23% to $239.0 million from $194.6 million a year earlier.

The company purchased 81,397 ordinary shares in accordance with the authorization announced on September 11, 2024, and the company intends to cancel all of the purchased shares.

These purchases complete the buyback program of up to £20 million, and since September the company has purchased 7,473,819 shares for cancellation, at an average price of 267.60 pence per share.

Marshalls Plc. slumped 2.7% to 237.00 pence after the building and roofing products provider reported lower revenue in 2024.

Revenue declined 8% to £619.2 million from £671.2 million, profit jumped to £31.0 million from £18.4 million, and diluted earnings per share rose to 12.2 pence from 7.3 pence a year ago.

The company proposed a final dividend of 5.4 pence per share, payable on July 1 to shareholders on record as of June 6, and shares will be marked ex-dividend on June 5.

Taken together with the interim dividend of 2.6 pence per share, the payout for 2024 would be 8.0 pence per share, compared to 8.3 pence in 2023.

Bollore SE gained 1.5% to €5.81 after the French transportation and logistics company reported a sharp increase in net income, but revenue declined.

Revenue in 2024 declined to €3.13 billion from €3.17 billion, and net income jumped to €1.82 billion from €268 million a year ago.

EBITDA dropped to €48 million from €104 million in 2023.

The company proposed a 14% increase of dividend to 8 cents per share, including an interim dividend of 2 cents per share already paid in September 2024.

Fraport AG dropped 3.12% to €54.35 after the operator of the Frankfurt airport reported a revenue increase in 2024.

Revenue jumped to €4.43 billion from €4.00 billion, net income edged up to €501.9 million from €430.5 million, and diluted earnings per share rose to €4.88 from €4.26 a year ago.

Retail and real estate revenue edged up 7.6% to €536.7 million from a year ago, mainly supported by higher retail and car parking revenue.

Net retail revenue per passenger reached €3.35, a slight improvement on €3.30 in the previous year.

The company said that passenger traffic in Germany is lagging other markets where Fraport is present, with most markets now exceeding pre-pandemic 2019 levels.

Fraport Group said that the planned new Frankfurt Airport Terminal 3 would deliver 12,000 sq.m. of additional retail space, taking the airport total to 42,000 sq.m. by 2026.

The number of passengers in Frankfurt is estimated to reach up to 64 million in 2025, compared to 61.6 million in 2024.

In connection with consulting services at Sydney Airport, Fraport AG founded the subsidiary Fraport Australia Pty Ltd. in December 2024.

Also in December, the joint venture BFA Antalya Havalimani Yiyecek ve İçecek Hizmetleri A.S. was founded with the purpose of the company to operate the food and beverage areas at Antalya Airport in cooperation with BTA Havalimanları Yiyecek ve İçecek Hizmetleri A.S.

In February 2024, the joint venture allivate GmbH was founded, as Fraport acquired 50% of the shares in the company, while Dakosy Datenkommunikationssystem AG holds the remaining 50%.

Dakosy’s activities are in business development, marketing, and distribution of air cargo community systems, and in services connected to the digital transformation of air freight logistics.