French construction company Vinci has reported a 17% jump in turnover to *30.4bn (拢22.7bn) for the year ended 31 December.

Turnover in the fourth quarter rose 20% to *8.66bn (拢6.5bn), ahead of estimates made by analysts of *8.2bn (拢6.1bn)

The order book at the construction division at the end of the year was *14.3bn (拢10.7bn), up 24% on the year.

Mike Pinkney, a Citigroup analyst, described the performance as 鈥渋mpressive鈥�.

He said: 鈥淲e expect further progress in profitability. With rapid order book growth, increasing visibility and firm risk control policies, we believe quality remains high.鈥�

The French firm owns UK subsidiaries Norwest Holst, Crispin & Borst and Simplex Foundations.

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