jstore0122

Wrote up some thoughts about the airport industry: https://www.revelesresearch.com/p/the-business-of-airports-part-i

Has anyone here invested / looked at in Vinci? They have a diverse portfolio of airports which mitigates country-specific risks. And though I'm not a fan of the construction side of the business (low margins) I wonder if it helps them win bids for airports since they can probably undercut competitors on price, who have to subcontract out. And stock is down >10% since the snap elections announcement by Macron