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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01385541: Judy Chu, Chu and Driver (DS10)

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Document contains business analysis or presentation material mentioning Vinci, ADP operations, debt capital, capex, and transportation outlook for 2018, with a reference to Chu. The content appears to be corporate financial or strategic planning material.

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PersonKeyword
Excerpt 1
Vinci: How Vinci would look with ADP in it (Fernandez-Gao) operations Debt Capital Capex FCF Capex reduction Transportation Outlook 2018: Going Places (**Chu**
Excerpt 2
boosting the late-cycle Contracting segment (c30% of value, 1,000 3% 800 growing at a 12% CAGR to 2019). 600 2% - Infrastructure should be an important **driver**
Excerpt 3
segment is growing at a 12% EBIT CAGR to 2019E 9.3% yield (well above Ferrovial's at 4.5%). 1,800 6% - Growth capex derives from stimulus programmes and **construction**

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