For the Webuild group, 2025 marks the conclusion of the 2023 – 2025 industrial plan “Roadmap to 2025 – The Future is Now”, with results achieved well beyond the targets. The results achieved take on “particular relevance in a complex macroeconomic context, characterized by geopolitical instability, inflation and volatility of energy prices, demonstrating the resilience of the group’s industrial model”, we read in a note. Webuild saw record revenue growth, doubling in four years; the gross operating margin (Ebitda) doubled in four years and margin grew to 8.6%. Over 13,000 new average annual hires achieved from 2023 and more than 3 million hours of training provided. Over the period 2023 – 2025, the group also significantly strengthened its financial structure, reducing gross leverage to 2.6x (from 4.5x in 2022) and maintaining a solid positive net cash position, despite investments of €2.5 billion being made in the period to support future cash generation. The commercial dynamics also recorded results exceeding the plan expectations with orders exceeding the plan target of over 13 billion. The construction order book stands at 50.9 billion, among the highest for the sector and with 90% in low-risk countries, ensuring 100% of the expected revenues in 2026 and ensuring broad visibility for the coming years.
Webuild continued to generate value for its shareholders, achieving a total shareholder return of over 160% over the three-year period, including the distribution of 20.8 million in dividends. The role as a global player of reference in key markets was also consolidated, strengthening its presence in Australia through the acquisition and integration of Clough. In fact, the group confirms itself not only as the first global player in the water sector, but also as the first player in Italy, third in Australia and sixth in Europe”, we read in a note. Among the works completed and delivered in the three-year period, the following stand out: line 4 of the Milan Metro; line 3 of the Riyadh Metro; the Grand Ethiopian Renaissance Dam, the largest hydroelectric project ever built in Africa, Lot 2 of the Riachuelo System in Argentina, the largest wastewater treatment project in Latin America, and the Unionport Bridge in the United States of America. At the same time, health and safety standards were further strengthened, with a reduction in the Lost Time Injury Frequency Rate to 2.23 compared to 2.79 in 2022. (ANSA).