The Board of Directors of Webuild approved the consolidated financial statements and the financial statements project at 31 December 2024, confirming a year of successes and record results. The group has passed the forecasts, recording a double -digit growth in revenues and a strengthening of its financial solidity.
Economic results: growth and financial solidity
Webuild closed 2024 with revenues of 12 billion euros, scoring a 20% increase compared to the previous year and exceeding the estimates that expected them above 11 billion. Ebitda reached 967 million euros (+18%), with a margin of 8.1%. The net cash position touched € 1,445 billion, a figure well higher than Guidance (> 400 million), while the financial lever has reduced to 2.9x, being better than the main international competitors.
New targets for 2025
In the wake of the positive results and the consolidation of its position in the infrastructure sector, Webuild has raised the targets for 2025. The new goal provides for revenues of more than 12.5 billion euros (against the previous estimate of 10.5-11 billion), an Ebitda over 1.1 billion and a solid net cash higher than 700 million euros.
Expansion and sustainability: Focus on strategic projects
2024 was characterized by a strong momentum in the acquisition of new orders, with a total of 13 billion euros, exceeding the objectives of the three-year period 2023-2025. More than 95% of the new projects comes from low -risk geographical areas and the order portfolio stands at 54 billion euros, with about 90% linked to the Sustainable Development objectives (SDG) of the United Nations. Among the completed works stand out Line 4 of the Milan Metro, the San Pasquale station of Line 6 in Naples, the line 3 of the Riyadh Metro and the first underground metro. The expansion also favored employment growth with over 13,000 new hires, of which 50% under 35 years of age.
Innovation and finance
Webuild has strengthened its production capacity with the opening of the Roboplant 2 plant in Puglia, an innovative hub for the production of prefabricated councils that integrates advanced automation and artificial intelligence. On the sustainability front, the group received the recognition of CDP as a “world leader in actions to combat climate change” and the “Gold” rating from Ecovadis for the best ESG practices for the third consecutive year. At the financial level, Webuild successfully placed two new bonds for a total of 1 billion euros, with deadlines at 2029 and 2030, improving the debt structure. The Fitch Ratings and S&P Global Ratings agencies also raised the “Stable” rating outlook.
Future perspectives
Thanks to the clear and coherent strategy adopted since 2012, Webuild is confirmed as a reference player in the infrastructure sector. The market, increasingly oriented towards sustainability, offers growth opportunities, and the group is ready to capitalize them through its engineering know-how and a rigorous risk management. 2025 promises to be another year of expansion and innovation, with the aim of further consolidating the positioning of Webuild at a global level.