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Webuild: 6 billion orders YTD, 19 billion counting the mega contract in Texas

A total of 17 projects, of which more than 80% in low-risk countries in the sectors of road and railway infrastructure, construction and plants (5%)

Webuild: 6 billion orders YTD, 19 billion counting the mega contract in Texas

It's beyond 6 billion the consolidated value of new orders acquired and in the process of being finalized recorded by the Webuild Group from the beginning of 2022 to today. The amount reaches 19 billion if we include the mega contract already signed in the United States for the high-speed train in Texas, worth 16 billion dollars (13 billion euros), as the Italian construction and engineering company explains in a note.

Just a few days ago, the Texas Supreme Court gave its green light for the continuation of work on the mega-contract signed last year by Webuild and its subsidiary Lane.

On the Stock Exchange, the stock gains 1,30% to 1,48 euros.

Webuild's projects abroad

The reference is to contracts acquired or for which Webuild or its subsidiaries are the best bidder, specifies the note.

It is a total of 17 projects, of which over 80% in low-risk countries (Europe, Australia and North America). The road infrastructure sector dominates (46%), followed by railways (28%), construction (21%) and plants (5%).

In Italy 8.000 companies involved in 27 infrastructure projects

In Italy, the Webuild Group is currently building 27 major infrastructure projects in which 8.000 companies are involved. "The Webuild Group's strategic objective is confirmed for a diversified growth of its activities", says a note from the company, "which can act as a driving force also for the entire domestic sector and support the country's recovery, favoring the introduction of innovative solutions at a technological level, also through investments in innovation, safety, training and sustainability".

The Webuild Group as at 31 December 2021, recorded a order backlog at record level of 45,4 billion euros, 92% of which related to projects linked to the advancement of sustainable development objectives.

“A result Webuild aims at also by leveraging the manufacturing capabilities of companies integrated into the Group, such as, for example Fisia Italimpianti, able to offer innovative solutions to increase water availability, offering quality drinking water in areas where this natural resource is insufficient or seriously polluted, or CSC Construction, a company based in Switzerland with strong expertise in green building and tunneling” he says the note.

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