(Finance) – In 2023 the Group Webuild he scored results at historic highs, significantly exceeding guidance for the year. THE revenues they stand at 10 billion and mark an annual growth of 22%, while EBITDA stands at 819 million, an increase of 43% compared to financial year 2022 (572 million).
Webuild recorded for the third consecutive year order intake record with orders acquired for 22 billion and a book to bill of 2.7x, clearly exceeding the target of 1.1x for the year. The order book reached historic highs of 64 billion, already exceeding the expected end-of-plan target of 2025.
L’EBIT adjusted reaches 475 million (321 million in 2022) with an annual increase of 48%. The adjusted result before taxes is equal to 393 million (252 million in 2022), an increase of 56%. L’adjusted net profit attributable to the Group stands at 236 million, effectively doubling the results obtained in financial year 2022 (118 million).
Gross debt of 2,609 million, is an improvement of 11 million compared to 31 December 2022 (2,619 million).
Guidance 2024
For the current year, a book-to-bill greater than 1.0X is expected, and the continuation of the growth trend with revenues exceeding 11 billion and EBITDA greater than 900 million. Despite the growth, “the Group will continue to focus on cash generation, maintaining a solid net cash positionexpected above 400 million”.
The Board of Directors also decided to call a meeting for the day 24 April 2024 the Shareholders’ Meeting in ordinary and extraordinary sessions (to decide, among other things, on the proposed amendment to the bylaws received from shareholder Salini. The Board of Directors will propose the distribution, out of the operating profits and the “Other Demerger Surplus Reserves”, of a dividend total unitary amount of 0.071 euro gross of the legal withholding tax for each ordinary share existing and entitled to the dividend on the ex-dividend date, and of 0.824 gross of the legal withholding tax for each existing savings share.