(Finance) – The Board of Directors of Webuild examined some data and information relating tobusiness performance since the beginning of 2022which highlights acquired orders and in the process of being finalized for 13.1 billion. The figure includes 5.1 billion projects for which Webuild was the best bidder.
About l86% of new orders are focused on low-risk areas such as Australia, Europe and North America. In Italy, there has been an acceleration of tenders financed by the National Recovery and Resilience Plan (PNRR). Additional approximately 15 billion of projects included in the PNRR are expected to go into the race by 2023.
There overall pipeline of the Group’s commercial activities amounts to approx 45.2 billion and includes tenders presented and awaiting award for approximately 11.3 billion.
Guidance 2022 confirmedwhich aims at a Book to bill higher than 1.0x average in the period 2022-24, revenues of 7-7.5 billion, fully covered by the current backlog, an Ebitda margin of 7-7.5%, supported by the process cost efficiency already in place and a positive net financial position (net cash).