Italy · Delayed Price · Currency is EUR Webuild Earnings Call Transcripts
Fiscal Year 2025
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Outperformed 2023–2025 plan with record revenues (€13.6bn), improved margins, and strong cash position. Backlog reached €58bn, with robust growth in Australia and the U.S. 2026 outlook is stable, focusing on margin and cash, despite global uncertainties.
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Record first-half revenue and EBITDA growth, margin expansion, and strong cash generation position the group to exceed upgraded 2025 guidance. Backlog and order intake provide multi-year visibility, with robust performance across key markets and continued focus on financial discipline.
Fiscal Year 2024
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2024 saw revenues rise 20% to €12 billion and EBITDA reach a record €967 million, both exceeding targets. The order backlog hit €63 billion, with strong cash and reduced leverage, while 2025 guidance was raised for both revenue and EBITDA.
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Record backlog and strong H1 2024 results with 20% revenue and 41% EBITDA growth, net income tripling year-over-year, and a robust net cash position. Guidance for 2024 is confirmed, with continued focus on de-risking, innovation, and sustainability.