Italy · Delayed Price · Currency is EUR Webuild Earnings Call Transcripts
Fiscal Year 2026
-
First half results showed resilient revenues of EUR 6.7 billion and improved margins, with a robust EUR 47 billion backlog fully covering 2026 guidance. The group absorbed the NEOM contract cancellations, announced a strategic Trevi acquisition, and maintained strong liquidity and leverage discipline.
Fiscal Year 2025
-
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.
-
Record H1 2025 results with 22% revenue and 38% EBITDA growth, margin expansion, and strong cash flow. Backlog at $59 billion ensures multi-year visibility, with robust performance in Australia and ongoing improvement in the U.S. Guidance for 2025 remains confident.
Fiscal Year 2024
-
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.
-
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.