New orders outside Italy reach 90% year-to-date

Strong competitive position in rail sector amid increase in infrastructure investments across globe 

MILAN, November 18, 2022 – Europe, Australia and North America rank as Webuild’s main markets so far this year in terms of new orders, whose combined value reaches €13.1 billion, including €5.1 billion for projects for which the Group is the preferred bidder.

In a sign of its commercial strength, the orders translate into more than 30 projects that the Group has acquired, is in the process of finalising, or for which it has been identified as the preferred bidder. Approximately 90% of them are outside Italy, mostly in low-risk markets such as Australia at 34%, Europe at 28% and North America at 14%.

The projects are iconic and complex, such as a road network between Bergen and the island of Sotra in Norway, consisting of a suspension bridge 30-metres wide and 900-metres long, with columns 144 metres high; the A303 Road in the United Kingdom as part of an effort to safeguard the UNESCO site of Stonehenge from traffic; the Gowrie-Kagaru section of the 1,700-kilometre Inland Rail in Australia that will connect Brisbane in the state of Queensland with Melbourne in Victoria. In North America, there is the upgrading of the Tyndall Air Force Base in Panama City and the widening of a section of the Mainline Turnpike, both in Florida.

More than €6 billion worth of new orders are rail projects in Webuild’s main markets, in particular Europe, Australia and Canada, confirming its strong competitive position in the sector.