Milan, September 13, 2024 – This year, Webuild has once again confirmed its NO. 1 ranking in the water sector. The Group ranked among the very best in the ENR rankings (the reference magazine for the sector at an international level) for over a decade already. And once again it has won over the giant Chinese state-owned group, therefore demonstrating its solid resilience and capacity to seize the opportunities that stem from the structural megatrends, like the energy and climate transition, resource scarcity and the demographic growth, in a constantly evolving sector. Webuild concomitantly continues to climb the Australian market, where it stands among the Top 5 international contractors, in a growth journey through the construction of strategic projects that support Australia's energy transition programmes. 

The ENR 2024 Top 250 international constructors ranking, based on the 2023 revenues of construction companies outside their domestic markets, saw Webuild climbing to the 14th position, a further step up from the position gained in 2023, with over 7 billion dollars of revenues created outside Italy, as of December 31, 2023.

In 2023, the Webuild Group further consolidated its development journey thanks to a strategy based on the construction and design of highly complex and innovative infrastructures (i.e. hydraulic works, railway lines, metros and bridges) that allowed it to become the reference partner for clients on the global level, with a constant capacity to deliver, with over 270 works delivered in the last decade. The Group has also aimed at consolidating its leadership position in its key markets like Europe, Australia, the United States and the Middle East, also continuing its risk mitigating policy. Implemented strategies also allowed Webuild to become much bigger in size, consequently allowing it to invest in innovation, training, health and safety, legality, and strategic projects aimed at business de-risking, at improving its profit and cash generation, besides deleveraging.

The hydro energy and clean water sectors represent a significant portion of the Group's revenues, which equal to 22% of the total as of June 30, 2024, and are mainly the result of the advancements made in technically challenging hydroelectric projects, which are best practices on the global level for their innovation: like Snowy 2.0. the largest project to produce renewable energy in Australia; or the Grand Ethiopian Renaissance Dam (GERD), in Ethiopia, that, once finished, will become Africa's largest dam. Fisia Italimpianti, the Group's subsidiary that serves over 20 million people with its desalination plants mainly located in the Middle East, also contributed to these results. Today, seawater desalination is in fact one of the most promising methods to solve water scarcity issues, allowing the supply of clean, potable water for private and public daily use, for industrial processes, for sanitary usage, and more. 

Hydraulic engineering works have always represented one of the Group's distinctive premium features.  Among infrastructural engineering and construction activities in the water sector, Webuild is globally a protagonist with projects that, for their importance, are now part of history: i.e. like the expansion of the Panama Canal, considered to be the most important engineering feat of the 21th century, and among the most complex ever to be built in terms of technical skills and the future impact on international trade; and the hydraulic tunnel of Lake Mead, an articulated water intake and transport system of one of the largest artificial lakes in the United States.  

The Group's improved ranking in the Australian market is the acknowledgement of a growth strategy pursued by Webuild for many years already. Australia is the Group's most important non-domestic market, with revenues reaching 24% of the total; with Clough, its Australian subsidiary, the Group is also expanding towards other sectors: In Melbourne, in fact, Webuild is constructing the tunnels of the North East Link, a significant section of the city's motorway network. In Sydney, it is participating in building the railway line that will reach the Western Sydney International Airport, the largest PPP (Public-Private Partnership) project in New South Wales, where the Group is also working on the Snowy 2.0 project. In the Northern Territory, the two companies are starting works to build a shiplift system in the Port of Darwin, the largest of its kind in the Australian State. While in Western Australia, they are building one of the world's largest urea plants to produce fertilizers, and a project to strengthen the sludge treatment process of this state's largest wastewater treatment plants.