Financial Targets
The 2023-2025 Roadmap represents a new phase for the Webuild Group. The plan is based on three drivers:
Business Evolution
For the 2023-2025 period, the Group leverages on a solid order book of €53.4 billion already acquired, which covers more than 95% of revenues and EBITDA expected for the period.
Operational Efficiency Plan and Cash Generation
Webuild remains committed to keeping its headquarter and work site costs under control. In the 2023-2025 period, the Group expects to reduce cumulative operating costs by up to €180 million by implementing a series of measures, including:
- optimization of branch offices and subsidiaries, including synergies with Clough;
- automation of back-office processes;
- specific initiatives on targeted construction sites;
- optimization of external costs.
Investments in Safety, Innovation and Environment
Webuild’s commitment to guarantee the best health and safety conditions is at the heart of its strategy. In 2022, it achieved a reduction in the injury frequency index (LTIFR) of 41% compared with the 2017 baseline, exceeding the target of -40% for the year.
2023-2025 Financial Target
2022-fy-tab-target-eng_0
These targets do not reflect the potential impact that might come from the start of mega projects such as the Texas high-speed railway and the Messina Bridge, as well as operating efficiencies stemming from the reorganization of the subsidiaries.
These forecasts are based on the absence of major changes in both the geopolitical crisis related to the military conflict in Ukraine (Webuild do not have an exposure directly to the country) and the evolution of the health emergency, and do not assume extreme disruption to the macroeconomic scenario.
