Webuild, Salini “Half-year and year expected to be better than forecast” Il Tirreno

GENOA (ITALPRESS) – “The Group is doing very well, after the results achieved in 2023 and in the first quarter of 2024 and we think that the half-yearly and full-year results could be better than forecast”. This was stated by Pietro Salini, CEO of Webuild, on the occasion of the installation of the first caisson of the new breakwater in Genoa.
“We started 2024 very well with the acquisition of a very challenging project in Saudi Arabia, and overall we are moving forward according to plan. We have already achieved more than half of the order acquisitions expected for the entire year. The Group grows and continues to strengthen throughout the world, we are in 50 countries with over 87,000 people and a supply chain of over 19,000 companies that carry out projects with us in very different sectors such as dams, roads, high-speed railway lines, subways and plants for the treatment and production of water. We are a global group, and we generate around 70% of our turnover abroad, which means pushing the exports of Italian companies”.
“Our 30% turnover in Italy represents a market share in Italy of less than 2%, when our French competitors hold, for example, between 3 and 10% in their country – continues Salini -. Today the overall construction market in Italy is worth around 200 billion, the country has started a new path of investments in infrastructure, also thanks, but not only, to the PNRR. We are the largest company in Italy. Over 17,000 people and a supply chain of 10,500 companies work with us in the country, with 31 ongoing projects, including the Rome metro line C, some lots of the main railway lines in Italy such as Naples-Bari, Palermo-Catania-Messina , Verona-Padua, Milan-Genoa. Some projects are in the delivery phase, such as the M4 project in Milan. We are proud to bring back to the country the skills we create abroad, where investments in large projects have never stopped, also offering opportunities to our young people. We are a very competitive company also thanks to the virtuous supply chain system of excellence that we have created. In the sector of large infrastructure works, the size of the companies is crucial, serving the growth of the technological content of the works, investments in safety and training. We plan to hire 15,000 people worldwide in the next 2 years, of which 10,000 in Italy (8,000 in the South)”.
“The installation of the first caisson of the new dam today represents the culmination of a year of intense work by a consortium of leading companies in the infrastructure sector who have combined their skills and resources to tackle the complexity of a project that is unique in many ways and to carry out the work in transparency and respecting deadlines”, underlined the CEO of Webuild.
“The new Genoa breakwater is a project for the country, and it wears the tricolor flag because it represents a strategic infrastructure desired by governments of different colors that have followed one another over the years. To guarantee a future for our country, we have the duty to plan the Italy of the next 30 years today as part of a system called Europe – continued Salini -. We have to face competition from countries around the world that are running at speeds that are unthinkable for us, on an economic level, as well as in terms of infrastructure and skills. The dam is a fundamental work from this perspective, because it allows Italy to acquire competitiveness at a global level, intercepting exchanges coming from the East and transiting the Mediterranean, entering the TEN-T network, also through the Terzo Valico dei Giovi ”.
“The dam represents a very demanding challenge on a technical level. We operate on a construction site in the middle of the sea, up to 800 meters from the coast, working even in weather conditions that are not always favourable, only with highly specialized technicians, boats and sophisticated equipment. The PerGenova Breakwater consortium has adopted innovative solutions to speed up construction times. The ‘fast track’ method allowed us to work in parallel on different phases of the project, reducing overall time. The executive design was completed in just 5 months, thanks to the intense work of a team of experts who faced complex geological and geotechnical challenges”, concluded Salini.

– Webuild press office photo –

(ITALPRESS).

 
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