Webuild: 2022 turnover of €8.2bn above expectations, €16bn of new orders

Pietro Salini, CEO of Webuild.

“We are particularly proud to have achieved very challenging results, as the crowning achievement of a strategic industrial plan that has guided our actions and choices over the past 10 years, together with the 83,000 people who now work with us worldwide”, commented the CEO of Webuild, Pietro Salini.

ROME, March 17, 2023 (GLOBE NEWSWIRE) — (LaPresse) — Strong growth in 2022: Webuild exceeded expectations by closing last year with a turnover of €8.2 billion, 22 per cent higher than in 2021, and EBITDA at €572 million, up 27 per cent. The Italian multinational construction and engineering group saw an increase in its orders worldwide last year, with €16 billion of new orders, 75 per cent of which came from foreign markets; in total, orders reached €54.3 billion, a record result for the second consecutive year. Overall, 70 per cent of the turnover was generated abroad, although Italy remains a strategic market for the group.

“We are particularly proud to have achieved very challenging results, as the crowning achievement of a strategic industrial plan that has guided our actions and choices over the past 10 years, together with the 83,000 people who now work with us worldwide,” commented the CEO of Webuild, Pietro Salini. “We close 2022 with strong growth results and a positioning that allows Webuild to establish itself more and more as a strategic player in the infrastructure sector in Italy and abroad, counting on a strong presence anchored in low-risk markets.” “We have gained a larger presence that allows us to be more and more competitive,” Salini continued, “delivering quality infrastructure that improves the lives of clients and local communities, such as subways, high-speed railways, dams, desalination plants, and bridges. 70% of our record turnover of €8.2 billion was generated abroad, in countries such as Australia, the United States, and Northern Europe, where we invested in innovative technologies for sustainable and safe projects. The Roadmap to 2025 marks the consolidation of a new phase for Webuild and its 17,500 suppliers around the world who work together with us, through which we intend to strengthen our partnership with the governments of the countries in which we operate, with the aim of accelerating the ecological and energy transition process and responding to the main megatrends at global level, such as climate change, population growth, urbanisation and the scarcity of resources, particularly water.”

The strategic guidelines for the next three years will enable the Webuild Group to achieve a turnover of between €10.5-11.0 billion in 2025, an EBITDA of between €990-1,050 million and a solid financial structure with a net cash position.

For more information:

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Curia Appoints Philip Macnabb as Chief Executive Officer

Philip Macnabb

Philip Macnabb appointed CEO of Curia

ALBANY, N.Y., March 16, 2023 (GLOBE NEWSWIRE) — Curia, a leading contract research, development and manufacturing organization, today announced that Philip Macnabb has been appointed as chief executive officer, succeeding John Ratliff.

“On behalf of the Board of Directors, we thank John Ratliff for the tremendous progress that Curia made during his tenure,” said Curia board members Sean Cunningham, managing director, GTCR and William McMullan, managing director, Carlyle. “We are delighted to welcome Phil, a seasoned executive who has an impressive track record of focusing companies on their core value proposition, enhancing the customer experience and building organizations with real and sustaining value. Curia is well positioned in the growing CDMO market, and we are excited about its outlook under Phil’s leadership.”

Mr. Macnabb commented: “Curia is a unique company with deep scientific expertise across its end-to-end offering. We have incredible people in the global Curia community, who are highly motivated by our noble purpose of improving patients lives. Going forward, we will focus on creating sustainable value for customers and employees.”

Macnabb joins Curia having spent years in leadership roles at various companies in the healthcare industry. Prior to that, Macnabb held senior positions in technology, distribution, and consumer products segments. He received an MBA from the University of Chicago and a BS in Business Administration from Purdue University.

About Curia

Curia is a leading contract research, development, and manufacturing organization providing products and services from R&D through commercial manufacturing to pharmaceutical and biopharmaceutical customers. Curia’s nearly 4,000 employees at 29 locations across the U.S., Europe, and Asia help its customers advance from curiosity to cure. Learn more at CuriaGlobal.com.

Corporate Contact:
Sue Zaranek
Curia
+1 518 512 2111
corporatecommunications@CuriaGlobal.com

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