# data.attributes.field_meta_description
The commitment of Webuild Australia, new name of Salini Impregilo, in the construction of infrastructures and major works all over the world for a sustainable future.

# data.attributes.field_meta_title
 Webuild Australia, new name Salini Impregilo, for major works.

# data.attributes.field_title
We are in Australia to build shared, long-lasting value

# included[].attributes.field_content.value
Stay updated on the latest news from the Group

# included[].attributes.field_content.processed
Stay updated on the latest news from the Group

# included[].attributes.field_title_bold.value
We talk about Australia using all media channels

# included[].attributes.field_title_bold.processed
We talk about Australia using all media channels

# included[].attributes.field_content.value
Our experience in Australia dates back to the 1970s when the Webuild Group built Melbourne Underground Rail Loop (MURL), better known today as the City Loop.

Throughout the 1980s, the companies that were to become part of Webuild (formerly Salini Impregilo) worked on various projects, such as the Wivenhoe Dam, the Shoalhaven Bridge and the Traralgon and Pakenham water treatment plants.

The Group’s recent experience in the transport sector includes the skytrain cable-stayed bridge and viaduct for the Sydney Metro Northwest, the Forrestfield-Airport Link in Perth, Melbourne’s North East Link road tunnels and the Snowy 2.0 hydropower development, both of which are under construction. These projects expand the country’s public transport services and energy production capabilities in the most sustainable way possible.

# included[].attributes.field_content.processed
Our experience in Australia dates back to the 1970s when the Webuild Group built Melbourne Underground Rail Loop (MURL), better known today as the City Loop.

Throughout the 1980s, the companies that were to become part of Webuild (formerly Salini Impregilo) worked on various projects, such as the Wivenhoe Dam, the Shoalhaven Bridge and the Traralgon and Pakenham water treatment plants.

The Group’s recent experience in the transport sector includes the skytrain cable-stayed bridge and viaduct for the Sydney Metro Northwest, the Forrestfield-Airport Link in Perth, Melbourne’s North East Link road tunnels and the Snowy 2.0 hydropower development, both of which are under construction. These projects expand the country’s public transport services and energy production capabilities in the most sustainable way possible.

# included[].attributes.field_title_bold.value
We are helping Australia grow by supporting its long-term infrastructure plans and working with its current and future engineers.

# included[].attributes.field_title_bold.processed
We are helping Australia grow by supporting its long-term infrastructure plans and working with its current and future engineers.

# included[].attributes.field_content.value
Webuild + Clough, stronger together

# included[].attributes.field_content.processed
Webuild + Clough, stronger together

# included[].attributes.field_content.value
We have a legacy that unites us to Australia. We interpret this very legacy considering the needs and local culture, its evolution, the lessons learned in the more recent transport projects in everything we do.

# included[].attributes.field_content.processed
We have a legacy that unites us to Australia. We interpret this very legacy considering the needs and local culture, its evolution, the lessons learned in the more recent transport projects in everything we do.

# included[].attributes.field_title_bold.value
Our latest projects in Australia

# included[].attributes.field_title_bold.processed
Our latest projects in Australia

# included[].attributes.title
Highlight - I nostri progetti in Australia

# included[].attributes.body.value
We have been involved in many projects in 4 states in 3 different sectors: Water, Roads & Bridges, Metro & Railways

# included[].attributes.body.processed
We have been involved in many projects in 4 states in 3 different sectors: Water, Roads & Bridges, Metro & Railways

# included[].attributes.field_title_bold.value
Our Australian Experience: Highlights

# included[].attributes.field_title_bold.processed
Our Australian Experience: Highlights

# included[].attributes.field_content.value
Webuild for a Sustainable Future in Australia

# included[].attributes.field_content.processed
Webuild for a Sustainable Future in Australia

# included[].attributes.field_title_bold.value
Our priorities in the country

# included[].attributes.field_title_bold.processed
Our priorities in the country

# included[].attributes.field_title_bold.value
Video Channel: Voices and pictures from the Australia tell the story of our work and the engineering challenges we face every day

# included[].attributes.field_title_bold.processed
Video Channel: Voices and pictures from the Australia tell the story of our work and the engineering challenges we face every day

# included[].attributes.field_content.value
Discover how Australia is laying a foundation for the future by building better and smarter infrastructure, based on concepts like collaboration, education and innovation. Webuild’s "Infrastructure in Action" podcast series engage some of the world’s best engineering minds to discuss the future of infrastructure and how to work with clients and communities to build a stronger Australia for generations to come.

# included[].attributes.field_content.processed
Discover how Australia is laying a foundation for the future by building better and smarter infrastructure, based on concepts like collaboration, education and innovation. Webuild’s "Infrastructure in Action" podcast series engage some of the world’s best engineering minds to discuss the future of infrastructure and how to work with clients and communities to build a stronger Australia for generations to come.

# included[].attributes.field_title_bold.value
Infrastructure in Action: a Webuild Podcast series for Australia

# included[].attributes.field_title_bold.processed
Infrastructure in Action: a Webuild Podcast series for Australia

# included[].attributes.field_content.value
Follow Webuild’s digital magazine and keep updated on the latest infrastructure news from Australia

# included[].attributes.field_content.processed
Follow Webuild’s digital magazine and keep updated on the latest infrastructure news from Australia

# included[].attributes.field_content.value
Webuild 5P Sustainability Manifesto

The 5P Sustainability Manifesto represents our top 5 priorities we embrace in our day-to-day activities to ensure excellence, innovation and respect towards all our stakeholders. People, Planet, Progress, Partnership, Prosperity: Webuild a sustainable future!

# included[].attributes.field_content.processed
Webuild 5P Sustainability Manifesto

The 5P Sustainability Manifesto represents our top 5 priorities we embrace in our day-to-day activities to ensure excellence, innovation and respect towards all our stakeholders. People, Planet, Progress, Partnership, Prosperity: Webuild a sustainable future!

# included[].attributes.field_content.value
Level 19/99 Walker Street
North Sydney NSW 2060

Phone: +61 2 9922 5458
Fax: +61 2 9922 5917

Email: admin@webuild-group.com.au

# included[].attributes.field_content.processed
Level 19/99 Walker Street
North Sydney NSW 2060

Phone: +61 2 9922 5458
Fax: +61 2 9922 5917

Email: admin@webuild-group.com.au

# included[].attributes.field_title_bold.value
Webuild Australian Branch

# included[].attributes.field_title_bold.processed
Webuild Australian Branch

# included[].attributes.field_title_bold.value
We are in Australia to build shared, long-lasting value

# included[].attributes.field_title_bold.processed
We are in Australia to build shared, long-lasting value

# included[].attributes.field_title_bold.value
THE FUTURE IS NOW
Results at December 31, 2022

# included[].attributes.field_title_bold.processed
THE FUTURE IS NOW
Results at December 31, 2022

# included[].attributes.field_title_bold.value
Webuild completes acquisition of Clough assets

# included[].attributes.field_title_bold.processed
Webuild completes acquisition of Clough assets

# included[].attributes.field_title_bold.value
Webuild wins Top Sustainability Award for Airport Line in Perth, Australia

# included[].attributes.field_title_bold.processed
Webuild wins Top Sustainability Award for Airport Line in Perth, Australia

# included[].attributes.field_title_bold.value
Webuild: signed the contract to acquire Clough assets

# included[].attributes.field_title_bold.processed
Webuild: signed the contract to acquire Clough assets

# included[].attributes.field_title_bold.value
Webuild+Clough. Stronger together in Australia

# included[].attributes.field_title_bold.processed
Webuild+Clough. Stronger together in Australia

# included[].attributes.name
Box AU hp NW AU Megamachine NEL progress

# included[].attributes.field_title_bold.value
North East Link tunnelling mega machines on the way

# included[].attributes.field_title_bold.processed
North East Link tunnelling mega machines on the way

# included[].attributes.name
Magazine WBV Australia’s first entirely wooden sta

# included[].attributes.field_title_bold.value
Australia’s first entirely wooden stadium comes from Italy: the Eric Tweedale Stadium

# included[].attributes.field_title_bold.processed
Australia’s first entirely wooden stadium comes from Italy: the Eric Tweedale Stadium

# included[].attributes.name
Magazine WBV Great Deluge: New investments to prot

# included[].attributes.field_title_bold.value
Great Deluge: New investments to protect Australia

# included[].attributes.field_title_bold.processed
Great Deluge: New investments to protect Australia

# included[].attributes.name
Magazine WBV The Italians who built Australia

# included[].attributes.name
Magazine WBV Melbourne Victorian Desalination

# included[].attributes.field_title_bold.value
Melbourne Victorian Desalination Plant: fighting back drought with desalination

# included[].attributes.field_title_bold.processed
Melbourne Victorian Desalination Plant: fighting back drought with desalination

# included[].attributes.field_title_bold.value
The Bruce Highway Upgrade Program and the new road that will cross Queensland

# included[].attributes.field_title_bold.processed
The Bruce Highway Upgrade Program and the new road that will cross Queensland

# included[].attributes.field_title_bold.value
Perth’s Airport Link: modernity and tradition for train stops

# included[].attributes.field_title_bold.processed
Perth’s Airport Link: modernity and tradition for train stops

# included[].attributes.field_meta_description
By building a new world, we bring the future closer

# included[].attributes.field_textual_content.value
GROUP GROWS WITH €16.1 BILLION IN NEW ORDERS WORLDWIDE

75% OF NEW ORDERS FROM FOREIGN MARKETS; 25% IN ITALY

DERISKING PROCESS COMPLETED: €53.4 BILLION ORDER BOOK, MOSTLY IN AUSTRALIA, UNITED STATES, EUROPE, ITALY

REVENUES: €8.2 BILLION (+22% COMPARED TO 2021), OF WHICH 70% REALISED ABROAD

EBITDA1: €572 MILLION (+27% COMPARED TO 2021); EBITDA MARGIN: 7.0% (6.7% IN 2021)

EBIT1: €321 MILLION (+63% COMPARED TO 2021); EBIT MARGIN: 3.9% (3.0% IN 2021)

NET PROFIT1: €118 MILLION (+€175 MILLION COMPARED TO 2021)

POSITIVE FINANCIAL POSITION (NET CASH) OF €265 MILLION (€467 MILLION IN 2021)

PROPOSED DIVIDEND: €0.057 FOR EACH ORDINARY AND SAVINGS SHARE

****

A DECADE OF GROWTH AND TRANSFORMATION

2022 RESULTS ARE THE RESULT OF A JOURNEY THAT BEGAN 10 YEARS AGO AND WHICH HAS ENABLED US TO TRIPLE OUR REVENUES AND BACKLOG

THE GROUP AMONG THE GLOBAL LEADERS: FIRST PLAYER IN THE WATER SECTOR AND IN THE GLOBAL TOP 10 IN RAILWAY AND MOTORWAY SECTORS

MORE THAN 270 PROJECTS DELIVERED IN PAST DECADE

OVER 70,000 DIRECT AND INDIRECT JOBS CREATED OVER THE DECADE FOR A TOTAL OF 83,000 PEOPLE TODAY WORKING ON GROUP PROJECTS (16,000 OF WHICH IN ITALY)

WEBUILD A SYSTEMIC GROUP WITH MORE THAN 17,500 COMPANIES IN SUPPLY CHAIN INVOLVED IN PROJECTS

****

ROADMAP TO 2025: THE FUTURE IS NOW

ORGANIZATIONAL STRUCTURE, TECHNICAL CAPABILITIES AND ORDER BOOK ALREADY IN PLACE TO ACHIEVE ROADMAP TARGETS BY GENERATING CASH

FINANCIAL EVOLUTION (2025 TARGETS)

BOOK TO BILL: >1.1X AVERAGE FOR 2023-25 PERIOD

REVENUES: €10.5 – 11.0 BILLION TO 2025 WITH 80% OF REVENUES OVER THREE-YEAR PERIOD IN LOW-RISK COUNTRIES

EBITDA: €990 – 1,050 MILLION TO 2025

NFP: MAINTAIN POSITIVE NET FINANCIAL POSITION (NET CASH)

GROSS DEBT REDUCTION: €200 – €250 MILLION BY 2025

DIVIDEND DISTRIBUTION: €160 – €170 MILLION IN THE PERIOD 2023-25

STRATEGIC DRIVERS:

FURTHER ACCELERATION OF BUSINESS, WITH 10% ANNUAL REVENUE GROWTH; THREE-YEAR REVENUE AND EBITDA TARGETS COVERED FOR 95% BY CURRENT BACKLOG

FOCUS ON LOW-RISK COUNTRIES WITHOUT NEGLECTING OPPORTUNITIES IN NEW MARKETS AND SEGMENTS

IMPROVED OPERATING MARGINS THANKS TO NEW HIGH-QUALITY PROJECTS AND EFFICIENCY PROGRAMME FOR €230 MILLION FOR PERIOD

EARNINGS AND CASH GENERATION TO ALLOW FURTHER REDUCTION OF FINANCIAL LEVERAGE, AND DISTRIBUTION OF DIVIDENDS TO SHAREHOLDERS

INVESTMENTS IN INNOVATION, SAFETY AND ENVIRONMENT

POTENTIAL UPSIDE FROM START OF ICONIC PROJECTS SUCH AS TEXAS BULLET TRAIN, MESSINA BRIDGE AND OPERATIONAL EFFICIENCIES RELATED TO THE REORGANISATION OF SUBSIDIARIES

OUTLOOK 2023

REVENUES: €9.0 – 9.5 BILLION

EBITDA: €720 – 760 MILLION

PFN: MAINTAIN POSITIVE NET FINANCIAL POSITION (NET CASH)

****

MILAN, March 16, 2023 – The Board of Directors of Webuild (MTA: WBD) approved the consolidated financial results and the separate draft financial statements at December 31, 2022, as well as examined the “Adjusted Consolidated Data1” and the Group's strategic guidelines and economic-financial projections for 2023-2025 (“Roadmap to 2025”).

Pietro Salini, CEO of the Group: "We are particularly proud to have achieved these very challenging results, which are the crowning achievement of a strategic industrial project that inspired our actions and choices over the last 10 years, together with the 83,000 people who now work with us worldwide. We close 2022 with strong growth results and with a positioning that allows Webuild to establish itself more as a strategic interlocutor for the infrastructure sector in Italy and abroad, counting on a presence strongly anchored in low-risk markets. We have reached a greater scale that allows us to be more competitive, serving customers and local communities to deliver quality infrastructure that improves their lives such as subways, high-speed railways, dams, desalination plants, and bridges. 70% of our record turnover of 8.2 billion was achieved in countries such as Australia, the United States and Northern Europe, where we have invested in innovative technologies for sustainable and safe projects. The Roadmap to 2025 marks a new phase for Webuild and the 17,500 suppliers around the world who work with us. We aim to strengthen our partnership role with the governments in the countries where we operate to support the acceleration of the climate and energy transition in response to the megatrends taking place, such as climate change, population growth, urbanization, and resource scarcity, especially water”.

****

ADJUSTED CONSOLIDATED INCOME STATEMENT DATA AT DECEMBER 31, 20221

Adjusted Revenues amounted to €8,163 million (€6,691 million in 2021), representing year-on-year growth of €1,472 million, equal to 22%. The increase in revenue, despite the difficult macroeconomic environment and inflationary dynamics, is based on the quality of the order book, the work done in partnership with clients and the supply chain, as well as the effectiveness of contract management.

The main contributors relate to the development of operating activities in Italy, which are benefitting from the positive effects of the PNRR (National Recovery and Resilience Plan). Projects include the high-speed/high-capacity railways being built between Milan and Genoa, Naples and Bari and Verona and Padua. There are a number of major projects outside Italy, including the projects being developed by subsidiary Lane in the United States, and the Snowy 2.0 hydroelectric scheme in Australia.

Adjusted EBITDA was €572 million (€451 million in 2021), while adjusted EBIT was €321 million (€198 million in 2021). The increase in adjusted EBIT of €124 million was mainly attributable to orders that contributed mostly to production in Italy and Australia. It was also thanks to the use of “pass-through” and risk mitigation instruments in contracts with mainly public entities as counterparties.

Net Financial Costs showed net expenses of approximately €73 million compared to €92 million in 2021. This item includes:

financial charges of €213 million (€190 million), partially offset by financial income of €119 million (€88 million);

positive net exchange rate result of €20 million (positive €10 million in 2021).

Adjusted profit before tax amounted to €252 million (€80 million in 2021).

Adjusted income taxes amounted to €109 million (€111 million in 2021) and were mainly affected by the income dynamics of the subsidiaries and the different tax regimes in force in the countries where the Group operates.

Adjusted result from continuing operations was €143 million (loss of €31 million 2021).

The result from discontinued operations shows a net charge of €18 million referrable to the closure of activities outside Italy that belonged to Astaldi S.p.A. and did not fit within the Group’s commercial and industrial strategies (the “Astaldi Georgia” division, in particular).

The profit attributable to minority interests of €7 million (profit of €26 million in 2021)

The dynamics described above result in an adjusted net profit attributable to the Group of €118 million (loss of €56 million in 2021).

****

CONSOLIDATED BALANCE SHEET DATA AT DECEMBER 31, 2022

The Net Financial Position of continuing operations at December 31, 2022 was positive (net cash) and amounted to €265 million (net cash of €467 million in 2021). The marked improvement recorded in the second half of 2022 (€662 million) compared to June 30, 2022 (net cash of €397 million) reflects the acceleration of operational activities and the significant commercial results achieved by the Group also in the current financial year.

Gross debt stood at €2,619 million, down €35 million compared to December 31, 2021 (€2,655 million). As of December 31, 2022, 86% of the outstanding amount of corporate financing is at fixed interest rates with first debt maturities in the second half of 2024.

Total cash and cash equivalents of €1,921 million, of which approximately €565 million are available at the Corporate level (including the Lane subsidiary).

****

ORDER BACKLOG, NEW ORDERS AND COMMERCIAL PIPELINE

In 2022, total order backlog stood at €53.4 billion, of which €44.0 billion related to construction and €9.4 billion to concessions, and operation and maintenance. The construction backlog increased by 15% over the financial year 2021.

92% of the Group's construction backlog relates to projects linked to the advancement of the United Nations Sustainable Development Goals (SDGs). In terms of markets, the Group’s de-risking strategy saw the order backlog mainly distributed among Italy, Central and Northern European countries, the United States and Australia – countries that represent 76% of the construction backlog. The projects are in sectors related to sustainable mobility, such as rail, high-speed rail and surface transport. The following is a breakdown of the construction backlog by geographical area and business area:

Total new orders, including variation orders, amounted to approximately €16.1 billion, of which more than 80% in key markets with a low-risk profile.

# included[].attributes.field_textual_content.processed
GROUP GROWS WITH €16.1 BILLION IN NEW ORDERS WORLDWIDE

75% OF NEW ORDERS FROM FOREIGN MARKETS; 25% IN ITALY

DERISKING PROCESS COMPLETED: €53.4 BILLION ORDER BOOK, MOSTLY IN AUSTRALIA, UNITED STATES, EUROPE, ITALY

REVENUES: €8.2 BILLION (+22% COMPARED TO 2021), OF WHICH 70% REALISED ABROAD

EBITDA1: €572 MILLION (+27% COMPARED TO 2021); EBITDA MARGIN: 7.0% (6.7% IN 2021)

EBIT1: €321 MILLION (+63% COMPARED TO 2021); EBIT MARGIN: 3.9% (3.0% IN 2021)

NET PROFIT1: €118 MILLION (+€175 MILLION COMPARED TO 2021)

POSITIVE FINANCIAL POSITION (NET CASH) OF €265 MILLION (€467 MILLION IN 2021)

PROPOSED DIVIDEND: €0.057 FOR EACH ORDINARY AND SAVINGS SHARE

****

A DECADE OF GROWTH AND TRANSFORMATION

2022 RESULTS ARE THE RESULT OF A JOURNEY THAT BEGAN 10 YEARS AGO AND WHICH HAS ENABLED US TO TRIPLE OUR REVENUES AND BACKLOG

THE GROUP AMONG THE GLOBAL LEADERS: FIRST PLAYER IN THE WATER SECTOR AND IN THE GLOBAL TOP 10 IN RAILWAY AND MOTORWAY SECTORS

MORE THAN 270 PROJECTS DELIVERED IN PAST DECADE

OVER 70,000 DIRECT AND INDIRECT JOBS CREATED OVER THE DECADE FOR A TOTAL OF 83,000 PEOPLE TODAY WORKING ON GROUP PROJECTS (16,000 OF WHICH IN ITALY)

WEBUILD A SYSTEMIC GROUP WITH MORE THAN 17,500 COMPANIES IN SUPPLY CHAIN INVOLVED IN PROJECTS

****

ROADMAP TO 2025: THE FUTURE IS NOW

ORGANIZATIONAL STRUCTURE, TECHNICAL CAPABILITIES AND ORDER BOOK ALREADY IN PLACE TO ACHIEVE ROADMAP TARGETS BY GENERATING CASH

FINANCIAL EVOLUTION (2025 TARGETS)

BOOK TO BILL: >1.1X AVERAGE FOR 2023-25 PERIOD

REVENUES: €10.5 – 11.0 BILLION TO 2025 WITH 80% OF REVENUES OVER THREE-YEAR PERIOD IN LOW-RISK COUNTRIES

EBITDA: €990 – 1,050 MILLION TO 2025

NFP: MAINTAIN POSITIVE NET FINANCIAL POSITION (NET CASH)

GROSS DEBT REDUCTION: €200 – €250 MILLION BY 2025

DIVIDEND DISTRIBUTION: €160 – €170 MILLION IN THE PERIOD 2023-25

STRATEGIC DRIVERS:

FURTHER ACCELERATION OF BUSINESS, WITH 10% ANNUAL REVENUE GROWTH; THREE-YEAR REVENUE AND EBITDA TARGETS COVERED FOR 95% BY CURRENT BACKLOG

FOCUS ON LOW-RISK COUNTRIES WITHOUT NEGLECTING OPPORTUNITIES IN NEW MARKETS AND SEGMENTS

IMPROVED OPERATING MARGINS THANKS TO NEW HIGH-QUALITY PROJECTS AND EFFICIENCY PROGRAMME FOR €230 MILLION FOR PERIOD

EARNINGS AND CASH GENERATION TO ALLOW FURTHER REDUCTION OF FINANCIAL LEVERAGE, AND DISTRIBUTION OF DIVIDENDS TO SHAREHOLDERS

INVESTMENTS IN INNOVATION, SAFETY AND ENVIRONMENT

POTENTIAL UPSIDE FROM START OF ICONIC PROJECTS SUCH AS TEXAS BULLET TRAIN, MESSINA BRIDGE AND OPERATIONAL EFFICIENCIES RELATED TO THE REORGANISATION OF SUBSIDIARIES

OUTLOOK 2023

REVENUES: €9.0 – 9.5 BILLION

EBITDA: €720 – 760 MILLION

PFN: MAINTAIN POSITIVE NET FINANCIAL POSITION (NET CASH)

****

MILAN, March 16, 2023 – The Board of Directors of Webuild (MTA: WBD) approved the consolidated financial results and the separate draft financial statements at December 31, 2022, as well as examined the “Adjusted Consolidated Data1” and the Group's strategic guidelines and economic-financial projections for 2023-2025 (“Roadmap to 2025”).

Pietro Salini, CEO of the Group: "We are particularly proud to have achieved these very challenging results, which are the crowning achievement of a strategic industrial project that inspired our actions and choices over the last 10 years, together with the 83,000 people who now work with us worldwide. We close 2022 with strong growth results and with a positioning that allows Webuild to establish itself more as a strategic interlocutor for the infrastructure sector in Italy and abroad, counting on a presence strongly anchored in low-risk markets. We have reached a greater scale that allows us to be more competitive, serving customers and local communities to deliver quality infrastructure that improves their lives such as subways, high-speed railways, dams, desalination plants, and bridges. 70% of our record turnover of 8.2 billion was achieved in countries such as Australia, the United States and Northern Europe, where we have invested in innovative technologies for sustainable and safe projects. The Roadmap to 2025 marks a new phase for Webuild and the 17,500 suppliers around the world who work with us. We aim to strengthen our partnership role with the governments in the countries where we operate to support the acceleration of the climate and energy transition in response to the megatrends taking place, such as climate change, population growth, urbanization, and resource scarcity, especially water”.

****

ADJUSTED CONSOLIDATED INCOME STATEMENT DATA AT DECEMBER 31, 20221

Adjusted Revenues amounted to €8,163 million (€6,691 million in 2021), representing year-on-year growth of €1,472 million, equal to 22%. The increase in revenue, despite the difficult macroeconomic environment and inflationary dynamics, is based on the quality of the order book, the work done in partnership with clients and the supply chain, as well as the effectiveness of contract management.

The main contributors relate to the development of operating activities in Italy, which are benefitting from the positive effects of the PNRR (National Recovery and Resilience Plan). Projects include the high-speed/high-capacity railways being built between Milan and Genoa, Naples and Bari and Verona and Padua. There are a number of major projects outside Italy, including the projects being developed by subsidiary Lane in the United States, and the Snowy 2.0 hydroelectric scheme in Australia.

Adjusted EBITDA was €572 million (€451 million in 2021), while adjusted EBIT was €321 million (€198 million in 2021). The increase in adjusted EBIT of €124 million was mainly attributable to orders that contributed mostly to production in Italy and Australia. It was also thanks to the use of “pass-through” and risk mitigation instruments in contracts with mainly public entities as counterparties.

Net Financial Costs showed net expenses of approximately €73 million compared to €92 million in 2021. This item includes:

financial charges of €213 million (€190 million), partially offset by financial income of €119 million (€88 million);

positive net exchange rate result of €20 million (positive €10 million in 2021).

Adjusted profit before tax amounted to €252 million (€80 million in 2021).

Adjusted income taxes amounted to €109 million (€111 million in 2021) and were mainly affected by the income dynamics of the subsidiaries and the different tax regimes in force in the countries where the Group operates.

Adjusted result from continuing operations was €143 million (loss of €31 million 2021).

The result from discontinued operations shows a net charge of €18 million referrable to the closure of activities outside Italy that belonged to Astaldi S.p.A. and did not fit within the Group’s commercial and industrial strategies (the “Astaldi Georgia” division, in particular).

The profit attributable to minority interests of €7 million (profit of €26 million in 2021)

The dynamics described above result in an adjusted net profit attributable to the Group of €118 million (loss of €56 million in 2021).

****

CONSOLIDATED BALANCE SHEET DATA AT DECEMBER 31, 2022

The Net Financial Position of continuing operations at December 31, 2022 was positive (net cash) and amounted to €265 million (net cash of €467 million in 2021). The marked improvement recorded in the second half of 2022 (€662 million) compared to June 30, 2022 (net cash of €397 million) reflects the acceleration of operational activities and the significant commercial results achieved by the Group also in the current financial year.

Gross debt stood at €2,619 million, down €35 million compared to December 31, 2021 (€2,655 million). As of December 31, 2022, 86% of the outstanding amount of corporate financing is at fixed interest rates with first debt maturities in the second half of 2024.

Total cash and cash equivalents of €1,921 million, of which approximately €565 million are available at the Corporate level (including the Lane subsidiary).

****

ORDER BACKLOG, NEW ORDERS AND COMMERCIAL PIPELINE

In 2022, total order backlog stood at €53.4 billion, of which €44.0 billion related to construction and €9.4 billion to concessions, and operation and maintenance. The construction backlog increased by 15% over the financial year 2021.

92% of the Group's construction backlog relates to projects linked to the advancement of the United Nations Sustainable Development Goals (SDGs). In terms of markets, the Group’s de-risking strategy saw the order backlog mainly distributed among Italy, Central and Northern European countries, the United States and Australia – countries that represent 76% of the construction backlog. The projects are in sectors related to sustainable mobility, such as rail, high-speed rail and surface transport. The following is a breakdown of the construction backlog by geographical area and business area:

Total new orders, including variation orders, amounted to approximately €16.1 billion, of which more than 80% in key markets with a low-risk profile.

# included[].attributes.field_title_bold.value
The future is now. Webuild results at December 31, 2022

# included[].attributes.field_title_bold.processed
The future is now. Webuild results at December 31, 2022

# included[].attributes.field_textual_content.value
MILAN, February 16, 2023 - Webuild welcomes the approval of its proposal to acquire Clough assets, as stipulated under the Deed of Company Arrangement, at the second meeting of Clough creditors held in Australia on February 15, 2023. The approval by the creditors and the consensus obtained from third parties involved in the operation mark the completion of the acquisition.

Webuild will assume, effective February 16, 2023, operation and control of Clough’s activities in Australia and Papua New Guinea. The final acquisition perimeter comprises: i) Clough’s organisation, including offices, trademarks, credentials, business references, senior management and office personnel; and ii) more than €4 billion worth of projects in backlog (as of end 2022), including the related project workforce, under the terms disclosed on February 3, 2023.

In addition to Clough’s stakes in project held in common with Webuild – strategic infrastructure projects Snowy 2.0 and Inland Rail – the Group will take the stakes, under restructured terms, in the Waitsia gas project, Lombrum naval base, Tallawarra power plant, as well as projects for which Clough is preferred bidder, such as Perdaman’s Ceres urea plant.

Following the acquisition, Webuild will have a total order backlog of more than €12 billion (AU$18.5 billion) and approximately 3,000 employees in Australia, becoming one of the most significant and well-credentialed players in the country.

This extraordinary outcome, achieved within a complex context with several stakeholders involved, is the result of a close cooperation and collaboration among Webuild and a number of teams including Clough’s staff and management, Deloitte Administrators, clients and major project partners, the surety companies, MA Moelis as financial adviser, Deloitte as accounting and tax adviser, Clifford Chance as legal adviser, and all the other consultant and management teams that were involved in the operation.

# included[].attributes.field_textual_content.processed
MILAN, February 16, 2023 - Webuild welcomes the approval of its proposal to acquire Clough assets, as stipulated under the Deed of Company Arrangement, at the second meeting of Clough creditors held in Australia on February 15, 2023. The approval by the creditors and the consensus obtained from third parties involved in the operation mark the completion of the acquisition.

Webuild will assume, effective February 16, 2023, operation and control of Clough’s activities in Australia and Papua New Guinea. The final acquisition perimeter comprises: i) Clough’s organisation, including offices, trademarks, credentials, business references, senior management and office personnel; and ii) more than €4 billion worth of projects in backlog (as of end 2022), including the related project workforce, under the terms disclosed on February 3, 2023.

In addition to Clough’s stakes in project held in common with Webuild – strategic infrastructure projects Snowy 2.0 and Inland Rail – the Group will take the stakes, under restructured terms, in the Waitsia gas project, Lombrum naval base, Tallawarra power plant, as well as projects for which Clough is preferred bidder, such as Perdaman’s Ceres urea plant.

Following the acquisition, Webuild will have a total order backlog of more than €12 billion (AU$18.5 billion) and approximately 3,000 employees in Australia, becoming one of the most significant and well-credentialed players in the country.

This extraordinary outcome, achieved within a complex context with several stakeholders involved, is the result of a close cooperation and collaboration among Webuild and a number of teams including Clough’s staff and management, Deloitte Administrators, clients and major project partners, the surety companies, MA Moelis as financial adviser, Deloitte as accounting and tax adviser, Clifford Chance as legal adviser, and all the other consultant and management teams that were involved in the operation.

# included[].attributes.field_title_bold.value
Webuild completes acquisition of Clough assets

# included[].attributes.field_title_bold.processed
Webuild completes acquisition of Clough assets

# included[].attributes.field_textual_content.value
Stronger global commitment to deliver sustainable projects

Webuild has received a Leading Rating – the highest classification – from the Infrastructure Sustainability Council (ISC) for the Airport Line project

Infrastructure Sustainability Council is Australia’s leading body for assessing infrastructure projects based on environmental, social, economic and governance factors

MILAN, February 6, 2023 – Webuild has been awarded the highest classification from Australia’s Infrastructure Sustainability Council (ISC) for the Airport Line, formerly known as the Forrestfield-Airport Link in Perth. The ISC “As Built Leading” rating for the new light rail line acknowledges Webuild’s commitment to building sustainable infrastructure in this core market where the Group is expanding. The ISC is a leading evaluator of infrastructure projects based on environmental, social, economic and governance factors.

The Airport Line, which was opened in October 2022 by Prime Minister Anthony Albanese, received in July 2018 the ISCA Certificate for “Excellent” Sustainability in Design, based on the initiatives introduced into the design of the final project. The latest rating confirms these design intentions were successfully executed in the completed project.

Built by Webuild in a joint-venture with local partner NRW, the 8.5-kilometre line features three stations connecting the eastern suburbs with the Central Business District, passing through the international airport. The line is expected to take up to 15,000 vehicles off the roads every day and cut up to 2,000 tonnes of CO2 emissions a year.

The rating rewards the many solutions put into practice by Webuild to make the project as sustainable as possible, in particular the management of water and the materials used.

Water used by the tunnel-boring machines (TBM) was recycled at an on-site slurry treatment plant, saving 2,740 megalitres of water, the equivalent of more than 1,000 Olympic swimming pools.

Webuild used a sustainable concrete blend to produce the segments that line the tunnel walls. Known as Triple Blend 60MPa Concrete, it is a low-cement blend containing 65% supplementary cementitious materials. An estimated 21,848 tonnes of CO2 emissions were as a result avoided in the production of the 54,000 tunnel segments. In 2019, the Concrete Institute of Australia presented Webuild with an award for excellence in Technology and Innovation for this process.

Sustainability is central to Webuild’s development strategy. Its 2021-2023 ESG Plan focuses on three strategic areas (Green, Safety & Inclusion), identifies clear goals – especially to reduce greenhouse gas emissions – and accelerates investments in innovative, highly sustainable projects. In 2022, the Science Based Targets initiative (SBTi) approved the climate change goals set by Webuild to reduce its emissions by 2030. The Group’s commitment to sustainability has won acknowledgment from ratings agencies VigeoEiris (Advanced), ISS-Oekom (Prime) and EcoVadis.

# included[].attributes.field_textual_content.processed
Stronger global commitment to deliver sustainable projects

Webuild has received a Leading Rating – the highest classification – from the Infrastructure Sustainability Council (ISC) for the Airport Line project

Infrastructure Sustainability Council is Australia’s leading body for assessing infrastructure projects based on environmental, social, economic and governance factors

MILAN, February 6, 2023 – Webuild has been awarded the highest classification from Australia’s Infrastructure Sustainability Council (ISC) for the Airport Line, formerly known as the Forrestfield-Airport Link in Perth. The ISC “As Built Leading” rating for the new light rail line acknowledges Webuild’s commitment to building sustainable infrastructure in this core market where the Group is expanding. The ISC is a leading evaluator of infrastructure projects based on environmental, social, economic and governance factors.

The Airport Line, which was opened in October 2022 by Prime Minister Anthony Albanese, received in July 2018 the ISCA Certificate for “Excellent” Sustainability in Design, based on the initiatives introduced into the design of the final project. The latest rating confirms these design intentions were successfully executed in the completed project.

Built by Webuild in a joint-venture with local partner NRW, the 8.5-kilometre line features three stations connecting the eastern suburbs with the Central Business District, passing through the international airport. The line is expected to take up to 15,000 vehicles off the roads every day and cut up to 2,000 tonnes of CO2 emissions a year.

The rating rewards the many solutions put into practice by Webuild to make the project as sustainable as possible, in particular the management of water and the materials used.

Water used by the tunnel-boring machines (TBM) was recycled at an on-site slurry treatment plant, saving 2,740 megalitres of water, the equivalent of more than 1,000 Olympic swimming pools.

Webuild used a sustainable concrete blend to produce the segments that line the tunnel walls. Known as Triple Blend 60MPa Concrete, it is a low-cement blend containing 65% supplementary cementitious materials. An estimated 21,848 tonnes of CO2 emissions were as a result avoided in the production of the 54,000 tunnel segments. In 2019, the Concrete Institute of Australia presented Webuild with an award for excellence in Technology and Innovation for this process.

Sustainability is central to Webuild’s development strategy. Its 2021-2023 ESG Plan focuses on three strategic areas (Green, Safety & Inclusion), identifies clear goals – especially to reduce greenhouse gas emissions – and accelerates investments in innovative, highly sustainable projects. In 2022, the Science Based Targets initiative (SBTi) approved the climate change goals set by Webuild to reduce its emissions by 2030. The Group’s commitment to sustainability has won acknowledgment from ratings agencies VigeoEiris (Advanced), ISS-Oekom (Prime) and EcoVadis.

# included[].attributes.field_title_bold.value
Webuild wins Top Sustainability Award for Airport Line in Perth, Australia

# included[].attributes.field_title_bold.processed
Webuild wins Top Sustainability Award for Airport Line in Perth, Australia

# included[].attributes.field_textual_content.value
Combined group to rank among biggest players in Australia

Acquired more than €4 billion (AU$ 6 billion) of order backlog and guaranteed 1,100 jobs

The acquisition perimeter includes, in addition to Snowy 2.0, Inland Rail stakes, other strategic infrastructure projects, under new accretive terms, such as:

Waitsia gas project, Lombrum naval base, Tallawarra power plant

projects for which Clough is preferred bidder, such as Perdaman’s Ceres urea plant

Acquisition boosts Webuild presence in Australia with scale, expertise, workforce

Webuild reaches a total order backlog in Australia, including preferred bidder projects, of more than €12 billion (AU$ 18.5 billion) and about 3,000 employees

Webuild and Deloitte administrators working with stakeholders to secure creditor approval by mid-February

MILAN, February 3, 2023 - Webuild announces it has signed the contract with the Deloitte Administrators of Clough Limited (Clough) in Australia to acquire Clough assets. Following the disclosure on December 14, 2022 and January 19, 2023, the final acquisition perimeter comprises: i) Clough’s organisation, including offices, trademarks, credentials, business references, senior management and office personnel and, ii) more than €4 billion worth of projects in backlog (as of end 2022), including the related project workforce.

The integration of Webuild and Clough, that guarantees the continuity of Clough’s projects and ongoing employment for 1,100 Clough employees, will create a Group that ranks among the largest and oldest in Australia. The current projects included in the transaction are amongst the most important infrastructure projects in Australia and Papua New Guinea, and the agreement will allow the delivery for all levels of government, local communities and businesses involved. The transaction also ensures subcontractors and suppliers contracted to projects within the perimeter will be paid to complete their contracted works.

The following is a breakdown of the perimeter of the assets being acquired:

The transaction would enable Webuild to:

strengthen its organizational, engineering and workforce structure in Australia, instrumental to the execution of its order backlog and commercial plan. Webuild is set to benefit from a booming market with hundreds of billions of investments expected in the coming years;

acquire a strong and structured local presence with more than 100 years’ long history, deep Australian roots and tradition;

benefit from scale and significant synergies by enhancing Clough's central resources specialized in commercial planning and business development, bid preparation, human resources management, procurement management, administration, finance and control;

expand and diversify Webuild’s business by leveraging Clough’s competencies, capabilities, good market positioning and strong reputation in sectors such as energy, installations, and defence.

The total value of the transaction is equal to approximately AU$35.9 million (€23.4 million). The completion of the acquisition remains subject to obtaining certain consents from third parties involved in the operation, including the approval at the second meeting of creditors expected to be held by mid-February 2023.

***

Australia is a core market for Webuild, where it has potential construction contracts estimated in excess of €300 billion for the 2022-2025 period.

Webuild is continuing to expand its operations in Australia. It will take part in the construction of the Sydney Metro-Western Sydney Airport project that connect the city to the new airport. It is working on the North East Link, the missing section of Melbourne’s beltway. It is part of the consortium that is the preferred bidder for the construction of a section of Inland Rail, designed to improve freight transport between Brisbane and Melbourne. In the Snowy Mountains, the Group is working on Snowy 2.0, the largest hydropower project in the country.

Founded in Perth in 1919, Clough is a pioneer in the country’s construction industry. Landmark projects include the National Mutual Building, the first high-rise in Perth, and the Graham Farmer Freeway, the first major underground freeway tunnel in Western Australia.

The integration of the two groups brings Webuild to an overall order backlog in Australia of over €12 billion, including projects for which they are preferred bidders, and around 3,000 employees.

# included[].attributes.field_textual_content.processed
Combined group to rank among biggest players in Australia

Acquired more than €4 billion (AU$ 6 billion) of order backlog and guaranteed 1,100 jobs

The acquisition perimeter includes, in addition to Snowy 2.0, Inland Rail stakes, other strategic infrastructure projects, under new accretive terms, such as:

Waitsia gas project, Lombrum naval base, Tallawarra power plant

projects for which Clough is preferred bidder, such as Perdaman’s Ceres urea plant

Acquisition boosts Webuild presence in Australia with scale, expertise, workforce

Webuild reaches a total order backlog in Australia, including preferred bidder projects, of more than €12 billion (AU$ 18.5 billion) and about 3,000 employees

Webuild and Deloitte administrators working with stakeholders to secure creditor approval by mid-February

MILAN, February 3, 2023 - Webuild announces it has signed the contract with the Deloitte Administrators of Clough Limited (Clough) in Australia to acquire Clough assets. Following the disclosure on December 14, 2022 and January 19, 2023, the final acquisition perimeter comprises: i) Clough’s organisation, including offices, trademarks, credentials, business references, senior management and office personnel and, ii) more than €4 billion worth of projects in backlog (as of end 2022), including the related project workforce.

The integration of Webuild and Clough, that guarantees the continuity of Clough’s projects and ongoing employment for 1,100 Clough employees, will create a Group that ranks among the largest and oldest in Australia. The current projects included in the transaction are amongst the most important infrastructure projects in Australia and Papua New Guinea, and the agreement will allow the delivery for all levels of government, local communities and businesses involved. The transaction also ensures subcontractors and suppliers contracted to projects within the perimeter will be paid to complete their contracted works.

The following is a breakdown of the perimeter of the assets being acquired:

The transaction would enable Webuild to:

strengthen its organizational, engineering and workforce structure in Australia, instrumental to the execution of its order backlog and commercial plan. Webuild is set to benefit from a booming market with hundreds of billions of investments expected in the coming years;

acquire a strong and structured local presence with more than 100 years’ long history, deep Australian roots and tradition;

benefit from scale and significant synergies by enhancing Clough's central resources specialized in commercial planning and business development, bid preparation, human resources management, procurement management, administration, finance and control;

expand and diversify Webuild’s business by leveraging Clough’s competencies, capabilities, good market positioning and strong reputation in sectors such as energy, installations, and defence.

The total value of the transaction is equal to approximately AU$35.9 million (€23.4 million). The completion of the acquisition remains subject to obtaining certain consents from third parties involved in the operation, including the approval at the second meeting of creditors expected to be held by mid-February 2023.

***

Australia is a core market for Webuild, where it has potential construction contracts estimated in excess of €300 billion for the 2022-2025 period.

Webuild is continuing to expand its operations in Australia. It will take part in the construction of the Sydney Metro-Western Sydney Airport project that connect the city to the new airport. It is working on the North East Link, the missing section of Melbourne’s beltway. It is part of the consortium that is the preferred bidder for the construction of a section of Inland Rail, designed to improve freight transport between Brisbane and Melbourne. In the Snowy Mountains, the Group is working on Snowy 2.0, the largest hydropower project in the country.

Founded in Perth in 1919, Clough is a pioneer in the country’s construction industry. Landmark projects include the National Mutual Building, the first high-rise in Perth, and the Graham Farmer Freeway, the first major underground freeway tunnel in Western Australia.

The integration of the two groups brings Webuild to an overall order backlog in Australia of over €12 billion, including projects for which they are preferred bidders, and around 3,000 employees.

# included[].attributes.field_title_bold.value
Webuild: signed the contract to acquire Clough assets 

# included[].attributes.field_title_bold.processed
Webuild: signed the contract to acquire Clough assets 

# included[].attributes.field_meta_title
Webuild+Clough. Stronger together in Australia - Webuild video

# included[].attributes.field_textual_content.value
Webuild: signed the contract to acquire Clough assets. Combined group to rank among biggest players in Australia.

Webuild reaches a total order backlog in Australia, including preferred bidder projects, of more than €12 billion (AU$ 18.5 billion) and about 3,000 employees.

Read the press release

# included[].attributes.field_textual_content.processed
Webuild: signed the contract to acquire Clough assets. Combined group to rank among biggest players in Australia.

Webuild reaches a total order backlog in Australia, including preferred bidder projects, of more than €12 billion (AU$ 18.5 billion) and about 3,000 employees.

Read the press release

# included[].attributes.field_title_bold.value
Webuild+Clough. Stronger together in Australia

# included[].attributes.field_title_bold.processed
Webuild+Clough. Stronger together in Australia

# included[].attributes.field_textual_content.value
It’s going to be a big year for the North East Link – with the huge tunnel boring machines (TBMs) now being built that will create the project’s 6.5km-long twin road tunnels.
Each TBM is 90 metres long, 15.6 metres in diameter and weighs more than 4,000 tonnes, and will dig a new tunnel from Watsonia to Bulleen in greater Melbourne, Australia.

Webuild, as part of the Spark consortium, is building the tunnels that will fix the missing link in Melbourne’s freeway network, take 15,000 trucks off local roads a day and slash travel times by up to 35 minutes.

Work has begun on the TBM launch box at Watsonia where the machines begin their journey, with more than 200 piles installed. The launch box will be 40 metres deep and 200 metres long and will include the equivalent concrete in volume to more than three Olympic swimming pools – plus 1,700 tonnes of steel.

Victoria’s Minister for Transport Infrastructure Jacinta Allan recently toured the Watsonia site and said: “With tunnel boring machines on the way, locals are going to see a huge amount of construction as we get ready to start tunnelling in 2024.”

North East Link – Victoria’s largest-ever road project – is a significant employer for Victoria, with 2,200 workers already on the project, including 160 apprentices, trainees and cadets, who have worked more than 143,000 hours.

Over the life of the project, North East Link will create 10,000 local jobs for Victorians.

# included[].attributes.field_textual_content.processed
It’s going to be a big year for the North East Link – with the huge tunnel boring machines (TBMs) now being built that will create the project’s 6.5km-long twin road tunnels.
Each TBM is 90 metres long, 15.6 metres in diameter and weighs more than 4,000 tonnes, and will dig a new tunnel from Watsonia to Bulleen in greater Melbourne, Australia.

Webuild, as part of the Spark consortium, is building the tunnels that will fix the missing link in Melbourne’s freeway network, take 15,000 trucks off local roads a day and slash travel times by up to 35 minutes.

Work has begun on the TBM launch box at Watsonia where the machines begin their journey, with more than 200 piles installed. The launch box will be 40 metres deep and 200 metres long and will include the equivalent concrete in volume to more than three Olympic swimming pools – plus 1,700 tonnes of steel.

Victoria’s Minister for Transport Infrastructure Jacinta Allan recently toured the Watsonia site and said: “With tunnel boring machines on the way, locals are going to see a huge amount of construction as we get ready to start tunnelling in 2024.”

North East Link – Victoria’s largest-ever road project – is a significant employer for Victoria, with 2,200 workers already on the project, including 160 apprentices, trainees and cadets, who have worked more than 143,000 hours.

Over the life of the project, North East Link will create 10,000 local jobs for Victorians.

# included[].attributes.field_title_bold.value
North East Link tunnelling mega machines on the way

# included[].attributes.field_title_bold.processed
North East Link tunnelling mega machines on the way

# included[].attributes.field_meta_description
The North West Rail Link project: metropolitan infrastructure with low pollution.

# included[].attributes.field_subtitle.value
The biggest public transport infrastructure project in Sydney since Harbour Bridge was built almost 100 years ago.

# included[].attributes.field_subtitle.processed
The biggest public transport infrastructure project in Sydney since Harbour Bridge was built almost 100 years ago.

# included[].attributes.field_textual_content.value
The Sydney Metro Northwest project involved the construction of a new metropolitan train line north-west of Sydney, connecting Chatswood station with Cudgegong Road.
The works in the section between Bella Vista station and Cudgegong Road, involved the design and construction of the "Skytrain" bridge and other civil works that made up one of the main sections of the line.

The project involved building 8 new stations and 4,000 parking spaces. It is the first completely automated high-speed train system in the continent.

This is the biggest public transport infrastructure project currently under way in Australia, and the biggest in Sydney since Harbour Bridge was built almost 100 years ago.

Technological innovations
​One of the major innovations of the project is the use of launching technology, known as "Stage by Stage", the kinematics of which were developed and implemented for the first time by Salini on the R881/2C project in Dubai. This technology is based on the use of extremely high performance launching machines and a construction method that involves the simultaneous launch of two spans, using the cantilever method for ¼ of the span and subsequent infill and completion through the span-by-span method. This method combines the ability to launch spans of different lengths, and of over 60 metres, with an impressive speed of execution, all using the same machine. Brilliant engineering solutions have made it possible to use the same machine to build the cable-stayed bridge, minimising the amount of temporary prestressing.

Challenges of the project
One of the greatest engineering challenges faced concerns adapting the design to construction requirements, specifically: overcoming significant torsional effects due to the curvature of the deck, in the presence of railway and stay loads. The design and construction are harmoniously integrated and depicted through an advanced Building Implementation Modelling (BIM) system.

Accolades: For Sydney's metro, the Infrastructure Sustainability Council of Australia (ISCA) awarded Salini Impregilo the best rating, placing the project among the World-Class Best Practice in Sustainability.  ISCA, a public-private non profit body, manages Australia's sole rating system, for assessing sustainability of infrastructure projects, from an environmental, social, economic and governance perspective. In particular, the Group received two awards, both for design – Leading IS Design rating – in 2015, and for building – Leading As Built IS rating – in 2017.

Moreover, the Group has been the only company to win two awards for work on Sydney metro Northwest - the 2018 Project of the Year and the 2018 Global Best Project for the railway sector - from Engineering News Record (ENR).

MAIN TECHNICAL DATA:

1 viaduct of 4.6 Km between Balmoral Road and Windsor Road

1 cable-stayed bridge of 270 m

# included[].attributes.field_textual_content.processed
The Sydney Metro Northwest project involved the construction of a new metropolitan train line north-west of Sydney, connecting Chatswood station with Cudgegong Road.
The works in the section between Bella Vista station and Cudgegong Road, involved the design and construction of the "Skytrain" bridge and other civil works that made up one of the main sections of the line.

The project involved building 8 new stations and 4,000 parking spaces. It is the first completely automated high-speed train system in the continent.

This is the biggest public transport infrastructure project currently under way in Australia, and the biggest in Sydney since Harbour Bridge was built almost 100 years ago.

Technological innovations
​One of the major innovations of the project is the use of launching technology, known as "Stage by Stage", the kinematics of which were developed and implemented for the first time by Salini on the R881/2C project in Dubai. This technology is based on the use of extremely high performance launching machines and a construction method that involves the simultaneous launch of two spans, using the cantilever method for ¼ of the span and subsequent infill and completion through the span-by-span method. This method combines the ability to launch spans of different lengths, and of over 60 metres, with an impressive speed of execution, all using the same machine. Brilliant engineering solutions have made it possible to use the same machine to build the cable-stayed bridge, minimising the amount of temporary prestressing.

Challenges of the project
One of the greatest engineering challenges faced concerns adapting the design to construction requirements, specifically: overcoming significant torsional effects due to the curvature of the deck, in the presence of railway and stay loads. The design and construction are harmoniously integrated and depicted through an advanced Building Implementation Modelling (BIM) system.

Accolades: For Sydney's metro, the Infrastructure Sustainability Council of Australia (ISCA) awarded Salini Impregilo the best rating, placing the project among the World-Class Best Practice in Sustainability.  ISCA, a public-private non profit body, manages Australia's sole rating system, for assessing sustainability of infrastructure projects, from an environmental, social, economic and governance perspective. In particular, the Group received two awards, both for design – Leading IS Design rating – in 2015, and for building – Leading As Built IS rating – in 2017.

Moreover, the Group has been the only company to win two awards for work on Sydney metro Northwest - the 2018 Project of the Year and the 2018 Global Best Project for the railway sector - from Engineering News Record (ENR).

MAIN TECHNICAL DATA:

1 viaduct of 4.6 Km between Balmoral Road and Windsor Road

1 cable-stayed bridge of 270 m

# included[].attributes.name
Airport Central- FAL-Sept - 2022  - 0007.jpg

# included[].relationships.thumbnail.data.meta.alt
Forrestfield Airport Link - Airport Central Station - Webuild

# included[].relationships.field_media_image.data.meta.alt
Forrestfield Airport Link - Airport Central Station - Webuild

# included[].attributes.name
Snowy TBM Florence - Webuild - commissioning event_edited.jpg

# included[].relationships.thumbnail.data.meta.alt
Forrestfield Airport Link - Airport Central Station - Webuild

# included[].relationships.field_media_image.data.meta.alt
Forrestfield Airport Link - Airport Central Station - Webuild

# included[].relationships.thumbnail.data.meta.alt
Australia’s first entirely wooden stadium

# included[].relationships.field_media_image.data.meta.alt
Australia’s first entirely wooden stadium

# included[].attributes.filename
Airport Central- FAL-Sept - 2022  - 0007.jpg

# included[].attributes.filename
Snowy TBM Florence - Webuild - commissioning event_edited.jpg

# included[].attributes.uri.value
public://2022-03/Snowy TBM Florence - Webuild - commissioning event_edited.jpg

# included[].attributes.field_meta_description
Podcast Infrastructure in Action is Webuild's podcasting project, which tells the world of infrastructure in Australia through the eyes and experience of one of the largest global players in the sector

# included[].attributes.field_meta_title
Australia Webuild Podcast Infrastructure in Action - Webuild

# included[].attributes.field_title
Webuild Podcast Infrastructure in Action

# included[].attributes.name
AU highlight - 13 stazioni a Perth, Sydney e Melbo

# included[].attributes.field_number_label
metro and railway stations in Perth, Sydney and Melbourne

# included[].attributes.field_title_bold.value
We are a multinational and multi-ethnic company

# included[].attributes.field_title_bold.processed
We are a multinational and multi-ethnic company

# included[].attributes.field_title_bold.value
Promoting Health and Safety

# included[].attributes.field_title_bold.processed
Promoting Health and Safety

# included[].attributes.field_title_bold.value
Protecting the environment is a priority for the Group

# included[].attributes.field_title_bold.processed
Protecting the environment is a priority for the Group

# included[].attributes.field_title_bold.value
We are committed to young people

# included[].attributes.field_title_bold.processed
We are committed to young people

# included[].attributes.field_title_bold.value
Webuild+Clough. Stronger in Australia

# included[].attributes.field_title_bold.processed
Webuild+Clough. Stronger in Australia

# included[].attributes.field_title_bold.value
We are in Australia to build shared, long-lasting value

# included[].attributes.field_title_bold.processed
We are in Australia to build shared, long-lasting value

# included[].attributes.field_title_bold.value
Webuild Metaworlds

# included[].attributes.field_title_bold.processed
Webuild Metaworlds

# included[].attributes.field_title_bold.value
We Build: Our DNA

# included[].attributes.field_title_bold.processed
We Build: Our DNA

# included[].attributes.name
Forrestfield-Airport Link, Perth - Video

# included[].attributes.field_title_bold.value
Forrestfield-Airport Link, Perth

# included[].attributes.field_title_bold.processed
Forrestfield-Airport Link, Perth

# included[].attributes.field_title_bold.value
Sydney Metro Northwest

# included[].attributes.field_title_bold.processed
Sydney Metro Northwest

# included[].attributes.field_title_bold.value
Interview with Richard Graham, Project Manager

# included[].attributes.field_title_bold.processed
Interview with Richard Graham, Project Manager

# included[].attributes.field_title_bold.value
Video reportage in the construction site of the Forrestfield-Airport Link

# included[].attributes.field_title_bold.processed
Video reportage in the construction site of the Forrestfield-Airport Link

# included[].attributes.field_title_bold.value
We are in Australia to build shared long-lasting value

# included[].attributes.field_title_bold.processed
We are in Australia to build shared long-lasting value

# included[].attributes.field_textual_content.value
Webuild, the new group born in 2020 from Salini Impregilo, is a leading global player in the construction of large, complex projects for sustainable mobility, clean hydro energy, clean water, green buildings, supporting clients in achieving sustainable development goals (SDGs).

Inspired by sustainable development principles, we leverage on technological and organisational innovation, together with our exceptional human and professional resources, to develop construction solutions capable of enhancing community resources and of contributing to the economic development and social wellbeing of local populations.

We bring change to the territories where we operate, building innovative and sustainable works capable of meeting the needs of today's and tommorrow's people. We envision, design and build a new world, bringing the present closer to the future, to improve people's lives today and tomorrow.

# included[].attributes.field_textual_content.processed
Webuild, the new group born in 2020 from Salini Impregilo, is a leading global player in the construction of large, complex projects for sustainable mobility, clean hydro energy, clean water, green buildings, supporting clients in achieving sustainable development goals (SDGs).

Inspired by sustainable development principles, we leverage on technological and organisational innovation, together with our exceptional human and professional resources, to develop construction solutions capable of enhancing community resources and of contributing to the economic development and social wellbeing of local populations.

We bring change to the territories where we operate, building innovative and sustainable works capable of meeting the needs of today's and tommorrow's people. We envision, design and build a new world, bringing the present closer to the future, to improve people's lives today and tomorrow.

# included[].attributes.field_textual_content.value
We are a global player with strong roots in Italy, specialized in the construction of complex infrastructure for the sustainable mobility, hydroelectric energy, water and green buildings sectors. Innovative and sustainable works that improve the lives of today's and tommorrow's people.

# included[].attributes.field_textual_content.processed
We are a global player with strong roots in Italy, specialized in the construction of complex infrastructure for the sustainable mobility, hydroelectric energy, water and green buildings sectors. Innovative and sustainable works that improve the lives of today's and tommorrow's people.

# included[].attributes.field_title_bold.value
Webuild: our DNA

# included[].attributes.field_title_bold.processed
Webuild: our DNA

# included[].attributes.name
Forrestfield-Airport Link Perth Australia - Video

# included[].attributes.field_meta_description
High standards were followed for the construction of Perth Airport in Australia to improve the quality of life and reduce CO2 emissions.

# included[].attributes.field_meta_title
Forrestfield-Airport Link, Perth, Australia - Webuild

# included[].attributes.field_textual_content.value
The Forrestfield-Airport Link is part of the works planned by the city of Perth to improve transport options and facilitate connections to the airport, reducing traffic and CO2 emissions. The project is being designed and constructed by Webuild, in joint venture with NRW Civil and Mining. It is 8.5 km long, and it includes 3 stations: Forrestfield, Redcliffe and Airport Central, the city’s international airport.

# included[].attributes.field_textual_content.processed
The Forrestfield-Airport Link is part of the works planned by the city of Perth to improve transport options and facilitate connections to the airport, reducing traffic and CO2 emissions. The project is being designed and constructed by Webuild, in joint venture with NRW Civil and Mining. It is 8.5 km long, and it includes 3 stations: Forrestfield, Redcliffe and Airport Central, the city’s international airport.

# included[].attributes.field_title_bold.value
Forrestfield-Airport Link, Perth, Australia 

# included[].attributes.field_title_bold.processed
Forrestfield-Airport Link, Perth, Australia 

# included[].attributes.name
Sydney Metro Northwest SVC - Australia - Video

# included[].attributes.name
We build Value in Perth-Intervista Richard Graham

# included[].relationships.thumbnail.data.meta.alt
Forrestfield Airport Link Project - Webuild

# included[].relationships.field_media_image.data.meta.alt
Forrestfield Airport Link Project - Webuild

# included[].attributes.name
Webuild + Clough, stronger together In Perth, we welcomed our new colleagues_2_1.png

# included[].attributes.filename
Webuild + Clough, stronger together In Perth, we welcomed our new colleagues_2_1.png

# included[].attributes.uri.value
public://2023-02/Webuild + Clough, stronger together In Perth, we welcomed our new colleagues_2_1.png