Webuild Group reports record-breaking results for 2024 with revenues of €12bn, up 20% on 2023 and €1bn more than its target for 2025.

EBITDA reached €967m, up 18% on 2023 and exceeding a €900m target.

The group is now raising its 2025 revenue target to €12.5bn, up from the previous target of €11bn. It said orders placed in 2024 are worth €13bn.

Around 95% of orders placed in 2024 come from “low-risk markets”, the company said.

It’s targeting transportation, energy security, and water infrastructure.

Projects completed in 2024 include Milan’s Metro Line 4, the San Pasquale Station on Naples’ Metro Line 6, Riyadh Metro’s Line 3, and Thessaloniki’s first metro line.

The group has hired 13,600 new people on average in each of the last four years. Last year, around half were under the age of 35.