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DE - RISKING PROCESS ACCELERATES RECORD NEW ORDERS IN KEY MARKETS : ITALY , AUSTRALIA , UNITED STATES , FRANCE AND SWITZERLAND 70 % OF CONSTRUCTION BACKLOG , 80 % OF REVENUES IN LOW - RISK COUNTRIES NET FINANCIAL DEBT HALVED FROM JUNE 30 , 2020 webuild LEADING ROLE IN INVOLVING SUPPLY CHAIN IN ITALY'S INFRASTRUCTURE INVESTMENTS UNDER NATIONAL RECOVERY AND RESILIENCE PLAN FOCUS ON INNOVATION AND SUSTAINABILITY : -35 % GREENHOUSE GAS EMISSIONS BY 2022¹ ; + € 30M INVESTMENT IN INNOVATIVE PROJECTS OF GREAT POTENTIAL BY 2023 ● PRESS RELEASE CONSOLIDATED FINANCIAL RESULTS AT JUNE 30 , 2021 ● New orders equal to € 9.6 billion year - to - date , exceeds € 23 billion when including Dallas - Houston high speed railway mega contract • Total order backlog equal to € 43.3 billion² , of which € 34.5 billion related to construction with focus on sustainable infrastructure , sustainable mobility and clean water in particular Revenues and margins up , despite uncertainty over global economy due to epidemiological trends : • Adjusted³ Revenues : € 3.1 billion ( € 2.2 billion ) * + 42 % • Adjusted EBITDA : € 198 million ( € 111 million ) + 78 % ● ● Net financial debt : € 540 million , significantly improved from June 30 , 2020 ( € 1.1 billion at June 2020 and € 442 million at December 2020 ) Gross financial debt paid down by more than € 590 million in the first half of 2021 • Strong cash position : € 1.7 billion 2021 OUTLOOK Revenue : € 6.5 - 7.2 billion ; ● EBITDA margin at approx . 8 % with cost efficiency programme ; Net Financial Debt : € 0.5-0.3 billion The economic and financial targets for 2021 may be subject to change due to the COVID - 19 pandemic and the effect of its unpredictable development on the countries where the Group operates . *** 1 Compared to 2017 2 The backlog as at June 30 , 2021 does not include projects awarded after June 30 , 2021 ( € 0.8 billion ) , projects for which the Group was the best bidder ( € 3.8 billion ) and the Dallas - Houston high - speed railway mega contract ( € 13.1 billion ) . 3 The mentioned data are adjusted income statement data and they consist of reported data that include results from the non - controlled joint ventures ( Work Under Management ) related to Lane . For further details , please refer to the table attached to the press release . 4 The figures in brackets refer to adjusted data at June 30 , 2020 and does not include Astaldi . 1