Earnings release
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webuild PRESS RELEASE SELECTED DISCLOSURE OR THE FIRST 3 MONTHS OF 2021 ▪ NEW ORDERS , ACQUIRED AND TO BE FINALISED , EQUAL TO € 2.6 BILLION YEAR - TO - DATE ; FOCUS ON INFRASTRUCTURE FOR SUSTAINABLE MOBILITY ▪ TENDERS AWAITING OUTCOME FOR € 10 BILLION ■ COMMERCIAL PIPELINE OVER € 35 BILLION AND GEOGRAPHICALLY DIVERSIFIED IN KEY MARKETS SUCH AS ITALY , WESTERN EUROPE , UNITED STATES , AUSTRALIA ▪ ASTALDI INTEGRATION NEAR COMPLETION - PARTIAL PROPORTIONAL DEMERGER IN FAVOUR OF WEBUILD EXPECTED BY AUGUST 2021 ▪ 2021 OUTLOOK CONFIRMED MILAN , May 13 , 2021 – The Board of Directors of Webuild ( MTA : WBD ) examined today the following data and information relating to the business evolution since the start of 2021 . **** The results of Webuild's commercial activities in the first quarter of 2021 reflect the positive effects of the strengthening of the Group with its acquisition of Astaldi and the signs of recovery in the infrastructure sector in Italy . Leveraging the resources of the " Piano Nazionale Ripresa e Resilienza ” ( PNNR ) ( National Recovery and Resilience Plan ) and the shared opinion at the government level of the need to accelerate the development of strategic public works , the country is planning infrastructure investments of approximately € 62 billion , including € 42 billion in sustainable mobility and € 3.2 billion in water infrastructure , two areas in which the Group is well positioned . In addition , Webuild is pursuing opportunities in other key markets such as the United States , Europe and Australia , where investments in the infrastructure sector are planned for a post - pandemic economic recovery . " We are very satisfied with the volume of orders acquired in the early months of 2021 , and we are even more satisfied to be able to contribute to the development of projects that support the relaunch of infrastructure and employment in Italy in a phase of economic recovery in which we strongly believe , " said Pietro Salini , Chief Executive of Webuild . " Our presence in the country has been strengthened thanks to the integration of Astaldi , but we aim to keep growing , in line with the experiences of our international competitors in their respective countries of origin . Investment in infrastructure represents a major driver with an anti - cyclical role during this period of emergency in Italy and around the world . It is a response that must be given immediately in the face of the post - Covid economic crisis . In order to build a sustainable future in the long term , we are also strengthening our activities in the field of design , along with the entire supply chain . Similarly , we are looking at sectors related to construction such as maintenance , a business area with enormous opportunities not only in Italy but also in other countries where we operate , starting with the United States . We are strengthening our commitment to sustainability and innovation so we can offer our clients a wealth of expertise and innovative solutions to enable them to develop the best infrastructure projects and contribute to them achieving the United Nations Sustainable Development Goals ( SDGs ) . " NEW ORDERS New orders , acquired and to be finalised , year - to - date , amounted to approximately € 2.6 billion , including projects for which Webuild was the best bidder . The main orders include : 1