Italy's Webuild reports new orders of $3.5 billion for year so far
14/05/2026 18:14
May 14 (Reuters) - Italy's largest construction company Webuild WBD.MI on Thursday reported 3 billion euros ($3.50 billion) of new orders for the year so far, and confirmed its 2026 outlook. All new orders are "in low-risk markets such as Italy, Australia and North America - fully in line with the group’s de-risking strategy", the company said in a statement. It confirmed 2026 guidance of "revenues in line with the record levels of 2025". Webuild's shares tumbled when it issued the guidance in March. The company said its commercial pipeline so far this year totalled 99 billion euros and it was awaiting the outcome of 16 billion euros of tenders. It added its exposure in the Middle East was limited to about 5% of its backlog. ($1 = 0.8568 euros) (Reporting by Anna Uras. Editing by Mark Potter) ((anna.uras@thomsonreuters.com))