Webuild upgraded to ’BB+’ by S&P on improved metrics and performance By Investing.com
Update: 2025-11-03
Description
Webuild, an Italian construction giant, receives a significant boost from S and P Global Ratings, upgrading its credit rating to double B plus. This upgrade reflects Webuild's improved financial health, driven by a 22% revenue surge in H1 2025 and a massive €59 billion order backlog. The company's strategic shift towards low-risk markets, particularly in Italy and Australia, has also been well-received. Despite potential short-term cash flow challenges, S and P's stable outlook indicates confidence in Webuild's ability to manage debt and maintain its positive momentum.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
