WeBuild SpA (MIL:WBD)

€ 2.634 0.046 (1.78%) Market Cap: 2.63 Bil Enterprise Value: 2.21 Bil PE Ratio: 14.50 PB Ratio: 1.68 GF Score: 80/100

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Full Year 2020 Webuild SpA Earnings Call Transcript

Mar 22, 2021 / NTS GMT

Release Date Price: €1.73 (+3.03%)

Transcript

Operator

Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Webuild Full Year 2020 Financial Results Conference Call. Our call today is hosted by Pietro Salini, Chief Executive Officer; together with Massimo Ferrari, CFO and General Manager. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Pietro Salini. Please go ahead, sir.

Pietro Salini

Webuild S.p.A. - CEO & Non-Independent Executive Director

Good morning, everyone, and welcome to our conference call dedicated to Webuild 2020 full year results. I'm Pietro Salini, Chief Executive of the group, and I will give a few words about our performance last year before letting Massimo Ferrari go into further details on the results.

Let's start with the highlights on Slide 3. We exceeded our financial targets for the year. And we are on track to achieve our strategic targets for 2023. We completed the acquisition of 66% stake of Astaldi. To protect the safety of our workers, a top priority for us, we imposed strict measures

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