First Half 2021 Financial Results slide image

First Half 2021 Financial Results

Strategic Drivers 2021-23 Guidelines Consolidate presence in Italy • • Accelerating work on projects in the order book Taking advantage of the Group's greater scale to seize opportunities arising from Italy's latest measures for the infrastructure sector (PNRR(1), new advance payment regime and a simplified tender procedure) Expand in adjacent segments that can enable greater diversification of the order backlog and cash flow, such as infrastructure maintenance in Italy De-risk the order backlog by taking advantage of opportunities offered by a trend towards more infrastructure investment in markets with low risk profiles(2) Continue to implement an operational efficiency program worth €120m by 2023, enabled by the digitalization of core processes (e.g. knowledge management, bid-to-win, field process automation and control, workforce planning) Greater cash flow as a result of low risk contracts, operational efficiencies and assets monetization Focus on Environmental, Social and Governance (ESG), favoring infrastructure projects that help reduce harmful gas emissions, all the while guaranteeing high worker safety standards. (1) PNRR: Piano Nazionale di Ripresa e Resilienza 17 First Half 2021 Financial Results webuild (2) Including Italy, North America, central and northern Europe and Australia
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