Webuild's S&P Global Rating upgraded BB+ - International ratings agency, S&P Global, has upgraded its rating on Webuild to BB+, the second upgrade made by the agency during the execution of the Group’s 2023-2025 business plan.
The upgrade was achieved through:
- Strong order backlog
- Disciplined contract management
- Leading position in key markets
- Robust growth and a strengthening of the Group’s financial structure
Webuild is preparing a new business plan with the rating at one level below investment grade.
Read more here.
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