Italy's largest construction company Webuild surprised markets on Thursday by indicating its core profit would almost double in 2025, after growing as much as 30% this year. Under a new three-year plan unveiled on Thursday, Webuild said it had already won 53.4 billion euros worth of orders, which covers 95% of its expected revenues and profit targets for the 2023-2025 period. Shares in Webuild closed up 12% after the plan with traders noting that the 2023 core profit goal of 720 million euros to 760 million euros was well above a market consensus of 580 million euros.
Porsche car production is a fraction of its larger cousins but the 310,000 made last year is still 24 times more than Ferrari
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