The PTUS package includes two 3km tunnels, two stations and a connection linking Ontario Line to Toronto’s Line 2 subway.

The overall route will span 4.2km, with 3.4km in tunnels formed by two separate tubes, one for each direction.

WeBuild SpA (IMPJY) reports record profitability with EBITDA margin at 10.1% and unveils Trevi acquisition synergies despite a EUR3.8 billion backlog reduction from NEOM contract cancellations.

Webuild S.p.A. (BIT:WBD) has completed a €500 million fixed-income offering through senior unsecured bonds. The bonds are due in 2032, extending the company’s debt maturity profile. The transaction adds a sizeable pool of funding that can be used for projects and general corporate purposes. For shareholders, this financing move sits alongside a share price of €2.75 and a mixed return profile, with the stock up 9.0% over the past week and 15.5% over the past month, but showing weaker...

The 3km section will use technology, including a network of IoT sensors, to ensure safety.

WeBuild SpA (IMPJY) reports a 15% revenue increase and a robust order intake, while navigating inflation and geopolitical challenges.

The project will include the construction of 17km of road, with 15 viaducts, three overpasses, and a 1.4km twin-tube tunnel.

If you have been following Webuild's journey lately and are debating whether to buy in, hold, or take profits, you are not alone. Even after a bit of turbulence, with the stock slipping 5.9% over the last week and nearly 14% over the past month, the big picture remains compelling. Webuild’s long-term returns are hard to ignore, with shares boasting a hefty 52.7% gain over the past year and an incredible 288.2% rise over five years. The stock’s sharp climb, up 27.0% year-to-date and 175.7% in...

The contract allocates a 60% share to Webuild and covers the Paola-Cosenza doubling section.