MILAN, 30-Nov-2016 — /EuropaWire/ — Salini Impregilo (MTA: SAL), Italy’s largest infrastructure group, announces that Dagong Europe Credit Rating has confirmed its Long-Term Credit Rating at “BB+” and upgraded its outlook to positive from stable.
Dagong stated: “The ‘Positive’ outlook reflects Salini’s improved business profile driven by the acquisition of Lane resulting in better diversification, higher revenues, reinforced competitive position and increased business opportunities in the USA.”
Salini Impregilo is a leading global player in the construction of major complex infrastructures. It specializes in the water sector, where it is recognized by the Engineering News-Record as the global leader, as well as railways and metro systems, bridges, roads and motorways, large civil and industrial buildings, and airports. The Group has 110 years of experience on five continents, with design, engineering and construction operations in 50 countries and more than 35,000 employees from over 100 nationalities. Salini Impregilo is a signatory of the United Nations Global Compact and pursues sustainable development objectives to create value for all stakeholders. It assists clients in strategic areas including energy and mobility, helping to drive development and well-being for current and future generations. Its leadership is reflected by projects such as the expansion of the Panama Canal, the Grand Ethiopian Renaissance Dam, the Cityringen metro in Copenhagen, the Red Line North metro in Doha, the Stavros Niarchos cultural centre in Athens and the high-speed rail link between Genoa and Milan. In 2015, its revenues (including Lane Construction) totalled around €6 billion, with a backlog of over €36 billion. Salini Impregilo Group is headquartered in Italy and is listed on the Milan Stock Exchange (Borsa Italiana: SAL; Reuters: SALI.MI; Bloomberg: SAL:IM). For more information, visit our website at www.saliniimpregilo.com and follow us on Twitter @SaliniImpregilo
SOURCE: Salini Impregilo S.p.A.
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