Milan, October 24, 2017 - Salini Impregilo (MTA: SAL), Italy’s leading infrastructure group, announces that Fitch Ratings has raised its Long-Term Issuer Default Rating (IDR) to “BB+” from “BB” with a Stable Outlook. Fitch also upgraded the senior unsecured rating to “BB+” from “BB”.

Key drivers for the rating have been:

• Solid Business Profile
• Healthy Backlog
• Effective Risk Management
• Improving Financial Profile
• Business Plan on Track

Fitch stated: “The upgrade reflects Salini’s improved business profile, which includes increased scale, broader diversification and diminished project concentration. Salini's business profile is now comparable to an investment-grade rating, thanks to its geographical diversification and solid market positioning”.