The macroeconomic scenario is still in a transitional phase, whereas the demand for large-scale infrastructure is showing signs of more rapid growth than expected. In this macroeconomic scenario, the Salini Impregilo Group, for the half-year period under review, has achieved positive results, the conclusion of the agreement for the renegotiation of its bank debt and the consolidation of the new organizational structures resulting from the merger between Salini and Impregilo. At the end of the first half of 2015, a truly outstanding order portfolio, both in qualitative and quantitative terms, and a well-balanced financial structure, continue to be important growth and development factors that support the directors’ expectation that results for the subsequent periods of the current year will be in keeping with the guide lines announced to the market.