The Group’s revenues rose by 4% during the 9M ’25 period to exceed €6,911 million.
Construction, which contributes over 80% of this variable, moderated its growth to 3%, implying a 5% in the standalone Q3, despite a more demanding base effect in 2024 following the recovery of Budimex in Q2 at that time, as well as the weakening of the dollar last quarter (down 6%)
EBITDA increased by 2% to €1,031 million, confirming the trend of growth moderation in Toll Roads, aided by unfavorable FX in Q3, while Construction reported a decrease in EBITDA, implying a 12% drop in the standalone Q3, partially affected by a demanding comparison versus Q3.
