Ferrovial

ACS Hochtief Alemania

ACS (Hochtief) and Ferrovial (Budimex), contractors showing most interest in building terminal at Warsaw’s new airport

Link Securities | Investment in Poland’s Centralny Port Komunikacyjny (Central Communication Port) project includes the construction of a new international airport on the outskirts of Warsaw and the development of a large high-speed rail network connecting the facility with major Polish cities, according to the newspaper Expansión. The investment in this programme amounts to around €30 billion, of which €1.2 billion will go towards the construction of a large airport…


ferrovial carretera

Ferrovial revenues up 10% in Q1 2025 to over €2.05 billion for Construction

Intermoney | Ferrovial (Hold, PO 39) announced its results for March 25 yesterday after the close of the New York market, holding a conference call today at 3 p.m. The main figures from the results, together with our estimates, are shown in the attached table. Overall, EBITDA rose by 22% to €309 million in Q1 2025, compared to Intermoney’s estimate of 24%, confirming the improvements in margins in construction, combined…


Budimex Ferrovial

Ferrovial strengthens portfolio in Poland after being selected to execute three projects worth €266 million total

Link Securities | Ferrovial (FER) is to strengthen its portfolio in Poland, its second largest construction market after the United States, according to elEconomista newspaper. The Spanish multinational, through its Polish subsidiary Budimex, has recently been selected by Poland’s General Directorate of National Roads and Motorways to carry out three projects totalling zł1,139.2 million (around €266.5 million at current exchange rates).


Ferrovial construcción

ACS and Ferrovial selected for construction work on military buildings around US

Link Securities | The US Department of Defense has once again selected ACS and Ferrovial (FER) as preferred contractors to carry out construction work on military buildings in different parts of the country, according to Expansión newspaper. In a memo issued this week, the US Army announced that Ferrovial, through its subsidiary Webber, and ACS, through the recently merged Dragados-Flatiron, are among the companies selected to participate in a contract…


Budimex Ferrovial

Ferrovial subsidiary Budimex part of consortium designing and building €332-million main line of Rail Baltica in Estonia

Link Securities | Budimex, the Polish subsidiary of Ferrovial (FER), is part of the consortium that will be responsible for designing and building the main line of Rail Baltica in Estonia, which has an estimated total value of €332 million (approximately 1.4 billion zlotys), according to the Bolsamanía portal. The project includes the design and construction of a 58.08 kilometre railway line from Pärnu to the Latvian border, and was…


Budimex Ferrovial

Ferrovial subsidiary Budimex chosen to build major section of Estonia railway corridor for €900 million

Link Securities | Rail Baltica, the company in charge of building the high-speed line that will connect Estonia, Lithuania and Latvia, has once again chosen Budimex, the Polish subsidiary of Ferrovial (FER), to build another of the major sections of the railway corridor in Estonia, according to the newspaper Expansión. The contract, put out to tender for more than €900 million, was divided into two lots. The joint venture formed…


ferrovial 407

Ferrovial increases stake in ETR to 48% after buying 5% for €1.34 billion

Intermoney | Ferrovial (FER) (Hold, PO €39) announced on Thursday an agreement with AtkinsRéalis, a Canadian engineering firm formerly known as SNC Lavalin Group, for the sale and purchase of 5.06% of the capital of the ETR407 motorway, for the sum of C$2.09 billion, or approximately €1.34 billion. Ferrovial thus increases its stake in ETR to 48.3%. Ferrovial will acquire 3.3% at the closing of the agreement, while the remaining…


Aeropuerto JFK

New JFK terminal -Ferrovial 51% stake- now more than 60% complete, according to planned schedule

Link Securities | Ferrovial’s biggest project currently under construction, the New Terminal 1 (NTO) at JFK airport in New York, is progressing according to schedule and budget, according to the company, as reported today in the newspaper Cinco Días. But as hard as the execution of the work, which is already more than 60% complete, is the commercial task of attracting airlines to an infrastructure intended for international traffic and…


RíoTer

Ferrovial begins refurbishment and extension of Ter drinking water station

Alphavalue / Divacons | The Spanish construction, services and concessions company, and Construcciones Rubau, began work last Friday on the extension and rehabilitation of the Ter drinking water treatment plant (DWTP), one of the largest drinking water treatment plants in Catalonia. The project, commissioned by Ens d’Abastament d’Aigua Ter-Llobregat (ATL), will be carried out by Ferrovial’s water infrastructure subsidiary Cadagua and Rubau’s Arema. The project has a budget of €102…


ferrovial carretera

Ferrovial increases buyback programme to €600 million and extends duration until 30 May 2025

Link Securities | Ferrovial (FER) has announced to the National Securities Market Commission (CNMV) that, in accordance with the authorisation granted by the General Meeting of the company held on 11 April 2024 under agenda item 8, it has agreed (i) to extend the duration of the current Share Buyback Programme until 30 May 2025 (inclusive), and (ii) to increase the maximum amount of investment under the Programme by €300,000,000,…