The Drive TN consortium, led by Ferrovial, has been awarded the development of the express lanes on the I-24 Southeast highway in the Nashville metropolitan area (Tennessee). The project involves a total investment of $9.2 billion (around €7.88 billion). The project will cover a 42-kilometer section in both directions of the I-24 highway, running from the I-40 in eastern Nashville to the I-840 near Murfreesboro, one of the region’s most…

Report by Link Securities With reference to the announcement of 7 May 2026 in which the construction, services and concessions company announced a flexible dividend (scrip dividend) totalling €400 million, Ferrovial announces that the cash dividend amounts to €0.5578 per share. As stated in the announcement of 7 May 2026, the dividend will be payable in shares or in cash at the discretion of Ferrovial shareholders. If no choice is…

By Intermoney Ferrovial (Hold, Target Price €45) has published its Q1 results following the close of trading in New York, and will hold a conference call today at 3pm, which can be accessed via this link. The key figures, alongside our estimates, are shown in the attached table. Overall, EBITDA rose by 4% to €321m in Q1, slightly above Intermoney’s estimate (€317m), in what was a period of moderated growth…

Link Securities | Ferrovial (FER) announced at its Annual General Meeting held on Thursday in Amsterdam that it will continue to grow in the United States, thanks to a record-breaking portfolio, expects to pay out €1 billion in dividends annually (€626 million in 2025) and will focus on the rotation of mature assets to finance future growth opportunities, according to a report in the newspaper Expansión on Friday. Ferrovial also…

Link Securities | The Spanish construction company informed the National Securities Market Commission (CNMV) that, via a market announcement on 11 March 2026, it had announced the pricing of a €500 million bond issue maturing on 18 September 2032. Further to the previous information, Ferrovial announces that, as of yesterday, the Bonds have been subscribed and paid for by investors. The Bonds have been admitted to trading on the regulated…

Link Securities | Budimex, the listed Polish subsidiary controlled by Ferrovial (FER), has informed the market that local authorities have cancelled the award of a contract awarded to the group in December worth over 1 billion zlotys (around €235 million), Expansión newspaper reports in its edition today. The contracting body, PKP Polskie Linie Kolejowe, will review and re-evaluate the bids submitted in the tender for the design and construction of…

Alphavalue/ Divacons | The Spanish construction, services and concessions company, through its Construction division and its Polish subsidiary Budimex, announced that it has been awarded a contract to build two sections of the new Podłęże–Piekiełk railway line in Poland. The project has a budget of PLN 2.58 billion (approximately €604 million) and is considered one of the most complex civil engineering works in the country’s railway network due to the…