Ferrovial

ferrovial

Ferrovial’s EBITDA increases 9% to €1.457 billion, thanks to construction business and despite moderating trend in toll roads

Intermoney | Ferrovial (Hold, Target Price €43/share) announced its results for December 25 on Wednesday after the close of trading in New York, and will hold a conference call and webcast 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 9% to €1.457 billion in 2025, well above our estimate (€1.387 billion), in what was…


ferrovial autopista407

Highway 407-ETR, 48% owned by Ferrovial, posts €502 million profit, up 17%

Link Securities | The 407-ETR motorway (Canada), one of the world’s largest concession assets and 48% owned by Ferrovial (FER), posted a profit of CA$810 million (around €502 million), representing year-on-year growth of 17%, according to Expansión. The increase in profit is mainly due to a 5.7% rise in traffic, which is now 3.5% higher than pre-pandemic levels, with revenue per trip up 7% due to higher tolls.


Ferrovial construcción

Ferrovial acquires 368,000 shares for €20 million as part of buyback programme

Link Securities | Leading Spanish infrastructure company Ferrovial (FER) has notified the National Securities Market Commission (CNMV) that, as part of its New Share Buyback Programme, from its inception until 24 December 2025 inclusive, the company has acquired a total of 368,000 shares for a total amount of €20,821,790.73. It should be noted that the new Buyback Programme has a limit of €800 million and that, under no circumstances, may…


Ferrovial

Ferrovial to begin trading on Nasdaq 100 on 22 December

Intermoney | Ferrovial (FER) (Hold, Target Price €43/share) announced on Friday after the market closed that it would be included in the Nasdaq-100 index, after a year and a half of trading on Wall Street. This move will take effect before the market opens on Monday, 22 December. Assessment: Ferrovial’s inclusion in the Nasdaq-100 index is, in a way, the culmination of the announcement made in November 2023, which initiated…


Ferrovial

Ferrovial issues €400 million in non-dilutive convertible bonds with cash settlement at 5.5 years and 0.75% annual interest rate

Link Securities | The company announced yesterday the successful placement of non-dilutive convertible bonds with cash settlement for an amount of €400 million, maturing in 5.5 years, until 20 May 2031. The Bonds will bear a fixed annual interest rate of 0.75%, payable semi-annually in arrears on 20 May and 20 November of each year, commencing on 20 May 2026. The Bonds will be issued at par on or around…


autopista sh288 acs

Major Spanish construction companies form consortiums to bid for macro-contract to expand and operate I-77 South motorway (North Carolina)

Link Securities | Acciona, ACS, FCC, Ferrovial and Sacyr are preparing their bids for a new macro-road project in the US, according to an article in elEconomista.es. They are finalising their alliances to submit their credentials in mid-December in the tender for the expansion and subsequent operation, using a managed lanes model, of the I-77 South motorway in North Carolina. The project will require an estimated investment of between $3.2…


ferrovial

Ferrovial’s revenues rise by 4% as of September, exceeding €6,911 million

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…


Ferrovial construcción

Ferrovial acquires Spanish telecommunications and systems company Powernet to consolidate data centre construction business

Link Securities | Ferrovial has acquired the Spanish telecommunications and systems engineering company Powernet, which will enable it to strengthen its data centre design, development, operation and maintenance capabilities within the Construction area, according to the digital portal Bolsamania.com. Powernet is active in the design, installation, maintenance and operation of data centres. In addition, it offers information systems and telecommunications solutions, providing communications, systems and network management services. Ferrovial has…


Budimex Ferrovial

Ferrovial obtains highest overall rating in public tender launched by Polish railway network administrator

Link Securities | Ferrovial (FER), in consortium with its Polish subsidiary Budimex, has obtained the highest overall rating in the public tender launched by Poland’s public railway network administrator (PKP) to build a new line for €610 million. The consortium is 80% owned by Budimex and 20% by Ferrovial, according to Expansión newspaper. Meanwhile, Ferrovial announced to the CNMV (National Securities Market Commission) an interim dividend totalling €342 million, payable…


Budimex Ferrovial

Ferrovial, Acciona and ACS to build Poland’s first nuclear power plant, €50 billion investment

Norbolsa | Ferrovial, Acciona and ACS have been accredited to participate in the construction of Poland’s first nuclear power plant, the largest energy infrastructure project in Europe, involving investments of €50 billion. The project, led by Westinghouse Electric, aims to build three reactors in Pomerania and positions Poland as a new nuclear player in Eastern Europe. Ferrovial, through its subsidiary Budimex, was one of the first companies accredited by Westinghouse…