FER Stock Recent News

Ferrovial SE. (NASDAQ:FER ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Silvia Ruiz - Investor Relations Director Ignacio del Pino - Corporate Finance Director Ernesto López Mozo - Chief Financial Officer Conference Call Participants Graham Hunt - Jefferies Elodie Rall - JPMorgan Augustin Cendre - Stifel Gregor Kuglitsch - UBS Marcin Wojtal - Bank of America Sathish Sivakumar - Citi Nicolo Pessina - Mediobanca Augustin Cendre - Stifel Silvia Ruiz Good afternoon or good morning, depending on where you are, everybody.

The company reported robust performance in all business areas and growing dividends from infrastructure assets Toll roads in North America experienced strong growth in revenue per transaction, while Heathrow served a record number of passengers Higher profitability in Construction, placing the unit on track for 2024 target AMSTERDAM , Oct. 29, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, reported adjusted EBITDA of $1.1 billion in the first nine months of 2024, a 50% increase year over year in like-for-like terms. Revenue amounted to $7.2 billion in the period, a 6.2% growth on a like-for-like basis.

An open letter from Ferrovial CEO Ignacio Madridejos AUSTIN, Texas , Oct. 15, 2024 /PRNewswire/ -- As Ferrovial celebrates the 10-year anniversary of the TEXpress Lanes in Dallas-Fort Worth, we've been taking some time to reflect on the project, specifically, the impact of express lanes, public-private partnerships, and Ferrovial's integrated model on the rapidly growing city. Texas partnered with the Ferrovial-led consortium to finance, design, build and operate the North Tarrant Express (NTE), which officially opened in 2014.

Adjusted EBITDA increased by 56% and revenue improved 7.5% in like-for-like terms, driven by positive performance in all business areas  Infrastructure assets in North America experienced strong growth in revenue per transaction, while Heathrow served a record-breaking number of passengers  During the period, Ferrovial's shares were listed on Nasdaq and are now traded simultaneously in the Spanish, Dutch and U.S. markets  AMSTERDAM, July 30, 2024 /PRNewswire/ -- Ferrovial (Nasdaq: FER), a leading global infrastructure company, reported a $447 million net profit for the first half of 2024, compared with $123 million in the same period of 2023, driven by strong operating performance across all business areas.  "Ferrovial more than tripled net profit in the first half of the year, an extraordinary result driven by excellent performance across all business units and profitable divestments.

Ferrovial Construction expands leadership team to support next phase of growth AUSTIN, Texas , July 17, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, today announced changes to its construction division's leadership team. Pepe Baraja has been appointed CEO for the U.S. and Canada, reporting to Ferrovial Construction CEO Ignacio Gastón.