Ferrovial increased adjusted EBITDA by 37.6% in the first quarter
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Express Lanes inNorth America saw a significant increase in traffic, whileHeathrow Airport surpassed its all-time passenger record - Revenue increased by 3.5% to
$2 billion , driven by Toll Roads and Construction divisions
"Once again, the first quarter results reflect the strong performance of our key infrastructure assets, particularly in
Milestones in the first quarter include the agreement to acquire a 24% stake in
Operating results
The Toll Roads division saw revenue increase by 30.1% in like-for-like terms to
Traffic grew 7.1% on the 407 ETR in
The Construction division ended the quarter with a record order book of
The Airports division registered a strong growth in traffic in the period. Specifically,
Webcast and conference call information
About Ferrovial
(million dollars) |
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Change1/3 |
Revenue |
2.040 |
1,960 |
3.5 % |
Adjusted EBITDA3 |
276 |
205 |
37.6 % |
Adjusted EBIT3 |
165 |
102 |
63.2 % |
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Consolidated net debt3 |
7,051 |
6,461 |
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Net debt, excluding infrastructure projects3 |
-720 |
-1,210 |
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Change2 |
Construction order book1/3 |
16,606 |
16,378 |
0.3 % |
1 In like-for-like terms |
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2 In like-for-like terms, vs December 2023 |
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3 Non-IFR financial measure. For the definition and reconciliation to the most directly comparable IFRS measure, refer to the Alternative Performance Measures appendix of the Q12024 results report |
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*The company reports its results in euros. The figures in this press release have been converted to USD using the closing exchange rate on |
Press Contacts
+1 512 568 5015
rrountree@ferrovial.com
+34 660528832
mimunoz@ferrovial.com
Investor Relations
+34 91 586 25 65 (
+31 20 798 3724 (
ir@ferrovial.com
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