Ferrovial on Friday reported an adjusted EBITDA of €1.3bn in 2024, a 38.9% improve 12 months over 12 months in like-for-like phrases.
Income grew 6.7% to €9.1bn, and web revenue amounted to €3.2bn, because of capital positive aspects from property rotation.
“2024 was a pivotal 12 months for Ferrovial, marked by the beginning of buying and selling on the Nasdaq inventory change. We reported sturdy monetary outcomes, supported by a strong efficiency throughout enterprise items. Our infrastructure property in North America continued rising considerably, delivering sturdy dividends. As well as, the development enterprise improved profitability, surpassing the goal for the 12 months and reporting a document order e book,” mentioned Ignacio Madridejos, Ferrovial CEO.
“Trying forward, we see a lovely pipeline of property in North America, the place Ferrovial is properly positioned to proceed to develop complicated, important infrastructure initiatives that drive progress and enhance the connectivity of a fast-moving world.”
The corporate is concentrating on North America for progress. It was shortlisted for bidding on the I-285 East Categorical Lanes in Atlanta and has submitted the Request for qualification (RFQ) for the I-24 Southeast Selection Lanes mission in Tennessee.
It mentioned it foresees further potential alternatives in Nashville, Atlanta, Charlotte and Alexandria.
Throughout the 12 months, the corporate acquired €947m in dividends from infrastructure property and registered the proceeds from the divestments in Heathrow (€2bn) and IRB Infrastructure Builders (€211m), in addition to the seller mortgage in relation to the Amey divestment (€176m).
These inflows have been allotted to progress investments, together with the acquisition of 24% of IRB Infrastructure Belief and fairness injections in JFK’s New Terminal One, in addition to to shareholders distributions and share buybacks.
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