Ferrovial increased adjusted EBITDA by 37.6% in the first quarter [Yahoo! Finance]
Ferrovial SE - Ordinary Shares (FER)
Company Research
Source: Yahoo! Finance
Revenue increased by 3.5% to $2 billion , driven by Toll Roads and Construction divisions AMSTERDAM May 13, 2024 /PRNewswire/ -- Ferrovial (Nasdaq: FER), a leading global infrastructure company, today announced Q1 results for the first time after being listed simultaneously in Spain the Netherlands and the U.S. Adjusted EBITDA amounted $276 million in the first quarter of 2024, a 37.6% like-for-like growth versus Q1 2023, due to the solid growth of the Toll Roads and Construction divisions. Revenue increased by 3.5% in like-for-like terms to $2 billion in the period. "Once again, the first quarter results reflect the strong performance of our key infrastructure assets, particularly in the United States . Revenues from our Express Lanes grew above inflation and GDP, demonstrating the value we bring to travelers with faster and less congested highways," said Ferrovial CEO Ignacio Madridejos . "Listing on the U.S. stock market gives us access to greater financial resources, enabling
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News
- Frank Raha joins Ferrovial's Cintra to lead U.S. public affairs [Yahoo! Finance]Yahoo! Finance
- Frank Raha joins Ferrovial's Cintra to lead U.S. public affairsPR Newswire
- Ferrovial SE (NASDAQ: FER) is now covered by analysts at Citigroup Inc.. They set a "buy" rating and a $48.00 price target on the stock.MarketBeat
- Ferrovial increased adjusted EBITDA by 37.6% in the first quarterPR Newswire
- Ferrovial Begins Trading on Nasdaq Under Symbol "FER"PR Newswire