Ferrovial posts transcript of Q1 2026 earnings call
- Ferrovial’s Q1 2026 earnings call drew CFO Ernesto López Mozo, IR head Silvia Ruiz, analysts from UBS, JPMorgan, Citi, BofA.
- Like-for-like revenue rose 10.2%; adjusted EBITDA increased 15%; net debt excluding infrastructure projects stayed negative at EUR 1.2 billion net cash.
- 407 ETR traffic increased 8.2%; revenue climbed 20%; EBITDA rose 25.4%; board set a CAD 500 million dividend for Q2 2026.
- Texas managed lanes posted double-digit revenue per transaction gains; CFO cited better heavy-vehicle identification tech, stronger commercial mix, more mandatory-mode events.
- JFK Terminal 1 reached 87% construction progress; contractor targets first-phase completion in fall 2026; 30 airline commitments secured; equity invested EUR 978 million.
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