Welcome to our dedicated page for Ferrovial SE news (Ticker: FER), a resource for investors and traders seeking the latest updates and insights on Ferrovial SE stock.
Ferrovial SE (FER) shapes global infrastructure through toll roads, airports, construction, and energy solutions across 15+ countries. This news hub delivers official updates and analysis for stakeholders tracking this Madrid-based industry leader.
Access timely press releases, earnings reports, and strategic announcements covering operational milestones, partnership developments, and regulatory updates. Our curated collection serves investors seeking project insights and analysts monitoring long-term infrastructure trends.
Key updates include transportation network expansions, airport management innovations, sustainable energy initiatives, and major construction contracts. Bookmark this page for verified information directly addressing Ferrovial's role in modernizing global connectivity.
Ferrovial held its Shareholders Meeting following a strong 2024 performance, marked by significant asset rotation and its Nasdaq listing debut. The company reported an adjusted EBITDA of €1.3 billion, up 38.9% year-over-year, and revenue of €9.1 billion, growing 6.7% from 2023. Net profit reached €3.2 billion, boosted by strategic divestments.
Key transactions included selling a 19.75% stake in Heathrow Airport for €2 billion and a 5% stake in IRB Infrastructure Developers for €211 million. The company distributed €831 million to shareholders in 2024 and plans to distribute €570 million in 2025, plus an additional share buyback program of up to €500 million.
The company's stock appreciated 23% in 2024, outperforming the IBEX 35. Shareholders approved the re-election of Rafael del Pino as Chairman and executive director, along with several board appointments.
DXC Technology (NYSE: DXC) has launched DXC AI Workbench, a comprehensive generative AI solution combining consulting, engineering, and secure enterprise services. Ferrovial (NASDAQ: FER), a global infrastructure company, is the anchor client implementing this technology across its 24,000-employee operations.
The AI Workbench deployment at Ferrovial features over 30 AI agents making real-time decisions, integrated with their back-office systems including Workday, ServiceNow, and Microsoft Teams on the Azure platform. The implementation aims to optimize field operations, enhance safety measures, manage business knowledge, analyze competition, and assess regulatory impacts.
According to Howard Boville, President of DXC Consulting & Engineering Services, the solution emphasizes secure deployment and regulatory compliance through human oversight and customization. Ferrovial's CIIO Dimitris Bountolos reported improved operational efficiency, reduced risks, and enhanced decision-making capabilities through the implementation.
Ferrovial has announced an agreement to acquire up to a 5.06% stake in 407 ETR from AtkinsRéalis for approximately CAD $2.09 billion. The transaction is structured in two tranches: 3.30% at closing and 1.76% deferred for up to 18 months through a put and call option agreement. This acquisition would increase Ferrovial's ownership in 407 ETR to 48.29%.
The deal is part of a larger transaction where AtkinsRéalis will sell its remaining 1.7% stake to CPP Investments, while PSP Investments will acquire a 7.51% interest from CPP Investments. The transactions are expected to complete in Q2 2025, subject to closing conditions.
407 ETR is a 108-kilometer electronic toll highway in the Greater Toronto Area, serving over three million people weekly. Ferrovial has been a shareholder since 1999, demonstrating long-term commitment to this infrastructure asset.
Ferrovial CEO Ignacio Madridejos released a letter highlighting the company's achievements in 2024 and outlook for 2025. The company reported strong financial performance with adjusted EBITDA of $1.5 billion (up 38.9%) and revenue of $9.9 billion (up 6.7%).
Key developments include:
- Listing on Nasdaq Stock Exchange in May 2024
- 10-year anniversary of North Tarrant Express, generating $20.2 billion economic impact
- Progress on $9 billion New Terminal One at JFK International Airport
- Launch of $72 million solar plant project in Leon County, Texas
- Establishment of new Digital Infrastructure Division
The company aims to expand its infrastructure investments in key U.S. markets including Atlanta, Charlotte, Nashville, and Northern Virginia, focusing on highways, airports, and energy projects.
Ferrovial reported strong financial performance in 2024, with adjusted EBITDA increasing 38.9% to $1.5 billion and revenue growing 6.7% to $9.9 billion year-over-year. Net profit reached $3.5 billion, driven by asset rotation gains.
The company's toll roads division saw 19.6% revenue growth to $1.4 billion, with significant performance in North America. The 407 ETR in Canada experienced 4.8% traffic growth, while U.S. Express Lanes showed solid revenue per transaction increases, with I-66 Express leading at 33.2% growth.
The Construction division achieved a record order book of $17.3 billion, with revenue rising 3.8% to $7.8 billion. The adjusted EBIT margin reached 3.9%, exceeding the 3.5% target. Notable milestones included Ferrovial's Nasdaq listing in May 2024 and maintaining strong liquidity of $5.5 billion with consolidated net debt of -$1.9 billion.
Ferrovial has secured its position in the Dow Jones Sustainability Index (DJSI) World for the 23rd consecutive year, achieving top ranking in the construction and engineering sector in Europe and second place globally. The company's inclusion in this prestigious index, which evaluates over 2,500 publicly traded companies, demonstrates its continued leadership in sustainability practices.
CEO Ignacio Madridejos highlighted the company's commitment to delivering high-value infrastructure that contributes to community well-being and socio-economic growth. Ferrovial's sustainability excellence is further validated by its inclusion in other major indices including CDP, ISS ESG, Moody's, Sustainalytics, and GRESB.
The company's 2030 Sustainability Strategy focuses on environment, community, and governance. Notably, Ferrovial became the first company to receive AENOR certification for strategic alignment with UN Sustainable Development Goals.
Ferrovial has completed the sale of a 19.75% stake in FGP Topco , the parent company of Heathrow Airport Holdings , for approximately 2,000 million euros. The transaction was part of a larger 37.62% stake sale, where Tagging Shareholders sold an additional 17.87%. The total deal value reached GBP 3,259 million (approximately 4,000 million euros).
Following the transaction, Ferrovial retains a 5.25% stake, while Ardian and PIF now hold approximately 22.6% and 15.0% respectively. The company expects to recognize an estimated profit of 2,500 million euros at 2024 year-end, with 2,000 million euros from the sold shares and 500 million euros from the revaluation of the retained stake.
Ferrovial has appointed András Szakonyi as CEO of its Digital Infrastructure Division. The division focuses on the data center market, leveraging over a decade of project experience for industry leaders in Europe and the Americas. Szakonyi brings extensive experience in data centers and sustainable AI cloud solutions, having previously served as global COO at Iron Mountain's data center business. The division aims to identify and develop high-value projects in the digital infrastructure sector. Szakonyi holds an MBA from Corvinus University and is an INSEAD Business School graduate, with prior experience at General Electric and currently serves on Magyar Telekom's Supervisory Board.
Ferrovial reported strong financial performance in the first nine months of 2024, with adjusted EBITDA reaching $1.1 billion, up 50% year-over-year. Revenue grew 6.2% to $7.2 billion. The company's toll roads division saw a 21.9% revenue increase to $996 million, while Construction achieved a record order book of $17.4 billion. Heathrow Airport reached a record 63.1 million passengers. The company maintained a solid financial position with $3.9 billion in liquidity and received $532 million in dividends from North American infrastructure assets.
Ferrovial celebrates the 10-year anniversary of the TEXpress Lanes in Dallas-Fort Worth, a successful public-private partnership (P3) project. The TEXpress Lanes network, including NTE, NTE 35W, and LBJ Express, has significantly improved traffic congestion in the area. Key achievements include:
- 74% of drivers report a positive experience on express lanes
- 65% of drivers spend under $20 per month on tolls
- $20.2 billion economic impact on the region
- 104,500 FTE jobs supported
- $5.9 billion in earned wages
Ferrovial CEO Ignacio Madridejos highlights the company's 20-year track record in delivering complex projects across the U.S., replicating the TEXpress model in North Carolina and Virginia. The company's integrated model and value-oriented approach have resulted in a 12% annual total shareholder return over the past decade.
