Ferrovial holds Shareholders Meeting after a year of strong operating performance and asset rotation
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.
Ferrovial ha tenuto la sua Assemblea degli Azionisti dopo un 2024 di forte crescita, caratterizzato da una significativa rotazione degli asset e dal debutto alla quotazione sul Nasdaq. La società ha riportato un EBITDA rettificato di 1,3 miliardi di euro, in aumento del 38,9% rispetto all'anno precedente, e ricavi per 9,1 miliardi di euro, con una crescita del 6,7% rispetto al 2023. L'utile netto ha raggiunto i 3,2 miliardi di euro, sostenuto da dismissioni strategiche.
Le principali operazioni hanno incluso la vendita del 19,75% di Heathrow Airport per 2 miliardi di euro e del 5% di IRB Infrastructure Developers per 211 milioni di euro. La società ha distribuito 831 milioni di euro agli azionisti nel 2024 e prevede di distribuirne 570 milioni nel 2025, oltre a un programma aggiuntivo di riacquisto di azioni fino a 500 milioni di euro.
Il titolo ha registrato un apprezzamento del 23% nel 2024, sovraperformando l'IBEX 35. Gli azionisti hanno approvato la rielezione di Rafael del Pino come Presidente e direttore esecutivo, insieme a diverse nomine nel consiglio di amministrazione.
Ferrovial celebró su Junta de Accionistas tras un sólido desempeño en 2024, marcado por una significativa rotación de activos y su debut en la cotización del Nasdaq. La compañía reportó un EBITDA ajustado de 1.300 millones de euros, un aumento del 38,9% interanual, y unos ingresos de 9.100 millones de euros, creciendo un 6,7% respecto a 2023. El beneficio neto alcanzó los 3.200 millones de euros, impulsado por desinversiones estratégicas.
Las transacciones clave incluyeron la venta del 19,75% en Heathrow Airport por 2.000 millones de euros y el 5% en IRB Infrastructure Developers por 211 millones de euros. La compañía distribuyó 831 millones de euros a los accionistas en 2024 y planea distribuir 570 millones en 2025, además de un programa adicional de recompra de acciones de hasta 500 millones de euros.
Las acciones de la compañía se apreciaron un 23% en 2024, superando al IBEX 35. Los accionistas aprobaron la reelección de Rafael del Pino como Presidente y director ejecutivo, junto con varios nombramientos en el consejo de administración.
페로비알(Ferrovial)은 2024년 강력한 실적과 자산 회전 및 나스닥 상장 데뷔를 기념하여 주주총회를 개최했습니다. 회사는 조정 EBITDA 13억 유로를 보고했으며, 전년 대비 38.9% 증가했고, 매출은 91억 유로로 2023년 대비 6.7% 성장했습니다. 순이익은 전략적 자산 매각 덕분에 32억 유로에 달했습니다.
주요 거래로는 히드로 공항 지분 19.75%를 20억 유로에, IRB 인프라스트럭처 개발사 지분 5%를 2억 1,100만 유로에 매각한 것이 포함됩니다. 회사는 2024년에 주주들에게 8억 3,100만 유로를 배당했으며, 2025년에는 5억 7,000만 유로를 배당할 계획이고, 최대 5억 유로 규모의 자사주 매입 프로그램도 예정되어 있습니다.
회사의 주가는 2024년에 23% 상승하며 IBEX 35를 능가했습니다. 주주들은 라파엘 델 피노를 회장 겸 집행이사로 재선임하고 여러 이사회 임명을 승인했습니다.
Ferrovial a tenu son Assemblée Générale des Actionnaires suite à une solide performance en 2024, marquée par une rotation significative des actifs et son introduction en bourse sur le Nasdaq. La société a annoncé un EBITDA ajusté de 1,3 milliard d'euros, en hausse de 38,9 % sur un an, et un chiffre d'affaires de 9,1 milliards d'euros, en croissance de 6,7 % par rapport à 2023. Le bénéfice net a atteint 3,2 milliards d'euros, soutenu par des cessions stratégiques.
Les opérations clés comprenaient la vente de 19,75 % de Heathrow Airport pour 2 milliards d'euros et de 5 % d'IRB Infrastructure Developers pour 211 millions d'euros. La société a distribué 831 millions d'euros aux actionnaires en 2024 et prévoit de distribuer 570 millions en 2025, ainsi qu'un programme supplémentaire de rachat d'actions pouvant atteindre 500 millions d'euros.
L'action de la société a progressé de 23 % en 2024, surperformant l'IBEX 35. Les actionnaires ont approuvé la réélection de Rafael del Pino en tant que Président et directeur exécutif, ainsi que plusieurs nominations au conseil d'administration.
Ferrovial hielt seine Hauptversammlung nach einer starken Performance im Jahr 2024 ab, geprägt von bedeutender Asset-Rotation und dem Nasdaq-Börsengang. Das Unternehmen meldete ein bereinigtes EBITDA von 1,3 Milliarden Euro, ein Plus von 38,9 % im Jahresvergleich, sowie einen Umsatz von 9,1 Milliarden Euro, was einem Wachstum von 6,7 % gegenüber 2023 entspricht. Der Nettogewinn erreichte 3,2 Milliarden Euro, gestützt durch strategische Veräußerungen.
Wesentliche Transaktionen umfassten den Verkauf eines 19,75%-Anteils am Flughafen Heathrow für 2 Milliarden Euro sowie eines 5%-Anteils an IRB Infrastructure Developers für 211 Millionen Euro. Das Unternehmen schüttete 2024 831 Millionen Euro an die Aktionäre aus und plant für 2025 Ausschüttungen von 570 Millionen Euro sowie ein zusätzliches Aktienrückkaufprogramm von bis zu 500 Millionen Euro.
Die Aktie stieg 2024 um 23 % und übertraf damit den IBEX 35. Die Aktionäre genehmigten die Wiederwahl von Rafael del Pino als Vorsitzenden und geschäftsführenden Direktor sowie mehrere Aufsichtsratsbestellungen.
- Strong EBITDA growth of 38.9% to €1.3 billion
- Revenue increased 6.7% to €9.1 billion
- Significant net profit of €3.2 billion from asset sales
- Stock appreciated 23% in 2024, outperforming IBEX 35
- Construction business achieved record order book with 3.9% EBIT margin
- Substantial shareholder returns: €831 million distributed in 2024
- New Terminal One at JFK reached 60% completion
- Reduced stake in key assets through divestments (Heathrow Airport, IRB Infrastructure)
- Lower planned shareholder distribution for 2025 (€570M vs €831M in 2024)
Insights
Ferrovial delivers exceptional financial growth with 38.9% EBITDA increase, strategic asset rotation generating €3.2B profit, and substantial shareholder returns.
Ferrovial's 2024 performance demonstrates remarkable financial strength with adjusted EBITDA reaching
The company executed an aggressive asset rotation strategy, completing several significant transactions:
- Sale of
19.75% stake in Heathrow Airport for€2 billion - Divestiture of
5% stake in IRB Infrastructure Developers for€211 million - Announced agreement to sell
50% stake in AGS Airports
Simultaneously, Ferrovial recycled capital into growth-oriented investments, primarily in North America:
- Acquired
24% stake in IRB Infrastructure Trust for€710 million - Invested
€469 million equity in New Terminal One at JFK Airport
The Construction division delivered improved profitability with an adjusted EBIT margin of
Shareholder returns have been substantial, with
Ferrovial's share price appreciated
The shareholders approved the re-election of Rafael del Pino, Chairman of the Board of Directors, as executive director, and of Óscar Fanjul, Vice-Chairman of the Board, as non-executive director
"2024 has been an important year for Ferrovial. In May, our shares started trading on Nasdaq. This is another step in our internationalization process and shows our commitment to investing in
Del Pino highlighted the solid performance of all business divisions. In Highways, managed lanes in
Ferrovial ended 2024 with an adjusted EBITDA of
During the period, Ferrovial closed the divestment of a
Shareholders distributions
Ferrovial shares ended 2024 at 40.60€, having appreciated
The company distributed
Focus on growth in
Ignacio Madridejos, Ferrovial's CEO, explained some of the highlights allowing the company to record a remarkable year. In Highways, all assets in
In 2024, Ferrovial closed Horizon 24 and kicked off the new strategic plan. Madridejos highlighted the priorities for the coming years during his speech to the Shareholders Meeting, with a focus on sustainable growth and value creation for all the stakeholders: "Our priority is growth in
During the year, Ferrovial cemented its lead in sustainability, being recognized as
Meeting resolutions
The Shareholders Meeting approved the re-election of Rafael del Pino, Chairman of the Board of Directors, as executive director, as well as the re-appointments of Óscar Fanjul, Vice-chairman of the Board, María del Pino, José Fernando Sánchez-Junco, Bruno Di Leo, Hildegard Wortmann and Alicia Reyes, as non-executive directors.
In addition to the 2024 annual accounts, the shareholders approved the issue of new shares for general corporate purposes and for the purpose of implementing one or more flexible dividends in similar terms to the previous year, the buyback of shares, and the appointment of PricewaterhouseCoopers (PwC) as external auditor and assurance provider for sustainability information, both for the period 2025-2027.
The Shareholders Meeting also approved a new Directors' Remuneration Policy and gave a favorable advisory vote on the remuneration report and Ferrovial's Climate Strategy Report.
About Ferrovial
Ferrovial is one of the world's leading infrastructure companies. The Company operates in more than 15 countries and has a workforce of over 25,000 worldwide. Ferrovial is triple listed on Euronext Amsterdam, the Spanish Stock Exchanges and Nasdaq and is a member of
View original content to download multimedia:https://www.prnewswire.com/news-releases/ferrovial-holds-shareholders-meeting-after-a-year-of-strong-operating-performance-and-asset-rotation-302437588.html
SOURCE Ferrovial
FAQ
What was Ferrovial's financial performance in 2024?
How much will Ferrovial distribute to shareholders in 2025?
What major asset sales did Ferrovial complete in 2024?
How did Ferrovial's stock perform in 2024?
What are Ferrovial's sustainability targets for 2030?
