Financial Data and Key Metrics Changes - The company reported a net debt position of negative €223 million, excluding infrastructure project companies, which does not include proceeds from the divestment of Hydro [5] - Adjusted EBITDA for the construction segment was €191 million, up 4.2% year-over-year, with an adjusted EBIT margin of 3.5%, in line with long-term targets [18][19] - Operating cash flow was negative €104 million in the first half, compared to negative €53 million in the same period last year, primarily due to a lack of advanced payments [19][24] Business Line Data and Key Metrics Changes - Highways revenues grew by 14.9% in the first half on a like-for-like basis, with adjusted EBITDA improving by 17.1%, driven by strong performance from U.S. assets [7][8] - U.S. Highways represented 88% of total highways revenues and 97% of total adjusted EBITDA, with revenue growth of 15.9% and adjusted EBITDA growth of 14% [8] - The construction segment saw revenues reach €3,453 million, a 2.6% increase year-over-year on a like-for-like basis [18] Market Data and Key Metrics Changes - Traffic improved by 5.8% in the second quarter, driven by targeted rush hour promotions, although adverse weather and construction delays impacted performance [10] - At JFK Airport, the new Terminal 1 project is 72% complete, with construction on schedule and on budget [15] - Dalaman Airport in Turkey experienced a slight traffic decline of 0.3% in the first half, influenced by lower domestic passenger volumes [17] Company Strategy and Development Direction - The company continues to focus on growth investments, divestments, and shareholder distributions, with a healthy pipeline of U.S. highways assets [30] - The strategic horizon plan is being executed, with updates on progress expected [30] - The company is optimistic about future opportunities in Poland, particularly with European funds and potential reconstruction efforts in Ukraine [97] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth prospects of North American assets, driven by increased customer segmentation and local economic growth [30] - The company anticipates limited exposure to inflation and a healthy construction order book [30] - Management noted that the competitive environment for U.S. Managed Lanes remains similar to previous years, with expectations for continued success in upcoming bids [70] Other Important Information - The company completed the acquisition of a 5.06% stake in four zero seven ETR for CAD 1.99 billion, increasing its stake from 43.23% to 48.29% [6] - Dividends from North American highways totaled €240 million in the first half, compared to €339 million in the same period last year [9] - The company issued $1.4 billion in long-term green bonds, completing the refinancing of phase A for the NTO project [16] Q&A Session Summary Question: Insights on revenue growth in I-77 and I-66 - Management attributed revenue growth to economic activity and population growth in metropolitan areas, along with the ability to adjust toll rates based on customer value [37][40] Question: Earnings from ProBio Construction - Management noted that the decline in Q2 earnings was due to additional costs related to utilizations and IT systems, with a long-term EBIT margin target of 3.5% [44] Question: Upstream dividends and shareholder returns - Management indicated that dividends from infrastructure projects are tied to asset performance, with a target of €2.2 billion in dividends for the period 2024-2026 [54] Question: Schedule 22 provision and traffic trends - Management explained that the reduction in the Schedule 22 provision was based on updated traffic data and successful promotions attracting more users during peak times [68][80] Question: ETR dividend factors and capital structure - Management confirmed that there is potential for increased dividends from ETR, with room for adjustments in capital structure for I-66 and I-407 [110]

Ferrovial (FER) Q2 2025 Earnings Call July 30, 2025 09:00 AM ET Speaker0Good afternoon, everybody. This is Sylvia Rith speaking, and I would like to welcome you to Frohael's conference call to discuss the financial results for the 2025. I am joined here today by your CEO, Ignacio Maridejos and our CFO, Ernesto Lopez Motho. Just as a reminder, both the results report and the presentation are available on our website since yesterday evening after The U. S.Market was closed. At the end of the presentation, the ...

1 July 29, 2025 H1 2025 FINANCIAL RESULTS Picture: 407 ETR 2 H1 2025 Financial Results DISCLAIMER This presentation has been produced by Ferrovial SE (the "Company", "we" or "us" and, together with its subsidiaries, the "Group") for the sole purpose expressed herein. By accessing this presentation, you acknowledge that you have read and understood the following statements. Neither this presentation nor any of the information contained herein constitute or form part of, and should not be construed as, an off ...

AMSTERDAM, July 16, 2025 /PRNewswire/ -- Ferrovial (NASDAQ: FER), a leading global infrastructure company, will announce its second quarter and first half 2025 results on Tuesday, July 29, 2025, after the U.S. market closes.The Company will host a conference call at 9:00 a.m. ET on July 30, 2025, led by Ferrovial CEO Ignacio Madridejos, to discuss the company's financial and operating results. The event may be attended via webcast or conference call. Register here or by visiting the Company's Investor Relat ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 3rd:Flotek Industries (FTK) : This company which develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to clients in the energy, consumer industrials and food & beverage industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days.Flotek Industries’ shares gained 10 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Core Viewpoint - The article highlights three stocks with a buy rank and strong income characteristics, focusing on Kaiser Aluminum as a notable investment opportunity due to its recent earnings estimate increase [1] Company Summary - Kaiser Aluminum (KALU) is a leading producer of semi-fabricated specialty aluminum products, catering to global customers with engineered solutions for aerospace, high-strength general engineering, and custom automotive and industrial applications [1] - The Zacks Consensus Estimate for Kaiser Aluminum's current year earnings has increased by 13% over the last 60 days, indicating positive market sentiment and potential for growth [1]

Silvia Ruiz Good afternoon, everybody. This is Silvia Ruiz speaking. And I would like to welcome you to Ferrovial's Conference Call to discuss the Financial Results for the Full Year 2024. I am joined here today by your Chairman, Rafael del Pino; our CEO, Ignacio Madridejos; and by our CFO, Ernesto López Mozo. Just as a reminder, both the results report and the presentation are available on our Web site since yesterday after the US market closed. At the end of the presentation, there will be a Q&A session. ...

2024 TOV ire rial Integrated Annual Report 02 12 mes Tideway Tunnel, London, United Kingdo Consolidated Management Report and Financial Statements The Report MANAGEMENT REPORT The following section and chapters constitute the Management Report in accordance with Article 2:391 of the Dutch Civil Code: The Management Report was prepared by the Board of Directors on February 27, 2025. Remuneration report The Remuneration Report pursuant to article 2:135b of the Dutch Civil Code (and the Dutch Corporate Governa ...