- Reuters
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This division targets the high-growth data center market, building on a decade of successful projects for industry leaders AMSTERDAM, Nov. 14, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, announces the appointment of András Szakonyi as CEO of Digital Infrastructure. Szakonyi brings deep sector expertise, both in data centers and sustainable AI cloud solutions. As divisional CEO, he will strengthen and expand Ferrovial's presence in a growing sector where it has been developing projects for multinational leaders for more than 10 years in Europe and the Americas.
The company reported robust performance in all business areas and growing dividends from infrastructure assets Toll roads in North America experienced strong growth in revenue per transaction, while Heathrow served a record number of passengersHigher profitability in Construction, placing the unit on track for 2024 targetAMSTERDAM, Oct. 29, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, reported adjusted EBITDA of $1.1 billion in the first nine months of 2024, a 50% increase year over year in like-for-like terms. Revenue amounted to $7.2 billion in the period, a 6.2% growth on a like-for-like basis.
An open letter from Ferrovial CEO Ignacio Madridejos AUSTIN, Texas, Oct. 15, 2024 /PRNewswire/ -- As Ferrovial celebrates the 10-year anniversary of the TEXpress Lanes in Dallas-Fort Worth, we've been taking some time to reflect on the project, specifically, the impact of express lanes, public-private partnerships, and Ferrovial's integrated model on the rapidly growing city. Texas partnered with the Ferrovial-led consortium to finance, design, build and operate the North Tarrant Express (NTE), which officially opened in 2014. The success of the project led to the development
6-K - Ferrovial SE (0001468522) (Filer)
6-K - Ferrovial SE (0001468522) (Filer)
6-K - Ferrovial SE (0001468522) (Filer)
SC 13G - Ferrovial SE (0001468522) (Subject)
SC 13G - Ferrovial SE (0001468522) (Subject)
- Reuters
Ferrovial SE (NASDAQ:FER) shares are trading lower after the company divested a 5% stake in Indian firm IRB Infrastructure Developers (IRB) through its subsidiary Cintra. The transaction amounted to EUR214 million, based on a EUR/INR exchange rate of 89.72. The sale was conducted as a block deal or placement of 301.9 million shares with institutional investors on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) at an average price of INR63.60. The estimated pre-tax capital gain from this transaction amounts to EUR130 million. This move aligns with Ferrovial’s strategy in India, complementing its recent acquisition of a 24% stake in IRB Infrastructure Trust an
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Wednesday. Shares of Mama’s Creations Inc (NASDAQ:MAMA) fell in today's pre-market trading following first-quarter results. Mama's Creations posted downbeat earnings for its first quarter, while sales topped estimates. Mama’s Creations shares declined 3% to $6.97 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. U-BX Technology Ltd. (NASDAQ:UBXG) shares dipped 15.4% to $9.83 in pre-market trading after jumping 21% on Tuesday. Ferrovial SE (NASDAQ:FER) shares declined 5.8% to $38.99 in pre-market trading after gaining 5% on
This division targets the high-growth data center market, building on a decade of successful projects for industry leaders AMSTERDAM, Nov. 14, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, announces the appointment of András Szakonyi as CEO of Digital Infrastructure. Szakonyi brings deep sector expertise, both in data centers and sustainable AI cloud solutions. As divisional CEO, he will strengthen and expand Ferrovial's presence in a growing sector where it has been developing projects for multinational leaders for more than 10 years in Europe and the Americas.
Ferrovial Construction expands leadership team to support next phase of growth AUSTIN, Texas, July 17, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, today announced changes to its construction division's leadership team. Pepe Baraja has been appointed CEO for the U.S. and Canada, reporting to Ferrovial Construction CEO Ignacio Gastón. Baraja replaces Angel Luis Sanchez, who was promoted to serve a global role as Major Projects and Operations Director. Ferrovial's construction division is a key pillar in its value creation, providing end-to-end techni
Raha brings federal, state and local government relations expertise as efforts to expand into new U.S. geographies intensify AUSTIN, Texas, June 3, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, today announced the appointment of Frank Raha III as U.S. vice president of corporate affairs for Cintra, its highway business. Ferrovial's Cintra develops and operates express lanes across the U.S., providing road transportation infrastructure for communities as their populations grow. Raha oversees all government relations activities and engagements on behalf of the company, providing counsel and recommendations to U.S. corporate and concession leadership, as well as strat
The company reported robust performance in all business areas and growing dividends from infrastructure assets Toll roads in North America experienced strong growth in revenue per transaction, while Heathrow served a record number of passengersHigher profitability in Construction, placing the unit on track for 2024 targetAMSTERDAM, Oct. 29, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, reported adjusted EBITDA of $1.1 billion in the first nine months of 2024, a 50% increase year over year in like-for-like terms. Revenue amounted to $7.2 billion in the period, a 6.2% growth on a like-for-like basis.
Adjusted EBITDA increased by 56% and revenue improved 7.5% in like-for-like terms, driven by positive performance in all business areas Infrastructure assets in North America experienced strong growth in revenue per transaction, while Heathrow served a record-breaking number of passengers During the period, Ferrovial's shares were listed on Nasdaq and are now traded simultaneously in the Spanish, Dutch and U.S. markets AMSTERDAM, July 30, 2024 /PRNewswire/ -- Ferrovial (NASDAQ:FER), a leading global infrastructure company, reported a $447 million net profit for the first half of 2024, compared with $123 million in the same period of 2023, driven by strong operating performance across all bus