{"id":133107,"date":"2025-05-13T22:08:37","date_gmt":"2025-05-13T20:08:37","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/press-releases\/ferrovial-starts-2025-with-solid-results\/"},"modified":"2025-12-22T13:40:52","modified_gmt":"2025-12-22T12:40:52","slug":"ferrovial-starts-2025-with-solid-results","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en-gb\/press-releases\/ferrovial-starts-2025-with-solid-results\/","title":{"rendered":"Ferrovial starts 2025 with solid results"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>Ferrovial, a leading global infrastructure company, delivered significant growth in the first quarter of 2025, boosted by strong performance in all business divisions. \u00a0Both revenue and adjusted EBITDA increased, mainly driven by U.S. highways.<\/p>\n<p>\u201cWe saw strong revenue growth across our North American assets during the first quarter, driven by robust underlying activity in the regions where these assets are located. We deliver the connectivity our customers demand. Our Construction division reported a healthy order book, with anticipated limited exposure to macroeconomic uncertainty,\u201d said Ignacio Madridejos, Ferrovial CEO.<\/p>\n<p>Adjusted EBITDA amounted to \u20ac309 million in the first quarter of 2025, a 19.1% increase year over year in like-for-like terms, while revenue totaled \u20ac2.1 billion, a 7.4% growth in like-for-like terms, boosted by substantial growth across the board.<\/p>\n<p>Ferrovial closed the first quarter with a solid financial position, with liquidity of \u20ac5.3 billion and consolidated net debt of -\u20ac1.8 billion, excluding infrastructure projects in both cases. During this period, the company completed the sale of a 50% stake in AGS Airports for \u20ac538 million and received \u20ac19 million in dividends from projects<strong>. <\/strong>Ferrovial allocated \u20ac156 million to shareholder distributions and \u20ac152 million to equity injections in the New Terminal One (NTO) at JFK International Airport.<\/p>\n<h2>Operating results<\/h2>\n<p>The <strong>Highways<\/strong> division\u2019s revenue grew 14.1% in like-for-like terms to \u20ac324 million, driven by solid growth in North America. U.S. Express Lanes posted robust revenue per transaction growth, significantly outpacing inflation. However, the traffic was impacted by weather conditions and the calendar effect.<\/p>\n<p>In Canada, the 407 ETR showed outstanding performance during the first quarter, with double-digit EBITDA growth, despite adverse weather conditions and the leap year effect in 2024. 407 ETR approved a CAD 200 million dividend to be paid in the second quarter, 14.3% higher than last year\u2019s dividend in the same period.<\/p>\n<p>The <strong>Construction<\/strong> division reached a 3.3% adjusted EBIT margin, continuing the positive trend from previous quarters and showing a significant improvement compared to last year&#8217;s performance. Order book reached an all-time high of \u20ac17.2 billion. North America accounted for 45%, Poland 24% and Spain 14%.<\/p>\n<p>In the <strong>Airports<\/strong> division, the New Terminal One at JFK International Airport progressed as planned, with construction advancing by 6% in the first quarter. As of today, NTO has reached 18 airline agreements with 13 executed contracts and five letters of intention.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Conference call information<\/strong><\/h2>\n<p>Ferrovial will host a conference call on May 14 at 15:00 CEST \/ 9:00 a.m. EDT to discuss Q1 financial results. To access the earnings call, click <a href=\"https:\/\/www.ferrovial.com\/en\/ir-shareholders\/financial-information\/quarterly-financial-information\/\">here<\/a> or visit\u00a0 <a href=\"https:\/\/ferrovial.com\/ir-shareholders\">https:\/\/ferrovial.com\/ir-shareholders<\/a><\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":133090,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[2641,2741],"nivel-5":[2662],"nivel-1":[],"nivel-3":[3125],"nivel-4":[3126],"class_list":["post-133107","press_release","type-press_release","status-publish","has-post-thumbnail","hentry","nivel-2-corporate-en-gb","nivel-2-results-en-gb","nivel-5-ferrovial-en-gb","nivel-3-netherlands-en-gb","nivel-4-amsterdam-en-gb"],"acf":[],"yoast_head":"<title>Ferrovial starts 2025 with solid results Sala de prensa Ferrovial | \u00daltimas noticias<\/title>\n<meta name=\"description\" content=\"Ferrovial, a 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