407 International Inc. has announced its first quarter results, showing revenues of $260.7 million for the first quarter of 2017, compared to $225.3 million for the same period of 2016.
407 International First Quarter Results
Earnings before interest, taxes, depreciation and amortization ("EBITDA") totalled
$220.5 million in the company's first quarter results, as compared with
$187.6 million for the same period of 2016. The Company reported net income of
$87.4 million for the first quarter of 2017 as compared with
$64.6 for the same period of 2016.
The Board of Directors declared an eligible dividend of $0.268 per common share, payable on or about April 20, 2017 to shareholders of record on April 20, 2017.
407 International Inc. is owned by
Cintra Global Holding Limited, a wholly owned subsidiary of
Ferrovial S. A. (43.23%), by indirectly owned subsidiaries of
Canada Pension Plan Investment Board (total 40%), and by
SNC-Lavalin (16.77%).
About 407 International Inc.
407 International Inc. is owned by
Cintra Global Holding Limited, a wholly owned subsidiary of
Ferrovial S. A. (43.23%), by indirectly owned subsidiaries of
Canada Pension Plan Investment Board (total 40%), and by
SNC-Lavalin (16.77%).
For more information about the 407 ETR highway, visit
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