Ferrovial has been named best European Company in Investor Relations activity within the “industrial” sector, which includes companies from sectors as diverse as airspace (Airbus), construction (Vinci), logistics (Deutsche Post), engineering (Siemens), airports (Fraport), construction materials (Holcim), and others.
The award was given by the prestigious IR Magazine at the IR Magazine Awards-Europe 2015, held in London on 30 June.
This recognition was the result of the votes cast by 791 investors and analysts (buy and sell side) from 26 countries. In total, 516 companies categorised across 9 sectors and covering a range of market capitalisation, were included in the IR Magazine list.
Furthermore, Ferrovial came fifteenth in IR Magazine’s overall European ranking, being the only Spanish company from the sector to be ranked in the top 50 European companies.
Within the domestic classification, Ferrovial occupies the second place in Spain, only behind Iberdrola, and ahead of Santander, Repsol, Enagás, Amadeus and Telefónica.
How are the winners selected?
The winners are chosen following exhaustive analysis carried out by IR Magazine, through surveys carried out with the companies, analysts and portfolio managers, where the main criteria are:
- Investor Relations team (knowledge, accessibility, and quality of responses).
- Quality of meetings.
- Use of Technology (quality of website, webcasts, Apps, videoconferencing and use of social networking).
- Corporate governance (composition of board, protection of minority shareholder and Management remuneration).
- Best financial reporting (annual reports, three-monthly results).
- Progress in IR.
This mechanism works through a series of filters that ends up with a short-list of the five best companies from each sector. In the final of the Industrial sector, Ferrovial came up against Atlas Copco (Sweden), Deutsche Post (Germany) and Dürr (Germany).
Ferrovial won that same award previously, in 2011 and 2012, but in the transport infrastructure sector, in which it was competing against a lower number of companies, and it is as such that the award the company has won this year is particularly important and satisfying.