The figure for earnings before interest, taxes, depreciation and amortisation (EBITDA) represents an 89% increase in like-for-like terms on the €136m reported in the same period of 2020. Revenue increased by 6.3% in like-for-like terms to €2.965bn due to growth in its construction and toll roads businesses.
The period’s figures were impacted by the restrictions on air traffic. Between January and June, the company booked a net loss of €177m, down from €384m in the same period of last year.
Between January and June, Ferrovial collected €65m in dividends from projects in which it is invested, including €48m from two of its US managed lanes projects in Texas.
The construction backlog amounted to €9,724m; that figure does not include recently awarded major projects such as Sydney Metro and the I-35 in San Antonio. The services backlog stands at €12,836m.
The main new contracts obtained in the period include two in the USA – the I-35 expansion in San Antonio, Texas, worth US$1.5bn, and the US$229m contract to upgrade a section of I-16/I-75 in Macon, Georgia….
