{"id":986048,"date":"2026-07-28T17:28:18","date_gmt":"2026-07-28T21:28:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/"},"modified":"2026-07-28T17:28:18","modified_gmt":"2026-07-28T21:28:18","slug":"ferrovial-reports-strong-h1-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/","title":{"rendered":"Ferrovial reports strong H1 2026 results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>Highways in North America showed\u00a0robust\u00a0revenue growth\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Construction profitability remained\u00a0in line with\u00a0the\u00a0company&#8217;s long-term target,\u00a0supported by\u00a0a healthy\u00a0order book<sup>1<\/sup>\u00a0<\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\">AMSTERDAM<\/span>, <span class=\"legendSpanClass\">July 28, 2026<\/span> \/PRNewswire\/ &#8212; Ferrovial, a leading global infrastructure company, delivered strong results in the first half of the year 2026, boosted by solid growth in the Construction and Highways business units. Revenues and adjusted EBITDA<sup>1<\/sup>\u00a0reported double-digit growth,\u00a0mainly driven\u00a0by U.S. highways&#8217;\u00a0performance.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS1549413\/FER-BR-FERROVIAL-MAIN-RGB-Logo-Logo.jpg?id=OA2798555\" title=\"Ferrovial\" alt=\"Ferrovial\" \/>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;Ferrovial delivered an exceptional first half of 2026, driven by strong performance across our North American assets.\u00a0Our Construction\u00a0division\u00a0also achieved a record order book<sup>1<\/sup>. Looking ahead, we see significant opportunities in complex greenfield projects and the growing momentum for P3 developments in the U.S., and\u00a0we&#8217;re\u00a0confident in our ability to continue generating long-term value,&#8221; said Ignacio Madridejos, Ferrovial CEO.\u00a0<\/p>\n<p>Adjusted EBITDA<sup>1<\/sup>\u00a0reached\u00a0\u20ac746\u00a0million in the first half of 2026,\u00a0a\u00a021.6% increase year over year\u00a0on\u00a0a\u00a0like-for-like<sup>1<\/sup>\u00a0basis,\u00a0while revenue totaled \u20ac4.7\u00a0billion,\u00a0an 11.3%\u00a0increase\u00a0on\u00a0a\u00a0like-for-like<sup>1<\/sup>\u00a0basis.\u00a0Net profit amounted to \u20ac258\u00a0million, compared to \u20ac540\u00a0million\u00a0in\u00a0the first half of\u00a02025,\u00a0when the company\u00a0accounted for\u00a0capital gains from asset rotation.\u00a0\u00a0<\/p>\n<p>Ferrovial closed the first half of the year with a solid financial position, with liquidity<sup>1<\/sup> of \u20ac4.7 billion and consolidated net cash<sup>1<\/sup>\u00a0of\u00a0\u20ac1.3\u00a0billion<sup>2<\/sup>, excluding infrastructure projects in both cases.<\/p>\n<p>In July\u00a02026,\u00a0Ferrovial\u00a0submitted bids\u00a0for\u00a0the\u00a0I-24 Southeast Choice Lanes in Tennessee and\u00a0the\u00a0I-285 East\u00a0in Georgia. In addition,\u00a0the company\u00a0learned\u00a0that its\u00a0bid\u00a0for the D35 Highway in the Czech Republic was the\u00a0most\u00a0cost-effective offer\u00a0among those\u00a0submitted,\u00a0while the technical\u00a0evaluation\u00a0process continues.\u00a0\u00a0<\/p>\n<p>\n        <b>Financial and<\/b>\u00a0<b>Operating<\/b>\u00a0<b>Results<\/b>\u00a0<\/p>\n<p>The\u00a0Highways\u00a0division&#8217;s revenue grew 15.8%\u00a0year over year\u00a0on\u00a0a\u00a0like-for-like\u00a0basis<sup>1<\/sup>\u00a0to \u20ac740\u00a0million, driven by solid growth in North America, where the company\u00a0received \u20ac357\u00a0million in dividends.\u00a0Adjusted EBITDA<sup>1<\/sup>\u00a0increased 13.4%\u00a0on\u00a0a\u00a0like-for-like<sup>1<\/sup>\u00a0basis to \u20ac530\u00a0million.\u00a0<\/p>\n<p>U.S. Express Lanes\u00a0posted\u00a0robust\u00a0revenue per transaction\u00a0growth, significantly outpacing\u00a0U.S.\u00a0inflation<sup>3<\/sup>. In Canada, 407 ETR showed outstanding\u00a0performance\u00a0during the first half\u00a0of the year,\u00a0with\u00a0double-digit EBITDA<sup>1<\/sup>\u00a0and revenue\u00a0growth.\u00a0407 ETR has approved the\u00a0distribution\u00a0of a CAD 550 million dividend in the\u00a0third\u00a0quarter\u00a0of 2026.\u00a0<\/p>\n<p>The\u00a0Construction\u00a0division achieved a\u00a03.5% adjusted EBIT margin<sup>1<\/sup>, in line with the company&#8217;s long-term\u00a0target.\u00a0The order book<sup>1<\/sup>\u00a0reached a new all-time high of \u20ac18\u00a0billion,\u00a0with\u00a0North America accounting\u00a0for\u00a047.9%, Poland 22.9%\u00a0and\u00a0Spain\u00a014.0%.\u00a0<\/p>\n<p>In\u00a0the\u00a0Airports\u00a0division,\u00a0Ferrovial completed the\u00a0equity\u00a0injections\u00a0committed to\u00a0New\u00a0Terminal One (NTO)\u00a0at New\u00a0York&#8217;s John F. Kennedy International Airport,\u00a0totaling\u00a0USD 1.1 billion.\u00a0The\u00a0construction\u00a0progress reached\u00a092%. As of\u00a0July 28,\u00a0NTO has\u00a032\u00a0airline agreements,\u00a0including\u00a024\u00a0executed contracts and\u00a0eight\u00a0letters of intent.\u00a0<\/p>\n<p>\n        <b>Conference call information<\/b>\u00a0<\/p>\n<p>Ferrovial will host a conference call\u00a0on\u00a0July\u00a029, 2026,\u00a0at 15:00 CEST \/ 9:00 a.m. EDT\u00a0to discuss\u00a0H1\u00a02026\u00a0financial\u00a0results and business performance.\u00a0Visit our investor relations page at\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4740946-1&amp;h=3437754306&amp;u=https%3A%2F%2Fferrovial.com%2Fir-shareholders&amp;a=https%3A%2F%2Fferrovial.com%2Fir-shareholders\" target=\"_blank\" rel=\"nofollow\">https:\/\/ferrovial.com\/ir-shareholders<\/a>\u00a0<\/p>\n<p>KEY FIGURES\u00a0\u00a0<\/p>\n<p>(Million euro)\u00a0<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">H1 2026\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">H1 2025\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Variation\u00a0LfL<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Revenue\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">4,701<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">4,469<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">11.3\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Adjusted EBITDA<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">746<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">655<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">21.6\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Adjusted EBIT<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">491<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">431<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">22.7\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Net profit\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">258<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">540<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">H1 2026\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Dec 2025\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Consolidated net debt<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">6,283<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">5,893<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Net debt, excluding infrastructure projects<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">-1,307<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">-1,341<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">H1 2026\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Dec 2025\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Variation\u00a0LfL<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Construction order book<sup>1<\/sup>\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">18,046<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">17,438<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">2.8\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>NORTH AMERICA<\/b>\u00a0<b>HIGHWAYS: PERFORMANCE H1<\/b>\u00a0<b>2026<\/b>\u00a0<b>VS H1<\/b>\u00a0<b>2025<\/b>\u00a0<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"2\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Variation\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Transactions\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Rev\/Transaction\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">NTE\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">-2.0\u00a0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">18.9\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">LBJ\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">2.9\u00a0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">11.7\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">NTE 35W\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">0.4\u00a0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">17.3\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">I-77\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">-5.2\u00a0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">11.8\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">I-66\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">8.5\u00a0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">8.7\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"2\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Variation\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n              \n            <\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">VKTs*\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">Rev\/Trip\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">407 ETR\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">1.8\u00a0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\">\n                <span class=\"prnews_span\">17.7\u00a0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>*Vehicle\u00a0kilometers\u00a0travelled\u00a0<\/p>\n<p>\n        <b>Forward-Looking<\/b>\u00a0<b>Statements<\/b>\u00a0<\/p>\n<p>This document\u00a0contains\u00a0forward-looking statements. Any express or implied statements contained in this document that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding estimates and projections provided by the Company and certain other sources with respect to the Company&#8217;s financial results, financial position, business strategy, Company and joint venture project performance and completion estimates, order book, pipeline assets, expected dividends, commitments, plans, objectives of management for future operations, dividends, capital structure, as well as statements that include words such as &#8220;expect,&#8221; &#8220;aim,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;project,&#8221; &#8220;forecast,&#8221; &#8220;estimate,&#8221; &#8220;may,&#8221; &#8220;will&#8221;, &#8220;should,&#8221; &#8220;target,&#8221; &#8220;anticipate&#8221; and similar statements of a future or forward-looking nature, or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Such statements may reflect various assumptions by the Company concerning\u00a0anticipated\u00a0results and performance and are subject to significant business, economic and competitive uncertainties and contingencies, and known and unknown risks, many of which are beyond the Company&#8217;s control and may be impossible to predict. Any forecast made or\u00a0contained\u00a0herein, and actual results, will likely\u00a0vary\u00a0and those variations may be material. The Company makes no representation or warranty as to the accuracy or completeness of such statements, expectations,\u00a0estimates\u00a0and projections contained in this presentation or that any forecast made or\u00a0contained\u00a0herein\u00a0will be achieved.\u00a0\u00a0<\/p>\n<p>Risks and uncertainties that could cause actual results to differ include, without limitation: risks related to our diverse geographical operations and business divisions; general economic and political conditions and events and the impact they may have on us, including, but not limited to, impacts on demand or public fund allocation in the industries in which we operate, and the impact of any changes in governmental laws and regulations, including but not limited to tax regimes or regulations; the fact that our business is derived from a small number\u00a0of major projects; risks related to government contracting; the impact of competitive pressures in our industries, including on bid success and pricing; risks related to our acquisitions, divestments and other strategic transactions that we may undertake; cyber threats or other technology disruptions; our ability accurately to develop estimates or the impact of changes in our underlying assumptions, with respect to project plans, including project timing and budgets, and our ability to meet contractual expectations with respect thereto; the impacts of accidents, disruptions, or other incidents at our project sites and facilities; our ability to obtain adequate financing or access to capital in the future as needed and the impact of reliance on joint venture and partnership arrangements; our reliance on and ability to locate, select, monitor, and manage subcontractors and service providers; limitations on our ability to declare and fund future dividends or other distributions, and distribution processes and timelines; and the other important factors discussed under the caption &#8220;Risk Factors&#8221; in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) for the fiscal year ended December 31, 2025, which is available on the SEC website at\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4740946-1&amp;h=3715012801&amp;u=http%3A%2F%2Fwww.sec.gov&amp;a=www.sec.gov\" target=\"_blank\" rel=\"nofollow\"><u>www.sec.gov<\/u><\/a>, as such factors may be updated from time to time in our other filings with the SEC. Any forward-looking statements contained in this presentation speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. We\u00a0disclaim\u00a0any obligation or undertaking to update or revise any forward-looking statements contained in this presentation, whether\u00a0as a result of\u00a0new information, future events or otherwise, other than to the extent required by applicable law. Forward-looking statements in this press release are made\u00a0pursuant to\u00a0the safe harbor provisions contained in the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by relevant safe harbor provisions for forward-looking statements (or their equivalent) of any applicable\u00a0jurisdiction.\u00a0\u00a0<\/p>\n<p>\n        <b>About Ferrovial<\/b>\u00a0\u00a0<\/p>\n<p>Ferrovial is a leading global infrastructure company transforming highways, airports, and energy around the world. Its distinctive integrated business model supports the entire lifecycle of complex projects, from design and financing to construction, operation and maintenance. The company has a global presence and employs more than 22,500 people worldwide. North America is Ferrovial&#8217;s growth engine, where it developed and is currently operating five Express Lanes across Texas, North Carolina and Virginia, and is managing the 407 ETR highway in Toronto, Canada. The company is also leading the development of the New Terminal One at JFK International Airport. Ferrovial shares trade under the ticker symbol FER on three stock markets: U.S. (Nasdaq100 Index), Spain (IBEX35), and the Netherlands. The company is included in globally recognized sustainability indices such as the Dow Jones Best-in-Class Index.\u00a0<\/p>\n<p>\n        <i><br \/>\n          <sup>1<\/sup><br \/>\n        <\/i>\u00a0\u00a0Non-IFRS financial measure. For the definition and reconciliation\u00a0to\u00a0the most directly comparable IFRS measure, refer to the Alternative Performance Measures appendix of the Q2\u00a02026 results report.\u00a0The detailed reconciliation of the Alternative Performance Measures can be found in the selected financial information available at <u><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4740946-1&amp;h=1109445625&amp;u=https%3A%2F%2Fwww.ferrovial.com%2Fen%2Fir-shareholders%2Ffinancial%2520information%2Fquarterly-financial.information%2F&amp;a=https%3A%2F%2Fwww.ferrovial.com%2Fen%2Fir-shareholders%2Ffinancial+information%2Fquarterly-financial.information%2F\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.ferrovial.com\/en\/ir-shareholders\/financial information\/quarterly-financial.information\/<\/a><\/u> (Excel\u00a0file Q2\u00a02026\u00a0Alternative Performance Measures)\u00a0<\/p>\n<p>\n        <i><br \/>\n          <sup>2<\/sup><br \/>\n        <\/i>\u00a0\u00a0Consolidated\u00a0Net Debt of ex-infrastructure project companies\u00a0\u20ac-1.3\u00a0billion\u00a0excluding infrastructure projects\u00a0\u00a0<\/p>\n<p>\n        <i><br \/>\n          <sup>3<\/sup><br \/>\n        <\/i>\u00a0U.S. annual inflation rate for the 12 months ending in December 2025\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=DA14236&amp;sd=2026-07-28\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ferrovial-reports-strong-h1-2026-results-302836989.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/ferrovial-reports-strong-h1-2026-results-302836989.html<\/a><\/p>\n<p>SOURCE Ferrovial<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA14236&amp;Transmission_Id=202607281638PR_NEWS_USPR_____DA14236&amp;DateId=20260728\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Highways in North America showed\u00a0robust\u00a0revenue growth\u00a0 Construction profitability remained\u00a0in line with\u00a0the\u00a0company&#8217;s long-term target,\u00a0supported by\u00a0a healthy\u00a0order book1\u00a0 AMSTERDAM, July 28, 2026 \/PRNewswire\/ &#8212; Ferrovial, a leading global infrastructure company, delivered strong results in the first half of the year 2026, boosted by solid growth in the Construction and Highways business units. Revenues and adjusted EBITDA1\u00a0reported double-digit growth,\u00a0mainly driven\u00a0by U.S. highways&#8217;\u00a0performance.\u00a0 &#8220;Ferrovial delivered an exceptional first half of 2026, driven by strong performance across our North American assets.\u00a0Our Construction\u00a0division\u00a0also achieved a record order book1. Looking ahead, we see significant opportunities in complex greenfield projects and the growing momentum for P3 developments in the U.S., and\u00a0we&#8217;re\u00a0confident in our ability to continue generating long-term value,&#8221; said Ignacio Madridejos, Ferrovial CEO.\u00a0 Adjusted EBITDA1\u00a0reached\u00a0\u20ac746\u00a0million &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ferrovial reports strong H1 2026 results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-986048","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ferrovial reports strong H1 2026 results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ferrovial reports strong H1 2026 results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Highways in North America showed\u00a0robust\u00a0revenue growth\u00a0 Construction profitability remained\u00a0in line with\u00a0the\u00a0company&#8217;s long-term target,\u00a0supported by\u00a0a healthy\u00a0order book1\u00a0 AMSTERDAM, July 28, 2026 \/PRNewswire\/ &#8212; Ferrovial, a leading global infrastructure company, delivered strong results in the first half of the year 2026, boosted by solid growth in the Construction and Highways business units. Revenues and adjusted EBITDA1\u00a0reported double-digit growth,\u00a0mainly driven\u00a0by U.S. highways&#8217;\u00a0performance.\u00a0 &#8220;Ferrovial delivered an exceptional first half of 2026, driven by strong performance across our North American assets.\u00a0Our Construction\u00a0division\u00a0also achieved a record order book1. Looking ahead, we see significant opportunities in complex greenfield projects and the growing momentum for P3 developments in the U.S., and\u00a0we&#8217;re\u00a0confident in our ability to continue generating long-term value,&#8221; said Ignacio Madridejos, Ferrovial CEO.\u00a0 Adjusted EBITDA1\u00a0reached\u00a0\u20ac746\u00a0million &hellip; Continue reading &quot;Ferrovial reports strong H1 2026 results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-28T21:28:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS1549413\/FER-BR-FERROVIAL-MAIN-RGB-Logo-Logo.jpg?id=OA2798555\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrovial-reports-strong-h1-2026-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrovial-reports-strong-h1-2026-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ferrovial reports strong H1 2026 results\",\"datePublished\":\"2026-07-28T21:28:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrovial-reports-strong-h1-2026-results\\\/\"},\"wordCount\":1405,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrovial-reports-strong-h1-2026-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mmx.prnewswire.com\\\/media\\\/MS1549413\\\/FER-BR-FERROVIAL-MAIN-RGB-Logo-Logo.jpg?id=OA2798555\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrovial-reports-strong-h1-2026-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ferrovial-reports-strong-h1-2026-results\\\/\",\"name\":\"Ferrovial reports strong H1 2026 results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/","og_locale":"en_US","og_type":"article","og_title":"Ferrovial reports strong H1 2026 results - Market Newsdesk","og_description":"PR Newswire Highways in North America showed\u00a0robust\u00a0revenue growth\u00a0 Construction profitability remained\u00a0in line with\u00a0the\u00a0company&#8217;s long-term target,\u00a0supported by\u00a0a healthy\u00a0order book1\u00a0 AMSTERDAM, July 28, 2026 \/PRNewswire\/ &#8212; Ferrovial, a leading global infrastructure company, delivered strong results in the first half of the year 2026, boosted by solid growth in the Construction and Highways business units. Revenues and adjusted EBITDA1\u00a0reported double-digit growth,\u00a0mainly driven\u00a0by U.S. highways&#8217;\u00a0performance.\u00a0 &#8220;Ferrovial delivered an exceptional first half of 2026, driven by strong performance across our North American assets.\u00a0Our Construction\u00a0division\u00a0also achieved a record order book1. Looking ahead, we see significant opportunities in complex greenfield projects and the growing momentum for P3 developments in the U.S., and\u00a0we&#8217;re\u00a0confident in our ability to continue generating long-term value,&#8221; said Ignacio Madridejos, Ferrovial CEO.\u00a0 Adjusted EBITDA1\u00a0reached\u00a0\u20ac746\u00a0million &hellip; Continue reading \"Ferrovial reports strong H1 2026 results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/","og_site_name":"Market Newsdesk","article_published_time":"2026-07-28T21:28:18+00:00","og_image":[{"url":"https:\/\/mmx.prnewswire.com\/media\/MS1549413\/FER-BR-FERROVIAL-MAIN-RGB-Logo-Logo.jpg?id=OA2798555","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ferrovial reports strong H1 2026 results","datePublished":"2026-07-28T21:28:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/"},"wordCount":1405,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/#primaryimage"},"thumbnailUrl":"https:\/\/mmx.prnewswire.com\/media\/MS1549413\/FER-BR-FERROVIAL-MAIN-RGB-Logo-Logo.jpg?id=OA2798555","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ferrovial-reports-strong-h1-2026-results\/","name":"Ferrovial reports strong H1 2026 results - 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