Ferrovial announced Q1 20 results showing significant growth in the construction business and a stable contribution from managed lanes. EBITDA was affected by the €-39m restructuring provision and the bottom-line was significantly affected by the weak airport assets. Ferrovial is financially stable with Heathrow capable of surviving 12 months with no revenues.
13 May 2020
Texas autoroutes show recovery
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Texas autoroutes show recovery
Ferrovial SE (FER2:WBO) | 0 0 2.1% | Mkt Cap: 12,921m
- Published:
13 May 2020 -
Author:
Sejal Varshney -
Pages:
3
Ferrovial announced Q1 20 results showing significant growth in the construction business and a stable contribution from managed lanes. EBITDA was affected by the €-39m restructuring provision and the bottom-line was significantly affected by the weak airport assets. Ferrovial is financially stable with Heathrow capable of surviving 12 months with no revenues.