Ferrovial reported impressive 9M results, attributable to a strong rebound in traffic. The MLs experienced growth of at least high single digits, with rev/transaction surpassing the soft cap. Traffic on the 407ETR also registered a strong double-digit increase, although it remained below the 2019 levels. Heathrow Airport witnessed a substantial traffic surge, prompting a 2023 traffic forecast revision. Meanwhile, the construction business, affected by higher H1 operational costs, began showing i ....