- Ferrovial (FER, Financial) achieved a significant 38.9% increase in adjusted EBITDA, reaching €1.3 billion in 2024.
- The company's revenue rose by 6.7% year-over-year, totaling €9.1 billion.
- Ferrovial's stock price surged by 23% in 2024, outperforming the IBEX 35 index.
Ferrovial (FER) recently held its Shareholders Meeting following an exceptional financial year marked by strong operational performance and strategic asset rotation. The company's adjusted EBITDA increased by 38.9% to €1.3 billion, while revenues reached €9.1 billion, a 6.7% growth from the previous year. Net profit was reported at €3.2 billion, significantly boosted by strategic divestments.
Key asset sales included the divestiture of a 19.75% stake in Heathrow Airport for €2 billion and a 5% stake in IRB Infrastructure Developers for €211 million. Ferrovial distributed €831 million to its shareholders in 2024 and plans to allocate €570 million in 2025 alongside an additional share buyback program of up to €500 million.
The company recorded a remarkable 23% stock appreciation in 2024, significantly surpassing the 14.8% rise of the IBEX 35 index. Shareholders approved the re-election of Rafael del Pino as Chairman and several board appointments, reinforcing Ferrovial's commitment to sustainable growth and shareholder value.
Looking forward, Ferrovial is focusing on North American market growth and sustainability, with goals to reduce direct emissions by 42% and indirect emissions by 25% by 2030, in line with the 1.5°C pathway approved by the Science Based Target initiative (SBTi).
