$FER

Ferrovial, a global infrastructure company, reached commercial close with the Tennessee Department of Transportation for the I-24 Southeast Choice Lanes project in Nashville. The Ferrovial-led DriveTN consortium will finance, design, build, operate, and maintain the lanes under a 50-year concession. The project aims to improve mobility and drive economic growth in the region. Ferrovial shares trade under the ticker symbol FER on Nasdaq and the Spanish Stock Exchanges.

Ferrovial uses three autonomous Caterpillar rollers for a $239M runway project in Puerto Rico. The AI-powered machines improve productivity and safety, supervised by one operator. Industry collaboration is expected to accelerate adoption of such tech.

Ferrovial (FER) was selected for a $9.2B Tennessee highway project, its largest public-private partnership. The company reported a 21.6% rise in adjusted EBITDA to €746M for H1 2023, with U.S. highways contributing significantly. Net profit fell to €258M from €540M in H1 2022, partly due to prior asset gains. Ferrovial's order book reached €18B, with North America accounting for 47.9%.

UBS downgraded Ferrovial to a 'Neutral' rating and reduced its price target. The move comes after the company's recent win of a $9.2 billion transportation project in Tennessee, US. Ferrovial's stock has seen a 5-day change of -3.60% and a year-to-date change of -5.08%.

Ferrovial stock rose 3.4% to €56.97 after its consortium, DriveTN, won a $9.2B contract to develop I-24 Southeast express lanes in Nashville. The project aligns with Ferrovial's strategic focus on North American managed-lane infrastructure, following strong H1 2026 earnings. The gain was driven by company-specific news, not broader market trends.

Ferrovial, a global infrastructure company, was selected to deliver Tennessee's $9.2B I-24 Southeast Choice Lanes project, the largest private investment in the state's history. The project, a public-private partnership, will add choice lanes along a 26-mile corridor, improving mobility in the Nashville region. Ferrovial, along with consortium partners, will finance, design, build, operate, and maintain the project, which is expected to generate $24.8B in concession value for Tennessee. The comp

Madridejos said the company has shifted its approach at the 407 ETR toward combining toll pricing with selective promotions to maximize EBITDA, manage congestion and reduce Schedule 22 payments. He said promotions will remain part of the company's strategy even independently of Schedule 22 requirements, though Ferrovial does not plan to disclose the share of traffic generated through promotions.

Ferrovial reported H1 2026 results, citing double-digit growth in Construction and Highways, driven mainly by U.S. highways. Adjusted EBITDA rose 21.6% like-for-like to €746 million, revenue increased 11.3% to €4.7 billion, and net profit was €258 million. Liquidity was €4.7 billion and net cash €1.3 billion. Ferrovial also reported a €18 billion order book and bids in Tennessee and Georgia.

Ferrovial reported first-half 2026 revenue of €4.7 billion, up 11.3% like-for-like, and adjusted EBITDA of €746 million, up 21.6% like-for-like. Net profit fell to €258 million from €540 million, partly due to prior-year capital gains. Highways revenue rose 15.8% to €740 million. Ferrovial said North America drove results and reported €18 billion order book.

Ferrovial appointed John L. Morton as CEO of its Airports division, effective September 2026, succeeding Luke Bugeja, who will retire after more than five years. Ferrovial said Morton previously led transportation at Global Infrastructure Partners and held roles at Credit Suisse. Bugeja will remain until November to support the transition.