Ferrovial Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/05 10:10- Ferrovial held its Q3 2026 earnings and recent awards call with CEO Ignacio Madridejos, CFO Ernesto López Mozo, Silvia Ruiz and analysts.
- Management ruled out a corporate equity raise for I-24 and I-285 East; major equity injections fall mainly in 2033-2035.
- I-24 concession payments total USD 21 billion in present value; separate revenue-sharing mechanisms apply above defined performance thresholds.
- I-285 East Phase 1 carries a proposed USD 23.1 billion concession payment; financial close is due October 2027, with opening expected in 2034.
- JFK New Terminal One cannot distribute dividends until June 2033; March 2027 remains the targeted initial opening, subject to contractor execution.
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