{
  "id": 16795384,
  "title": "Ferrovial posts strong 9M 2026 results, driven by North American strength",
  "url": "https://urgent.news/2026/10/27/ferrovial-posts-strong-9m-2026-results-driven-by-north-american",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T20:47:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/ferrovial-posts-strong-9m-2026-results-driven-by-north-american-strength-4976942"
  },
  "original_language": "en",
  "account": "Ferrovial announced robust financial results for the first nine months of 2026, with operating performance bolstered by North American operations. Adjusted EBITDA rose 21.8% year-over-year to €1.21 billion, while revenue grew 10.8% to €7.4 billion. The Highways division led growth, posting a 14.7% LfL revenue increase to €1.1 billion and a 12.4% LfL EBITDA rise to €816 million. U.S. Highways were particularly strong, contributing €800 million in adjusted EBITDA. U.S. Managed Lanes also saw double-digit revenue per transaction growth, outpacing U.S. inflation. In Canada, the 407 ETR experienced an 18.4% revenue increase and a 21% EBITDA rise despite traffic declines. The Construction division posted a 4.1% adjusted EBIT margin, the highest in the company's history, with a record order book valued at €19 billion. North America made up 51% of this backlog. Ferrovial expanded its U.S. infrastructure presence, securing major contracts for Tennessee's I-24 Southeast Choice Lanes and Georgia's I-285 East Express Lanes. The company concluded the period with €5.1 billion in liquidity and a net cash position of €1.7 billion.",
  "summary": null,
  "key_points": [
    "Adjusted EBITDA up 21.8% YoY to €1.21 billion",
    "Highways division led growth with 14.7% LfL revenue increase",
    "U.S. Highways contributed €800 million in adjusted EBITDA"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}