Ferrovial publishes nine-month 2026 operating results report
FER•Ferrovial's January-September 2026 revenue rose 7.1% to EUR 7.4 billion, while adjusted EBITDA increased 17.4% to EUR 1.21 billion. Its construction order book reached EUR 18.99 billion, and ex-infrastructure liquidity stood at EUR 5.07 billion.
1. Revenue and EBITDA
Ferrovial's January-September 2026 revenue increased 7.1% to EUR 7.4 billion, or 10.8% on a like-for-like basis. Adjusted EBITDA rose 17.4% to EUR 1.21 billion, up 21.8% like-for-like.
2. Business segments and finances
Highways revenue climbed 11% to EUR 1.13 billion, while adjusted EBITDA grew 8.7% to EUR 816 million. Construction recorded a 4.1% adjusted EBIT margin, and its order book reached EUR 18.99 billion, up 8.2% like-for-like from December 2025. Ex-infrastructure liquidity was EUR 5.07 billion, with an ex-infrastructure net cash position of EUR 1.66 billion.
