Ferrovial publishes transcript of Q2 and H1 2026 earnings call
FER•JFK New Terminal One update
JFK New Terminal One filed a remedial plan targeting Phase A beneficial occupancy in March 2027; the project was about 92% complete.
Liquidated damages started in July versus the prior June 2026 date: EUR 500,000 per day, subject to potential contractor challenge.
Data center development pipeline
Management flagged data center development in Alcobendas and Warsaw, with 75MW of IT planned in the first phase in Madrid. Capital rotation is expected post-lease.
Cash position and shareholder returns
The semester ended with EUR 1.3 billion net cash excluding projects. Dividends from assets totaled EUR 378 million, while buybacks and cash dividends totaled EUR 398 million.
Earnings call transcript and attendees
Ferrovial published the transcript of its Q2 and H1 2026 earnings call, which was attended by CEO Ignacio Madridejos, CFO Ernesto López and IR head Silvia Ruiz.
