Ferrovial Construction’s Post

📌 Today we have released the #FerrovialResults2024. In the first nine months of the year, Ferrovial reported robust performance in all business areas and growing dividends from infrastructure assets. Ferrovial ended the period in a solid financial position, with liquidity of €3.5 billion. In the first nine months, the company received €490 million in dividends from infrastructure assets in North America. Some key operating results from across our business lines include: ➡️ The Toll roads division recorded a 21.9% increase in revenue in like-for-like terms to €916 million as a result of solid growth in North America. ➡️ The Construction division ended the first nine months of the year with a record order book of €15.6 billion. ➡️ The Airports division registered strong growth in traffic with Heathrow serving a record number of passengers. Find out more about the 9M results here: https://lnkd.in/dUw2gTHw

📌 In Q1 of 2024, we reported €254 million in adjusted EBITDA, a 37.6% like-for-like growth versus Q1 2023. Revenue increased by 3.5% in like-for-like terms to €1.9 billion in the period, driven by the solid growth of the Toll Roads and Construction divisions. Milestones in Q1 include the agreement to acquire a 24% stake in IRB Infrastructure Trust for €740 million and Ferrovial being recognized as one of the world’s leading environmental companies by CDP. Find out all the essential information about the #FerrovialResults2024 here: ➡️ https://lnkd.in/ezavEPZr

On the Move: Strengthening Transit and Transportation  As #InfrastructureWeek unfolds, Group PMX proudly joins the chorus in raising awareness about the critical role of infrastructure in how we all live, work, and play. We begin by spotlighting efforts to fortify the NY region’s rail and transit systems. A robust transit system isn’t just about moving from point A to B. It’s the backbone of economic vitality and community unity. Let’s advocate for smart, well-planned projects that cut emissions, alleviate congestion, spur economic growth, and enhance safety and quality of life. Our commitment extends beyond mere advocacy—we actively collaborate to address our nation’s toughest challenges, working with esteemed clients, such as the Metropolitan Transportation Authority, NJ TRANSIT, Amtrak, and The Port Authority of New York & New Jersey and premier partners, including WSP in the U.S., HDR, Urban Engineers, AECOM Tishman, VHB, Arcadis, Bechtel Corporation, Jacobs, TYLin, and HNTB. From orchestrating renovations at Penn Station to managing key transit projects across the region, Group PMX’s expertise in project management, commercial management, scheduling, and cost control ensures efficient progress. Let’s work together to drive our region forward—one critical transit project at a time. Join the movement! 

Balfour Beatty has struck a deal to sell its digital rail infrastructure monitoring business Omnicom to Hitachi Rail. The acquisition will support Omnicom’s growth strategy to expand into the US and European markets. Omnicom produces hardware and advanced software for surveying, inspecting, and monitoring rail infrastructure, including gauge clearance measurement, line visual inspection and scanning infrastructure. Its monitoring systems can be installed on trains to provide near real-time track detection. Balfour Beatty said its UK Rail business would continue to focus on its core capability of managing, enhancing and maintaining thousands of miles of railways. Over the last decade, Omnicom’s capabilities and offering to the market has strengthened through acquisition and organic growth. It employs over 100 engineers out of offices in York and Derby focused on capturing and processing engineering data. Mick Rayner, Managing Director of Balfour Beatty’s UK Rail business, said: “In order to capitalise on its unique technological solutions to the rail market, Omnicom requires an owner with a truly global reach and a complementary culture. “Hitachi’s acquisition will further enable Omnicom to leverage its capabilities and apply its expertise in the rail and digital technology sectors in both the US and European markets.” [Construction Enquirer] #rail #infrastructure #engineering #balfourbeatty #omnicom

Balfour Beatty has struck a deal to sell its digital rail infrastructure monitoring business Omnicom to Hitachi Rail. The acquisition will support Omnicom’s growth strategy to expand into the US and European markets. Omnicom produces hardware and advanced software for surveying, inspecting, and monitoring rail infrastructure, including gauge clearance measurement, line visual inspection and scanning infrastructure. Its monitoring systems can be installed on trains to provide near real-time track detection. Balfour Beatty said its UK Rail business would continue to focus on its core capability of managing, enhancing and maintaining thousands of miles of railways. Over the last decade, Omnicom’s capabilities and offering to the market has strengthened through acquisition and organic growth. It employs over 100 engineers out of offices in York and Derby focused on capturing and processing engineering data. Mick Rayner, Managing Director of Balfour Beatty’s UK Rail business, said: “In order to capitalise on its unique technological solutions to the rail market, Omnicom requires an owner with a truly global reach and a complementary culture. “Hitachi’s acquisition will further enable Omnicom to leverage its capabilities and apply its expertise in the rail and digital technology sectors in both the US and European markets.” [Construction Enquirer] #rail #infrastructure #engineering #balfourbeatty #omnicom

The U.S. is gearing up for transformative rail projects set to launch in 2025. These large-scale initiatives not only promise to enhance rail connectivity but also unlock hundreds of contracting opportunities across sectors like engineering, construction, technology, and professional services. Learn more about the projects driving this innovation and the contracting opportunities they will create. 🔗 https://lnkd.in/gTwyu4nD #Infrastructure #RailProjects #ContractingOpportunities #Innovation #Transportation #Rail

Top Rail Construction Projects in 2024 – A Record Year for Investment! 🌍 In 2024, 205 rail projects kicked off worldwide, with a massive $389 billion in investment—56% more than in 2023, despite fewer projects. 🌏 Asia leads with 43% of projects, followed by Europe at 40%. 🚇 Metros & mass transit dominate, making up 26% of projects with $279 billion invested. 🚄 High-Speed Rail is booming too, accounting for 21% of projects with $319 billion spent. The future of rail is fast, sustainable, and bigger than ever! 🚄✨ #RailRevolution #HighSpeedRail #MetroProjects #Infrastructure #transportation

#BNCUpdate: Contract Awarded to Top Firms for Egypt's High-Speed Rail Expansion Egis, in consortium with SYSTRA Egypt, secured a contract from Egypt's National Authority for Tunnels to supervise the construction of the first two phases of the country’s new high-speed rail lines. This project is integral to Egypt’s ambitious plan to develop a 2,000 km high-speed rail network. ☑️ Extensive Network Coverage: The project spans a total distance of 1,325 kilometers. ☑️ Numerous Stations and Stops: With 39 stations planned, the network is designed to be accessible and convenient, serving numerous urban and rural communities and potentially transforming local economies through improved connectivity. ☑️ Sustainability Focus: Aligning with Egypt's Vision 2030, the project emphasizes eco-friendly and sustainable transport solutions to minimize environmental impact and support economic growth sustainably. ☑️ Advanced Rail Technology: The use of high-speed rail technology ensures quick, reliable, and safe transportation for both passengers and freight, significantly reducing travel times compared to current options. https://lnkd.in/eNAStxeH 🔗 To know more about the contractors shaping this opulent vision, click the link! 🌐 Register for free to get exclusive updates on this project #Egis #HighSpeedRail #Egypt2030 #InnovatingTransportation #BNCNetwork #ProjectIntelligence

By expanding into new target markets and leveraging our Nordic capabilities, we can realise our full potential as a builder of critical and sustainable infrastructure. Today, we unveiled our new strategy and financial targets for 2028 of more than NOK 10 billion in revenue and an EBIT adjusted margin above 5%. Urbanisation, population growth and an intensified focus on critical infrastructure related to defence, energy and water are strong factors driving the markets we operate within. As we prepare ourselves to win larger contracts within the priority markets, we commit to continuous improvement to ensure improved execution and cost-efficient operations. The strategy is founded on clearly defined success factors: ✅ Delivering operational excellence, ensuring top quality and added customer value ✅ Building a unified, digital and cost-effective Nordic structure ✅ Creating a winning culture across the Nordics Our key strategic enablers are summed up in the The NRC Way focused on building winning positions in priority markets, improving project execution, creating a Nordic spirit and collaborative culture, strengthening leadership and building with purpose. We have built a strong foundation the recent years and with the new clear strategic priorities, we are positioned to deliver on the new strategy based on building and maintaining critical infrastructure across the Nordics! See the full material from today’s Capital Markets Update here 👉 https://lnkd.in/d3AJrSdY

Egis and SYSTRA have been awarded a Single Party Framework Agreement to deliver consultancy services to Iarnród Éireann (Irish Rail). Turner and Townsend will serve as subcontractors under this framework