Breaking Down Ferrovial SE Financial Health: Key Insights for Investors

Rooted in nearly seventy years of expertise and a strong footprint across North America and Europe, Ferrovial SE stands as a global leader in infrastructure whose 2024 performance-€9.1 billion in revenues and a €3.2 billion net profit-backs a bold mission to design, finance and operate sustainable, efficient and innovative projects; guided by a vision to build infrastructures for a world in motion and anchored in core values of respect, excellence, integrity, collaboration and innovation, the company's integrated lifecycle model and ambition to reach net-zero emissions by 2050 (aligned with SBTi) shape how it creates long-term value, invests in people (named one of Spain's Top Employers for three consecutive years) and tackles urbanization, connectivity and climate challenges-inviting readers to explore how these commitments drive strategy, projects and stakeholder impact.

Ferrovial SE (FER) - Intro

• Founded: ~1952 (nearly 70 years of operation)
• Geographic focus: Strong presence in Europe and North America
• Business model: Integrated lifecycle-design, build, finance, operate
• 2024 financial snapshot: Revenues €9.1 billion; Net profit €3.2 billion

• Design and deliver sustainable, safe, and efficient infrastructure that improves mobility and quality of life.
• Create long-term value through integrated asset management and operational excellence.
• Align investment decisions with social and environmental impact objectives to support resilient communities.

• Be the benchmark global infrastructure company for sustainability, innovation and operational performance.
• Lead the transition to low-carbon infrastructure while expanding recurring, defensive cash flows from long-term concessions and services.
• Scale technology-driven solutions (digitalization, smart mobility, asset optimization) across portfolios to enhance lifecycle value.

• Safety first: rigorous HSE standards across construction sites and operational assets; continuous training programs.
• Integrity and transparency: governance frameworks, compliance programs, and stakeholder reporting aligned with best practices.
• Innovation and excellence: investment in R&D, digital twins, predictive maintenance and modular construction to reduce costs and carbon.
• Sustainability and responsibility: committed to SBTi-aligned targets and a 2050 net-zero ambition with interim decarbonization milestones.
• People development: recognized as one of Spain's Top Employers for three consecutive years; structured talent pipelines and lifelong learning initiatives.

• Net-zero emissions target by 2050 with SBTi-aligned targets for near/medium term.
• Integration of circular economy principles in construction and asset life-extension programs.
• Social commitments include local employment generation, community engagement and safety KPIs across projects.

• Integrated model drives margin capture across lifecycle: construction margins plus recurring concession cashflows.
• 2024 profitability demonstrates resilience-€3.2 billion net profit on €9.1 billion revenue-supporting deleveraging and capital allocation flexibility.
• Active portfolio management to prioritize high-quality, low-risk cash-generative assets in core markets.

Ferrovial SE (FER): Overview

• Core mission elements:
  • Sustainability: net-zero by 2050 commitment and interim decarbonization targets.
  • Innovation: digitalization, asset-life optimization, and smart infrastructure solutions.
  • Efficiency: operational excellence, cost optimization and enhanced asset returns.

• Strategic priorities aligned with mission:
  • Asset portfolio management to prioritise resilient, low-carbon revenue streams.
  • Investment in renewable energies, electrification and low-emission technologies in operations.
  • Scaling concession and services contracts that provide predictable cashflows and long-term value.

• Safety and integrity - zero-harm culture and strict compliance standards.
• Customer-centricity - long-term contracts and service quality focus.
• Sustainability leadership - circular economy, biodiversity protection and climate action.
• Collaboration and talent development - cross-disciplinary teams and diversity initiatives.
• Innovation and digital transformation - predictive maintenance, BIM and data-driven asset management.

• Decarbonization: commitments include company-wide electrification programs, efficiency retrofits across concession portfolios and low-carbon construction materials adoption.
• Capital allocation: increased investment into concession assets and services with stable cashflows to fund sustainability CAPEX and reduce cyclical exposure.
• Operational metrics: progressive improvements in energy intensity and materials reuse ratios reported in sustainability disclosures.

Ferrovial SE (FER) - Mission Statement

• Deliver high-quality infrastructure and services that keep people and goods moving safely and efficiently.
• Integrate sustainability and circularity across construction, operation and investment decisions.
• Generate long-term value for shareholders while contributing to local economic development and community wellbeing.
• Drive digitalisation and innovation to improve productivity, safety and environmental performance.

• Connectivity: Create integrated transport and urban systems that connect people, cities and regions.
• Sustainability: Prioritise low-carbon materials, energy efficiency and lifecycle emissions reductions.
• Innovation: Deploy digital tools, modular construction and smart-asset management to increase productivity.
• Resilience: Build infrastructure to withstand climate risks and evolving demand patterns.

• Safety first - uncompromising focus on the safety of people working on and using Ferrovial's assets.
• Integrity - transparency, compliance and ethical conduct across all activities.
• Customer orientation - delivering reliable, efficient services and excellent user experiences.
• Innovation and continuous improvement - adoption of digitalisation, offsite manufacturing and asset-management technologies.
• Environmental and social responsibility - embedding circular economy practices and community engagement.

• Board oversight of sustainability, risk and strategy with dedicated committees.
• Executive incentives linked to ESG and safety KPIs alongside financial performance.
• Regular public reporting of progress against emissions, safety and community impact targets.

Ferrovial SE (FER) - Vision Statement

• Respect - Leadership based on high standards, recognition of achievement, and proactive management of environmental and community impact.
• Excellence - Analytical rigor, precision in execution, ambitious targets, and prudent resource management to maximise efficiency and asset performance.
• Integrity - Delivering on commitments with reliability and responsibility toward employees, customers, suppliers, partners, and shareholders.
• Collaboration - Empowering talented people, encouraging responsibility and autonomy, multiplying contributions through teamwork, and valuing diversity.
• Innovation - An entrepreneurial approach to new business models, geographic expansion, and converting challenges into opportunities through learning and experimentation.

• Respect & Environment: Project selection includes environmental impact assessments and community engagement requirements, with targeted reductions in carbon intensity across operations.
• Excellence & Efficiency: Capital allocated to high-return concessions and digital construction methods to reduce cost overruns and improve schedule adherence.
• Integrity & Risk Management: Contract governance and supplier due diligence are designed to secure long-term commitments and protect shareholder interests.
• Collaboration & People: Investment in training and cross-border teams supports complex project delivery and knowledge transfer.
• Innovation & New Ventures: R&D and venture initiatives target smart mobility, renewables integration, and data-driven asset management to unlock new revenue streams.