Ferrovial SE (FER)
- Reuters
Ferrovial teams up with IKEA's owners to run roads and parking in Europe and Canada
Spanish construction giant Ferrovial has agreed to transfer some 100 million euros worth of assets in Spain, Scotland, Ireland and Canada to a new joint venture with Interogo Holding, an investment fund of IKEA's owners. Umbrella Roads BV, the new company formed by Ferrovial and Interogo, will manage Ferrovial's stakes in a number of road and parking concessions, including the M3 Eurolink and M4 Eurolink motorways in Ireland and Serrano Park in Madrid. "The partnership between Ferrovial and Interogo could allow for further collaboration between the parties in future," according to a statement published by Ferrovial on its website late on Wednesday.
- PR Newswire
10 Years of Progress: How the TEXpress Lanes are Shaping the Future of Infrastructure and Growth
As Ferrovial celebrates the 10-year anniversary of the TEXpress Lanes in Dallas-Fort Worth, we've been taking some time to reflect on the project, specifically, the impact of express lanes, public-private partnerships, and Ferrovial's integrated model on the rapidly growing city.
- PR Newswire
Ferrovial reached $447 million net profit in the first half of the year
Ferrovial (Nasdaq: FER), a leading global infrastructure company, reported a $447 million net profit for the first half of 2024, compared with $123 million in the same period of 2023, driven by strong operating performance across all business areas.
