Slide 1: 9M 2023 Financial Results
9M 2023 FINANCIAL RESULTS Picture: NTE 9M 2023 31 October 2023 Financial Results 1
Slide 2: Disclaimer
DISCLAIMER This presentation has been produced by Ferrovial SE (the “Company” and, together with its subsidiaries, the “Group”) for the sole purpose expressed herein. Therefore, neither this presentation nor any of the information contained herein constitute or form part of, and should not be constr
Slide 3: 9M 2023 Overview
9M 2023 OVERVIEW CONTINUED GROWTH IN OUR MAIN INFRASTRUCTURE ASSETS • Toll Roads: higher 407 ETR dividend distribution vs. 9M 2022 on improved traffic. MLs posted strong revenue growth • Airports: HAH’s September traffic above pre-pandemic levels • Construction: profitability impacted by completion
Slide 4: Toll Roads: NTE 35W Distributed Its First Dividend
TOLL ROADS NTE 35W DISTRIBUTED ITS FIRST DIVIDEND 9M 2023 PERFORMANCE vs. 9M 2022 CONTRIBUTION FROM US ASSETS EUR mn SEPT-23 % Ch LfL Revenues 781 41.2% EBITDA 577 44.3% 83% 93% EBITDA mg 73.9% REVENUES EBITDA NTE 3C OPEN TO TRAFFIC SINCE JUNE 20th 66% additional length to NTE 35W €81mn FER investme
Slide 5: 407 ETR Dividends Exceeding 2022 Figures
407 ETR DIVIDENDS EXCEEDING 2022 FIGURES 9M 2023 PERFORMANCE vs. 9M 2022 CAD mn SEPT-23 VAR. Traffic (VKT mn) 1,893 16.7% Revenues 1,120 16.1% EBITDA 969 16.1% EBITDA mg 86.5% Average rev. per trip (CAD13.26) -0.2% & average trip length +1.5% vs. 9M 2022 DIVIDENDS • CAD300mn dividend distribution in
Slide 6: Toronto Regional Mobility Maintains the Positive Trend
TORONTO REGIONAL MOBILITY MANTAINS THE POSITIVE TREND EVOLUTION OF 407 ETR, MAIN ALTERNATIVES & URBAN TRANSIT (vs. 2019)* *Statistics Canada, Passenger bus and urban transit statistics for Ontario & Quebec TORONTO BECAME THE FIRST OF CANADA'S BIG THREE RETURN TO THE OFFICE CATCHING UP WITH OTHER CIT
Slide 7: DFW Managed Lanes: Strong Revenue/Transaction Growth
DFW MANAGED LANES STRONG REVENUE/TRANSACTION GROWTH AVG REVENUE PER TRANSACTION NTE LBJ NTE35W +8.4% +10.8% +13.0% 9M 2023 PERFORMANCE (vs. 9M 2022) NTE Var. LBJ Var. NTE35W Var. Revenues EBITDA EBITDA mg TRAFFIC PERFORMANCE vs. 9M 2022 14.4%* NTE 10.3% 9.8% LBJ NTE 35W Pic: LBJ NTE LBJ NTE35W 9M 20
Slide 8: I-77 and I-66 Performance
I-77 I-66 OUTSTANDING PERFORMANCE TRAFFIC AND REVENUE RAMPING UP 9M 2023 PERFORMANCE vs. 9M 2022 9M 2023 PERFORMANCE USD mn SEPT-23 VAR. USD mn SEPT-23 Transactions 31 19.9% Transactions 21 Revenues 67 56.6% Revenues 116 EBITDA 48 87.2% EBITDA 89 EBITDA mg 71.8% EBITDA mg 76.3% $5.3 Toll revenue/tra
Slide 9: Heathrow: September Traffic Above Pre-Pandemic Levels
HEATHROW SEPTEMBER TRAFFIC ABOVE PRE-PANDEMIC LEVELS 9M 2023 PERFORMANCE vs. 9M 2022 (Heathrow SP) GBP mn SEPT-23 VAR. Revenues 2,739 30.1% EBITDA 1,701 35.9% EBITDA mg 62.1% OPERATIONAL PERFORMANCE Monthly Traffic (mn passengers) 9 8 59.4mn pax 7 +34.4% vs. 9M 2022 6 -2.6% vs. 9M 2019 5 4 3 2 Jan F
Slide 10: Other Airport Assets
OTHER AIRPORT ASSETS AGS - ONGOING TRAFFIC IMPROVEMENT DALAMAN – TRAFFIC ABOVE PRE-COVID LEVELS GBP mn SEPT-23 VAR. EUR mn SEPT-23 Revenues 149 19.4% Revenues 62 EBITDA 52 34.9% EBITDA* 47 EBITDA mg 35.1% EBITDA mg 75.9% Operating performance *EBITDA post-concession fee for 9M 2023 (EUR33mn) Monthly
Slide 11: Construction: US Completion Works Impacting Profitability
CONSTRUCTION US COMPLETION WORKS IMPACTING PROFITABILITY 9M 2023 PERFORMANCE vs. 9M 2022 EUR mn SEPT-23 SEPT-22 % Ch LfL Revenues 5,140 4,764 8.5% EBITDA 132 118 7.9% EBITDA mg 2.6% 2.5% EBIT 35 38 -18.4% EBIT mg 0.7% 0.8% Order book* 14,968 14,743 0.9% Pic: Sydney Metro, Tunel Boring Machine, Austr
Slide 12: Main Consolidated Figures
MAIN CONSOLIDATED FIGURES (LfL VARIATION vs. 9M 2022) 6,221mn 700mn 393mn Revenues EBITDA EBIT +12% +34% +31% NET CASH EVOLUTION (EX-INFRASTRUCTURE) 12 396 (253) (77) (228) (101) (110) 1,439 70 (511) 635 NCP Dec'22* Dividends EBITDA WC Taxes Equity Other Shareholder Hybrid Bond Other NCP Sept'23* fr
Slide 13: Closing Remarks
9M 2023 Financial Results CLOSING REMARKS • • • • • 13 13 Pic: Solar Photovoltaic Plant “El Berrocal PV” (Seville, Spain)
Slide 14: Q&A
Q&A 9M 2023 14 Financial Results 14
Slide 15: Investor Relations Department
INVESTOR RELATIONS DEPARTMENT +34 91 586 25 65 +31 207 983 724 ir@ferrovial.com www.ferrovial.com 9M 2023 Financial Results 15