Ferrovial N.V. (FER) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everybody. This is Silvia Ruiz speaking, and I would like to thank you and welcome you to For Real's conference call to discuss the company's financial results for the first half of 2026. I am joined here today by our CEO, Ignacio Madridejos, and our CFO, Ernesto Lopez Mozo. Just as a reminder, both the results report and presentation were made available on our website yesterday evening after the U.S. market was closed. At the end of the presentation today, there will be a Q&A session. As in previous calls, you will have the opportunity to ask questions live. In order to do so, you will need to join the call through the conference call channel and press star 5 on your phone keypad. If you prefer, you can send questions to the forum including the webcast and I will be reading them out loud at the end of the Q&A session. Before starting... Please take a moment to look at the safe harbor statement included in the presentation, and please bear in mind that the presentation contains forward-looking statements and expectations that are subject to certain risks and uncertainties, so actual figures may differ. During this call, we will discuss non-IFRS financial measures, which are defined and reconciled to the most comparable IFRS measures in our results report and in our website. With all this, I will hand over to Ignacio. Ignacio, the floor is yours. Thank you Silvia and hello everyone and thank you for joining us today to review Ferrovial's results for the first half of 2026. Overall the semester saw a strong performance driven by our North American highways that saw an outstanding revenue growth and our construction business which delivered revenue growth while maintaining its profitability target. In airports, new terminal 1 at JFK has submitted a compl...