Ferrovial N.V. (FER) Q4 2024 Earnings Call

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WEBVTT 00:00:00.942 -- 00:00:04.926 Good afternoon, everybody. This is Sylvia Ruiz speaking, and I would like to welcome 00:00:04.926 -- 00:00:09.370 you to Ferrovial's conference call to discuss the financial results for the full year 00:00:09.370 -- 00:00:11.131 2024. 00:00:11.131 -- 00:00:16.416 I am joined here today by our chairman, Rafael Del Pino, our CEO, Ignacio Maridejos, 00:00:16.416 -- 00:00:21.741 and by our CFO, Ernesto Lopez-Mozo. Just as a reminder, both the results report 00:00:21.741 -- 00:00:26.305 and the presentation are available on our website since yesterday after the U.S. 00:00:26.305 -- 00:00:30.794 market closed. At the end of the presentation, there will be a Q&A session. 00:00:30.794 -- 00:00:35.040 As in previous calls, you will have the opportunity to ask questions live. 00:00:35.040 -- 00:00:39.066 For that, you will need to join the call through the conference call channel and press 00:00:39.066 -- 00:00:44.333 star 5 on your phone keypad. If you prefer, you can send them through the forum included 00:00:44.333 -- 00:00:50.742 in the webcast, and I will be reading them out loud at the end of the Q&A session. 00:00:50.742 -- 00:00:53.687 With all this, I will hand over to Rafael. 00:00:53.687 -- 00:00:56.908 Rafael, the floor is yours. 00:00:57.192 -- 00:01:00.663 Thank you, Silvia, and good afternoon, everyone. 00:01:00.663 -- 00:01:06.288 Rovial delivered solid growth across all business divisions in 2024. 00:01:06.511 -- 00:01:11.918 In toll roads, our North American assets experienced robust traffic performance 00:01:11.918 -- 00:01:15.503 and revenue per transaction growth that significantly 00:01:15.503 -- 00:01:18.104 outpaced inflation. 00:01:18.187 -- 00:01:24.135 In airports, the construction of the new Ternary R1 at JFK cont...