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Ferrovial 3Q Net Loss Narrowed as Revenue, Ebitda Rose

Dow Jones Newswires · Oct 28, 2021 11:56

By Cristina Roca

Ferrovial SA on Thursday reported a narrowed net loss for the first nine months of the year, as revenue in its construction business rose and air travel continued to recover from the coronavirus pandemic.

The Spanish infrastructure company posted a net loss of 100 million euros ($116 million) compared with a loss of EUR513 million in the first nine months last year.

Earnings before interest, taxes, depreciation and amortization rose to EUR439 million from EUR231 million.

Revenue rose to EUR4.81 billion from EUR4.64 billion. Toll road traffic performed strongly, Ferrovial said.

Write to Cristina Roca at cristina.roca@wsj.com

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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