Ferrovial earnings rise as North American highway traffic speeds H1 growth

Ferrovial announced a rise in revenue and core earnings for the first half of 2026 on Thursday, 30 July, citing heavy traffic growth across its North American toll road portfolio. The infrastructure giant confirmed that its construction division maintained profit margins within its long-term target range, supported by a growing backlog of contracts. Toll Road Revenue Increases The company reported that its Express Lanes in the United States and Canada served as the primary driver for financial growth during the first six months of the year. Traffic volume on the I-550 in Texas and the 407 ETR in Ontario exceeded pre-projection levels, allowing for higher revenue collection. Internal data showed that North American highway operations now account for the largest share of the group’s global earnings before interest, taxes, depreciation, and amortization (EBITDA). In the construction sector, Ferrovial noted that margins remained stable despite fluctuating material costs. The division is currently managing an order book that includes major transport hubs and tunnel projects in Europe and North America, providing a predictable revenue stream for the remainder of the fiscal year. Strategic Shift and Expansion This earnings update follows Ferrovial’s strategic relocation of its corporate headquarters to the Netherlands and its subsequent listing on the Nasdaq. The move was designed to increase the firm’s visibility among US investors and secure cheaper financing…