Ferrovial CEO cites USA, Canada, Spain and UK as main markets

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Ferrovial CEO Ignacio Madridejos pointed The company’s main markets are the United States, Canada, Spain and the United Kingdom during the Shareholders’ Meeting, where Rafael del Pino received shareholder support to move the company’s headquarters from Madrid to Amsterdam. The CEO also pointed out that India and Poland are priority expansion areas for the construction company. In addition, Madridejos announced that it aims to continue growing in its core business while analyzing new investment opportunities. Some of the regions he refers to in this context are the rest of Europe, Latin America or Australia.

The company’s president, Rafael del Pino, stressed the importance of internationalization for Ferrovial: “the real growth engine of the group” and that the group wants to continue to evolve with a focus on the USA. In fact, 64% of the 856 million invested in 2022 went to the US, which focused on the most important projects. “More than 90% of revenues come from international operations, over 90% of investors are international, and 75% of the company’s value comes from assets in North America,” Del Pino said. With the goal of going public, Ferrovial wants to increase the liquidity of the stock and its attractiveness for international investors.

Del Pino responds to Ferrovial’s growing internationalization and how This commitment to strategic markets such as the USA or Canada was driven by an increase in traffic and sales of all infrastructure assets..

list in the USA

The company justified that the primary purpose of relocating the headquarters from Madrid to the United States was to be listed in the US markets. The aim of the movement is to advance the internationalization of the group, which plans to concentrate 92% of its investments in North America for the period 2023-2027. Being able to trade in the United States is something Ferrovial claims from Spain, although the left-wing Executive denies it.

Ferrovial is available in countries such as Colombia, Canada, and the United States.With one of the New York JFK airport terminals in Toronto, Canada, and infrastructures such as the ETR-407 highway, it has an important place in European markets such as Spain as well as the United Kingdom. From Heathrow via London airport.

“We are not giving up on Spain”

In his speech at the historic shareholders meeting, Del Pino emphasized: With the relocation of the company’s headquarters to the Netherlands, “Spain has always been our country and we are not giving up”. He also stressed that this operation is part of the freedom of establishment that “nurtures the essence of the European Union”, not for tax reasons as the group will continue to make tax contributions in Spain. Now.

at the meeting The salaries of Ferrovial FISE’s directors also went further effective for that company from the moment the merger takes effect.

It also agreed on the re-election of directors Ignacio Madridejos (CEO); Philip Bowman; Hanne Birgitte Breinbjerg; Juan Hoyos Martínez de Irujo and Gonzalo Urquijo; a stock compensation system for managers; 2022 accounts; management developed by the council; EY’s re-election as auditor or flexible dividend schedule.

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