ferrovial billed 3.94 billion Euro in the last semester Spain11.5% more compared to the previous year. The construction company doubled its profits to 114 million euros from 52 million euros recorded in the previous year, thanks to the steady recovery of air traffic on the eve of the high summer season and good data from the concessions and construction division. The company, led by Rafael del Pino, closed the first half of 2023 with an EBITDA of 401 million euros, above the 313 million euros achieved in the same period of the previous year. At the financial level, we closed the month of June with a liquidity of 5 billion 521 million euros, while net cash obtained from infrastructure projects reached 819 million euros.
Highway division increased revenue by 38% up to €492 million, mainly due to an increase in mobility and travel patterns, such as US assets and a large return to personal work. Specifically, these toll roads in the United States contributed 82% of this business’s revenue and 92% of its Ebitda, highlighting NTE, LBJ, and NTE-35W, as well as its star presence in Canada. 407-ETR.
Regarding airports, continuous improvement of air traffic The number of passengers was allowed to increase before the summer season. Among these, the performance of London Heathrow Airport stands out, recording 37.1 million passengers, 42.1% more. Aberdeen, Glasgow and Southampton airports carried 4.9 million passengers, 22.3% more, and Dalaman airports carried 22.2% more, 1.8 million passengers.
For your part, Affected by construction completion works Major infrastructure projects in the United States are in their final stages. Thus, the revenue of this division reached 3 billion 258 million euros, an increase of 8.3% compared to the same period last year, but its EBITDA was negative at -3 million euros. Revenues from Energy Infrastructure and Mobility increased by 25.4% to 175 million Euros under similar conditions. The unit closed the period with an EBITDA of 123.1% of 6 million Euros under similar conditions.
ferrovial Completed its merger with its Dutch subsidiaryOn June 12 of this year, known as Ferrovial Internacional SE (FISE). The move from Madrid to Amsterdam ended four days later when its shares began trading on Euronext Amsterdam and the company announced it would pay its first ‘bill dividend’ of €0.2871 per share.