Home - Informe Anual Integrado 2017

Integrated Annual Report 2017
Download Integrated Annual Report 2017

Key figures

Revenues
12,208 M€ +13.5% compared to 2016
Capitalization
13,858 M€ +11.3% as of 31/12/2017
Workforce at year-end
95,978 Employees
Operating cash flow
999 M€ +0.4% compared to 2016

Letter from the Chairman

See the Letter from the Chairman

- 1
- THE WORLD IS MOVING, AND FERROVIAL IS AS WELL
  
  Every minute, 70 aircraft take off around the world. Right now, 10,000 aircraft are flying, transporting 1.5 million people on board. The world is driven by curiosity and a new nomadism in which technology and collaborative economy make travel easier and cheaper. Autonomous, electric and shared cars will change land transport, just as the return of the bicycle is doing in large cities. Ferrovial is playing a part in this change. In both the search for new solutions under an open innovation scheme, as well as contributing with new solutions such as car sharing Zity, Bike BCN and autonomous vehicles such as Navya and POD at Heathrow and the Satelise and Viriato projects.Ferrovial is playing a part in this change. In both the search for new solutions under an open innovation scheme, as well as contributing with new solutions such as car sharing Zity, Bike BCN and autonomous vehicles such as Navya and POD at Heathrow and the Satelise and Viriato projects.
- 2
- MANAGED LANES AGAINST URBAN CONGESTION
  
  By 2050, it is anticipated that around 6,000 million people will live in urban environments, with dozens of cities having populations of more than 10 million inhabitants. The traffic jams are already, and will be even more of a problem regarding loss of time, environment and deterioration of quality of life. Ferrovial, with Cintra, has found a new, sustainable and efficient solution. They are Managed Lanes, already implemented in Texas and soon in Virginia. Based on barrier-free tolls with dynamic charging, they guarantee speed, safety and an improvement for the environment for drivers.
- 3
- TRANSFORMATIONAL PROJECTS
  
  At the forefront of Ferrovial is the idea of promoting projects that change cities and countries. Museums and airports have been built, toll roads have been developed, tunnels and railroads have been designed and cities have been managed. Guggenheim, Heathrow, 407 ETR, M30 and the Alta Velocidad are already in the history books. But the world keeps turning. And Ferrovial has transformative projects in its portfolio such as the modernization of Denver Airport, Managed Lanes I-66 in Virginia, the ITER in Cadarache and the management of the roads of West Melbourne. Projects named to mean a today and a tomorrow in their communities.
- 4
- A PARTICIPATING USER
  
  Passengers and drivers are the protagonists of transport infrastructure, as are citizens in the municipalities. Their ability to express their opinion and to rate the service they receive and the satisfaction they express is Ferrovial’s main concern. They are also increasingly more represented by their ability to make criticisms and propose improvements. More than 80% of Heathrow passengers value their experience as very good or excellent, while around 70% of Managed Lanes Texan drivers have had a “good experience”.
- 5
- BE RESPONSIBLE, BE SUSTAINABLE
  
  Ferrovial believes in long-term development. A business model that advocates responsibility in the way of acting and the sustainability of the project. Values that generate commitments, policies and procedures for the environment, community, ethics and innovation. A way of being and acting acknowledged by DJSI, FTSE4Good and Carbon Disclosure by including Ferrovial among its members.
- 6
- DECARBONIZATION
  
  The Paris Agreements are committed to limiting the increase of global warming to below 2ºC at the end of the century. The economies decarbonization process is expected to accelerate, which will not only improve the environment, but also open up new business opportunities. Ferrovial creates value with an offer that responds to climate change, the water footprint, the energy crisis, the reuse of waste and the loss of biodiversity. For this reason, it has also developed a methodology to implement a carbon price in its assets, seeking decarbonized models.
- 7
- COMMITTED TALENT
  
  People talent is what sets us apart. Ferrovial searches for it, cares for it and develops it. Almost 100,000 people work at Ferrovial around the world, in countries with different cultures, customs and realities. Therefore, the company cultivates collaboration, flexibility, diversity and trust. The employee survey places commitment levels at above 90%. A figure that is the best guarantee for clients.