Ferrovial in 2017
Full year 2017 results were marked by Operating Cash Flow generation excluding infra projects, which reached EUR999mn, with a balanced contribution from growing infrastructure dividends (49%) and non-infrastructure operating cash flow (51%). The net cash position, excluding infrastructure projects, stood at EUR1,341mn at year-end 2017, including the cash obtained from EUR500mn hybrid subordinated bond issuance. Consolidated results in 2017, showed revenues up (+13.5%) impacted by the contribution from Broadspectrum, consolidated since June 2016 and EBITDA (-1.2%), due to poorer performance from Construction. The combined Construction and Services order book, surpassed EUR32bn (including JVs).
Ferrovial promotes a collaborative, flexible and inclusive culture based on meritocracy, to offer unique and challenging experiences, forming experienced teams committed to corporate values. The company works to create risk-free environments for all its employees, as well as for users of infrastructures.
Providing customers and users with services with the highest level of quality is one of Ferrovial’s priorities. The company focuses its innovative activity on strategic and transformational projects that generate new solutions for existing products and services.
The business activities of Ferrovial and its administrators and employees are based on the highest standards of integrity, transparency, respect for legality and human rights. The company continues its efforts to offer services and infrastructures that respond to remarkable challenges, creating value by reducing the environmental impact.