MADRID, July 27 (Reuters) - Spanish conglomerate Ferrovial
said on Tuesday its revenues rose 6.3% to 2.97 billion
euros ($3.51 billion) in the first half of the year, buoyed by
construction and toll road business amid a recovery in traffic
despite the pandemic.
Ferrovial, which also operates airports and services units,
expects its performance to keep improving during the second half
of the year as pandemic restrictions ease, Chief Financial
Officer Ernesto Lopez said in an online presentation.
Ferrovial said earlier it would sell its waste management
business in Spain and Portugal to Germany's PreZero
International in a deal valuing the division at 1.13 billion
Ferrovial said it would continue to evaluate selling other
The infrastructure group reported 251 million euros in core
earnings (EBITDA) for the first half, up 89% from the same
period last year when the pandemic took hold and many borders
The first-half figures were affected by continued
restrictions on air traffic and travel more generally in the
United Kingdom, where Ferrovial operates London Heathrow
Between January and June, the company booked a net loss of
177 million euros, roughly halving the 384 million euros in
losses for the same period of 2020.
($1 = 0.8450 euros)
(Reporte de Corina Pons Editing by Clara-Laeila Laudette and