Ferrovial : 407 ETR: Improvement started later than expected, but more to come
>The first step to be confirmed over the coming quarters - The 407ETR Q2 21 results showed a strong y-o-y recovery in all the main KPIs: traffic +63%, revenues +64% and EBITDA +92% in Q2 2021. Although this recovery was slower than expected due to the higher impact from the restrictions still in place during the quarter, a positive significantly reaction from traffic was seen once restrictions started to be lifted in June. It is still too soon to determine whether the...Ferrovial is a transportation company based in Spain. Co. is engaged in operations in the transportation sector. Co. specializes in the design, construction, management, administration and maintenance of transport infrastructures. Co.'s services range also includes the maintenance of parking lots, and land-, sea- and air-based transport networks. Co. is also engaged in the promotion and operation of short-stay parking lots, parking regulation and management services and promotion and sale of residents' parking.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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