Report
Ferrovial : 407 ETR: results in line; traffic recovery close to 2019 level, but showing no improvement
>Q3 results in line with our estimates… - The 407 ETR’s Q3 2024 results were in line with our estimates, with traffic in the quarter slightly below our estimates after deteriorating a bit vs the previous quarter: traffic was -1.3% in Q3 2024 vs Q3 2019, which compares to the -0.8% in Q2 2024, -9.3% in Q1 2024, -7.2% in Q4 2023, -4.2% in Q3 2023, -5.2% in Q2 2023, -15.3% in Q1 2023, -14.7% in Q4 2022, -12.4% in Q3 2022, -19.4% in Q2 2022 and -34.0% in Q1 2022 (all vs ...
Underlying
FERROVIAL SA
Provider
Oddo BHF
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.
Ana Arjona-Martinez
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