Ferrovial increased adjusted EBITDA by 40.6% to €991 million in 2023 Ferrovial

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name="post_date" content="2024-02-27 18:21:07"><meta class="elastic" name="post_date_iso_format" content="2024-02-27T18:21:07+00:00"><meta class="elastic" name="post_url" content="https://newsroom.ferrovial.com/en/press_releases/ferrovial-increased-adjusted-ebitda-by-40-6-to-e991-million-in-2023/"><meta class="elastic" name="post_title" content="Ferrovial increased adjusted EBITDA by 40.6% to €991 million in 2023"><meta class="elastic" name="body" content="Ferrovial’s toll roads in North America saw significant growth in traffic Dividends from infrastructure projects increased by 56% in the year to €741 million During the period, Ferrovial achieved simultaneous listing of its shares in Spain and the Netherlands Ferrovial, a sustainable infrastructure company, reported €991 million in adjusted EBITDA in 2023, 40.6% more than the previous year in like-for-like growth terms. Revenue increased by 13.2% in comparable terms to €8,514 million and the company obtained €460 million in net profit. All business divisions achieved positive performance. Meanwhile, Ferrovial maintained a sound financial position, with strong ex-infrastructure liquidity amounting to €5,387 million and a robust consolidated net debt ex-infrastructure projects of -€1,121 million, thanks to growth in received dividends. Infrastructure projects generated €741 million in dividends, a 56% year-on-year increase. The biggest contributors were 407 ETR (€281 million) and the Texas Managed Lanes (€397 million). This figure includes €251 million from the first year of distribution by NTE 35W. The Construction order book reached an all-time high, ending the year at €15,632 million, excluding approximately €1,900 million in pre-awarded contracts. “2023 was a good year for Ferrovial, mainly supported by the good results in our infrastructure assets. We saw very good performance for North American toll roads, with double-digit increases in revenue in all of them,” said Ignacio Madridejos, Ferrovial CEO. “We were also pleased with the turnover growth in Construction and its order book, which was at record levels, with strength in North America, as well as Poland and Spain.” Business units Toll Roads increased revenue by 42.1% year-on-year in like-for-like terms to €1,085 million. The US accounted for 83% of that figure. Additionally, this business unit’s adjusted EBITDA grew to €799 million. In Canada, traffic on 407 ETR increased by 14.6% in 2023 thanks to increased mobility in the area. As a result, revenue improved by 12.7% to $1,495 million CAD (€1,025 million). In the US, traffic increased notably on all assets with respect to the previous year. I-77 in North Carolina saw a 18,4% increase in transactions. In Texas, all three Dallas-Fort Worth assets increased traffic and revenue per transaction well above inflation. Transactions in the NTE 35W were up 20.1%, supported by the NTE 3C extension opening on June 20. They also rose on LBJ (9.2%) and NTE (9.0%). In Virginia, I-66 attained 29 million transactions in its first full year of operation, a swift ramp above the financial model. These assets also reported an increase in average revenue per transaction: 28.1% on I-77, 15.4% on NTE 35W, 10.7% on LBJ, and 9.0% on NTE. The Airports division saw traffic growth across all its assets. Heathrow reached 79.2 million passengers in 2023, the third highest year in the airport’s history, and an increase of 28.6% from 2022. At the same time, traffic in AGS rose by 13.5% year-on-year. Dalaman continued to demonstrate an upward trend in passenger growth, achieving 5.2 million passengers, a 15.5% year-on-year increase. This figure represents an all-time high for the airport, surpassing even its 2019 pre-pandemic numbers (+6.8% vs. 2019). The Construction division reported €7,070 million in revenue, 9.9% more than in 2022 in comparable terms. This growth is attributable mainly to Budimex’s positive results and to good performance by the division in Spain.   Main milestones in 2023 As part of its mature asset rotation strategy, Ferrovial reached an agreement in November to sell its entire stake (around 25%) in FGP Topco, parent company of Heathrow Airport Holdings Ltd., for £2,368 million (€2,744 million). Completion of the transaction remains subject to compliance with the applicable regulatory conditions and fulfillment of full tag-along rights of the other shareholders. The parties are working towards satisfaction of these requirements but there is no assurance that the transaction will be completed. In 2023, Ferrovial was awarded twelve construction projects worth more than $1,265 million (€1,170 million) to upgrade roads in Texas and Florida. Additionally, the third segment of NTE 35W was inaugurated in June 2023, three months ahead of schedule. The North Tarrant Express (NTE) toll road reached financial close on over $400 million (€369 million) for capacity improvements. In Spain, the company is part of a consortium that has been picked to improve and extend Catalonian’s commuter rail system for €300 million. Ferrovial is also part of the joint venture hired to build the new R2 commuter railway line and a new underground station in Montcada i Reixac (Barcelona), a project worth €540.4 million. Moreover, last year the company achieved simultaneous listing of its shares in Spain and the Netherlands. “The company is executing well, with major projects like the New Terminal One at JFK on budget and on schedule and others delivered ahead of schedule in 2023,” said Madridejos. “We are optimistic about 2024. We expect trends in metro area growth and mobility in key markets to continue to drive increases in traffic in our assets. And a focus on improving and expanding critical infrastructure in the U.S. continues to represent a significant opportunity for us.” DISCLAIMER This press release has been produced by Ferrovial SE (the “Company” and, together with its subsidiaries, the “Group”) for the sole purpose expressed herein. By accessing this press release, you acknowledge that you have read and understood the following statements. Neither this press release nor any of the information contained herein constitute or form part of, and should not be construed as, an offer to purchase, sale or exchange any security, a solicitation of any offer to purchase, sale or exchange any security, or a recommendation or advice regarding any security of the Company. In this press release, unless otherwise specified, the terms “Ferrovial,” the “Company,” and the “Group” refer to Ferrovial SE, individually or together with its consolidated subsidiaries, as the context may require (or, unless stated otherwise, if referring to the period prior to the completion of the cross-border merger on 16 June 2023, Ferrovial, S.A., the former parent entity of the Group, individually or together with its consolidated subsidiaries as the context may require). Neither this press release nor the historical performance of the Group’s management team constitutes a guarantee of the future performance of the Company and there can be no assurance that the Group’s management team will be successful in implementing the investment strategy of the Group. Any securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the U.S. Securities Act. Forward-Looking Statements  This press release may include certain statements, expectations, estimates and projections provided by the Company, and statements of the Company’s beliefs and intentions about future events. The statements included in this press release that are not statements of historical facts, including, but not limited to, those regarding the Company’s financial position, business strategy, plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Such statements, expectations, estimates and projections reflect various assumptions by the Company concerning anticipated results and are subject to significant business, economic and competitive uncertainties and contingencies, and known and unknown risks, many of which are beyond the Company’s control and are impossible to predict. Accordingly, there can be no assurance that such statements, expectations, estimates and projections will be realized. Any forecast made or contained herein, and actual results will likely vary and those variations may be material. The Company makes no representation or warranty as to the accuracy or completeness of such statements, expectations, estimates and projections contained in this presentation or that any forecast made or contained herein will be achieved. This press release speaks only as of today’s date, and, except as required by law, the Company does not undertake to update any forward-looking statements to reflect future events or circumstances. The information contained in this press release has not been audited, reviewed or verified by the external auditor of the Group. The information contained herein should therefore be considered as a whole and in conjunction with all the other publicly available information regarding the Group. Alternative Performance Measures In addition to the financial information prepared under the International Financial Reporting Standards (“IFRS”), this press release may include certain alternative performance measures (“APMs”) as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority on 5 October 2015. The Group believes that there are certain APMs, which are used by the Group’s management in making financial, operational and planning decisions, which provide useful financial information that should be considered in addition to the financial statements prepared in accordance with the accounting regulations that applies (IFRS EU), in assessing its performance. These are consistent with the main indicators used by the community of analysts and investors in the capital markets. They have not been audited, reviewed or verified by the external auditor of the Group. For further details on the definition, explanation on the use, and reconciliation of APMs, please see the section on Alternative Performance Measures of Ferrovial SE’s Integrated Annual Report (including the Consolidated Financial Statements and the Management Report) for the year ended 31 December 2023. "><meta class="elastic" name="excerpt" content="Ferrovial’s toll roads in North America saw significant growth in traffic Dividends from infrastructure projects increased by 56% in the year to €741 million During the period, Ferrovial achieved simultaneous listing of its shares in Spain and the Netherlands Ferrovial, a sustainable infrastructure company, reported €991 million in adjusted EBITDA in 2023, 40.6% more than […]"><meta class="elastic" name="featured_img" content="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/02/27181546/1-14-2024-jfk-terminal-1-dscn7154-25a-stitch-480x480.jpg"><meta class="elastic" name="sections" content=""><meta class="elastic" name="domain_identifier" content="2"><meta class="elastic" name="language" content="en"><meta class="elastic" name="post_tax_nivel_1" content="Airports"><meta class="elastic" name="post_tax_nivel_1" content="Construction"><meta class="elastic" name="post_tax_nivel_1" content="Energy"><meta class="elastic" 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href="https://newsroom.ferrovial.com/es/notas_prensa/ferrovial-mejora-un-406-su-resultado-bruto-de-explotacion-ajustado-hasta-los-991-millones-de-euros-en-2023/">ESP</a></li> </ul> </div> <div class="header-content-bottom-item header-content-bottom-item-3"> <ul class="list list-1"> <li><a class="button-icon button-icon-search js-openSearch" href="#search-main"><i class="icon" aria-hidden="true"></i><span>Search</span></a></li> <li><a class="button-icon button-icon-menu js-openMenu" href="#navigation-menu"><i class="icon" aria-hidden="true"></i><span>Menu</span></a></li> </ul> </div> </div> </div> </div> </div> </header> <div id="content"> <article class="main-article"> <header class="article-header article-header-media"> <div class="article-header-inner"> <div class="container"> <div class="article-header-inner-2"> <div class="article-header-inner-3"> <div class="article-header-titles"> <h1 class="article-header-title">Ferrovial increased adjusted EBITDA by 40.6% to €991 million in 2023</h1> <h2 class="article-header-pretitle "><span>Press releases</span></h2> </div> </div> </div> </div> </div> <div class="article-header-background"> <div class="article-header-background-inner"> <picture> <source srcset="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/02/27181546/1-14-2024-jfk-terminal-1-dscn7154-25a-stitch-800x600.jpg" media="(max-width: 667px)"> <source srcset="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/02/27181546/1-14-2024-jfk-terminal-1-dscn7154-25a-stitch-1024x576.jpg" media="(max-width: 1023px)"> <img class="lazyload" src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/02/27181546/1-14-2024-jfk-terminal-1-dscn7154-25a-stitch-1920x761.jpg" alt="NEW TERMINAL ONE JFK by FERROVIAL" width="1920" height="720"> </picture> </div> </div> </header> <div class="main-article-body"> <div class="container"> <div class="main-article-content "> <div class="main-article-content-main"> <div class="main-article-excerpt wysiwyg"> <div class="container"> <ul style="font-weight: 400;"> <li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335551500":16435456,"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1"><span data-contrast="auto">Ferrovial’s toll roads in North America saw significant growth in traffic</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":0,"335559740":360}"> </span></li> <li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335551500":16435456,"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1"><span data-contrast="auto">Dividends from infrastructure projects increased by 56% in the year to €741 million</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":0,"335559740":360}"> </span></li> <li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335551500":16435456,"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1"><span data-contrast="auto">During the period, Ferrovial achieved simultaneous listing of its shares in Spain and the Netherlands</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559685":714,"335559739":360,"335559740":360}"> </span></li> </ul> </div> </div> <div class="main-article-meta"> <div class="container"> <div class="main-article-meta-date">27 of February of 2024</div> </div> </div> <section class="module module-wysiwyg inview--on"> <div class="module-inner"> <div class="container"> <div class="module-inner-2"> <div class="module-content"> <div class="wysiwyg"> <p><span data-contrast="auto">Ferrovial, a sustainable infrastructure company, reported €991 million in adjusted EBITDA in 2023, 40.6% more than the previous year in like-for-like growth terms. Revenue increased by 13.2% in comparable terms to €8,514 million and the company obtained €460 million in net profit. All business divisions achieved positive performance. </span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">Meanwhile, Ferrovial maintained a sound financial position, with strong ex-infrastructure liquidity amounting to €5,387 million and a robust consolidated net debt ex-infrastructure projects of -€1,121 million, thanks to growth in received dividends.</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">Infrastructure projects generated €741 million in dividends, a 56% year-on-year increase. The biggest contributors were 407 ETR (€281 million) and the Texas Managed Lanes (€397 million). This figure includes €251 million from the first year of distribution by NTE 35W.</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">The Construction order book reached an all-time high, ending the year at €15,632 million, excluding approximately €1,900 million in pre-awarded contracts.</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">“2023 was a good year for Ferrovial, mainly supported by the good results in our infrastructure assets. We saw very good performance for North American toll roads, with double-digit increases in revenue in all of them,” said Ignacio Madridejos, Ferrovial CEO. “We were also pleased with the turnover growth in Construction and its order book, which was at record levels, with strength in North America, as well as Poland and Spain.”</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-ccp-props="{"201341983":0,"335559739":0,"335559740":240}"> </span><b><span data-contrast="auto">Business units</span></b><span data-ccp-props="{"201341983":0,"335559739":0,"335559740":240}"> </span></p> <p><b><span data-contrast="auto">Toll Roads</span></b><span data-contrast="none"> increased revenue by 42.1% year-on-year in like-for-like terms to €1,085 million. The US accounted for </span><span data-contrast="auto">83% of that figure. </span><span data-contrast="none">Additionally, this business unit’s adjusted EBITDA grew to €799 million. </span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="none">In Canada, traffic on 407 ETR increased by 14.6% in 2023 thanks to increased mobility in the area. As a result, revenue improved by 12.7% to $1,495 million CAD (€1,025 million).</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">In the US, traffic increased notably on all assets with respect to the previous year. I-77 in North Carolina saw a 18,4% increase in transactions. In Texas, all three Dallas-Fort Worth assets increased traffic and revenue per transaction well above inflation. Transactions in the NTE 35W were up 20.1%, supported by the NTE 3C extension opening on June 20. They also rose on LBJ (9.2%) and NTE (9.0%). In Virginia, I-66 attained 29 million transactions in its first full year of operation, a swift ramp above the financial model. These assets also reported an increase in average revenue per transaction: 28.1% on I-77, 15.4% on NTE 35W, 10.7% on LBJ, and 9.0% on NTE.</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="none">The </span><b><span data-contrast="none">Airports</span></b><span data-contrast="none"> division saw traffic growth across all its assets. Heathrow reached 79.2 million passengers in 2023, the third highest year in the airport’s history, and an increase of 28.6% from 2022. At the same time, traffic in AGS rose by 13.5% year-on-year. Dalaman continued to demonstrate an upward trend in passenger growth, achieving 5.2 million passengers, a 15.5% year-on-year increase. This figure represents an all-time high for the airport, surpassing even its 2019 pre-pandemic numbers (+6.8% vs. 2019).</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="none">The </span><b><span data-contrast="none">Construction</span></b><span data-contrast="none"> division reported €7,070 million in revenue, 9.9% more than in 2022 in comparable terms. This growth is attributable mainly to Budimex’s positive results and to good performance by the division in Spain. </span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p> </p> <p><b><span data-contrast="none">Main milestones in 2023</span></b><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="none">As part of its mature asset rotation strategy, Ferrovial reached an agreement in November to sell its entire stake (around 25%) in FGP Topco, parent company of Heathrow Airport Holdings Ltd., for £2,368 million (€2,744 million). Completion of the transaction remains subject to compliance with the applicable regulatory conditions and fulfillment of full tag-along rights of the other shareholders. The parties are working towards satisfaction of these requirements but there is no assurance that the transaction will be completed. </span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="none">In 2023, Ferrovial was awarded twelve construction projects worth more than $1,265 million (€1,170 million) to upgrade roads in Texas and Florida. Additionally, the third segment of NTE 35W was inaugurated in June 2023, three months ahead of schedule. The North Tarrant Express (NTE) toll road reached financial close on over $400 million (€369 million) for capacity improvements.</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="none">In Spain, the company is part of a consortium that has been picked to improve and extend Catalonian’s commuter rail system for €300 million. Ferrovial is also part of the joint venture hired to build the new R2 commuter railway line and a new underground station in Montcada i Reixac (Barcelona), a project worth €540.4 million. </span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">Moreover, last year the company achieved simultaneous listing of its shares in Spain and the Netherlands. </span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-contrast="auto">“The company is executing well, with major projects like the New Terminal One at JFK on budget and on schedule and others delivered ahead of schedule in 2023,” said Madridejos. “We are optimistic about 2024. We expect trends in metro area growth and mobility in key markets to continue to drive increases in traffic in our assets. And a focus on improving and expanding critical infrastructure in the U.S. continues to represent a significant opportunity for us.”</span><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><span data-ccp-props="{"201341983":2,"335551550":6,"335551620":6,"335559685":0,"335559739":200,"335559740":240}"> </span></p> <p><b><span data-contrast="none">DISCLAIMER</span></b><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">This press release has been produced by Ferrovial SE (the “Company” and, together with its subsidiaries, the “Group”) for the sole purpose expressed herein. By accessing this press release, you acknowledge that you have read and understood the following statements. Neither this press release nor any of the information contained herein constitute or form part of, and should not be construed as, an offer to purchase, sale or exchange any security, a solicitation of any offer to purchase, sale or exchange any security, or a recommendation or advice regarding any security of the Company. </span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">In this press release, unless otherwise specified, the terms “Ferrovial,” the “Company,” and the “Group” refer to Ferrovial SE, individually or together with its consolidated subsidiaries, as the context may require (or, unless stated otherwise, if referring to the period prior to the completion of the cross-border merger on 16 June 2023, Ferrovial, S.A., the former parent entity of the Group, individually or together with its consolidated subsidiaries as the context may require).</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">Neither this press release nor the historical performance of the Group’s management team constitutes a guarantee of the future performance of the Company and there can be no assurance that the Group’s management team will be successful in implementing the investment strategy of the Group. </span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">Any securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the U.S. Securities Act. </span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><b><span data-contrast="none">Forward-Looking Statements  </span></b><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">This press release may include certain statements, expectations, estimates and projections provided by the Company, and statements of the Company’s beliefs and intentions about future events. The statements included in this press release that are not statements of historical facts, including, but not limited to, those regarding the Company’s financial position, business strategy, plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Such statements, expectations, estimates and projections reflect various assumptions by the Company concerning anticipated results and are subject to significant business, economic and competitive uncertainties and contingencies, and known and unknown risks, many of which are beyond the Company’s control and are impossible to predict. Accordingly, there can be no assurance that such statements, expectations, estimates and projections will be realized. Any forecast made or contained herein, and actual results will likely vary and those variations may be material. The Company makes no representation or warranty as to the accuracy or completeness of such statements, expectations, estimates and projections contained in this presentation or that any forecast made or contained herein will be achieved.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">This press release speaks only as of today’s date, and, except as required by law, the Company does not undertake to update any forward-looking statements to reflect future events or circumstances.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">The information contained in this press release has not been audited, reviewed or verified by the external auditor of the Group. The information contained herein should therefore be considered as a whole and in conjunction with all the other publicly available information regarding the Group.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><b><span data-contrast="none">Alternative Performance Measures</span></b><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> <p><span data-contrast="none">In addition to the financial information prepared under the International Financial Reporting Standards (“IFRS”), this press release may include certain alternative performance measures (“APMs”) as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority on 5 October 2015. The Group believes that there are certain APMs, which are used by the Group’s management in making financial, operational and planning decisions, which provide useful financial information that should be considered in addition to the financial statements prepared in accordance with the accounting regulations that applies (IFRS EU), in assessing its performance. These are consistent with the main indicators used by the community of analysts and investors in the capital markets. They have not been audited, reviewed or verified by the external auditor of the Group. For further details on the definition, explanation on the use, and reconciliation of APMs, please see the section on Alternative Performance Measures of Ferrovial SE’s Integrated Annual Report (including the Consolidated Financial Statements and the Management Report) for the year ended 31 December 2023.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":200,"335559740":276}"> </span></p> </div> </div> </div> </div> </div> </section> </div> <div class="main-article-content-modular"> </div> <footer class="main-article-content-footer"> <div class="main-article-content-footer-inner"> <div class="container"> <div class="main-article-content-footer-item"> <div class="element-aside element-aside-download"> <a class="element-aside-inner" href="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/02/27182058/20240227-annual-results-2023.pdf" download target="_blank" > <div class="element-aside-image"> <span class="element-aside-image-inner"> <i 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class="card-title">Ferrovial increased adjusted EBITDA by 50% in the first nine months of the year</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/29201223/i-285-sr-400-interchange-atlanta-ga-480x480.jpg" alt="construction road i-285-sr-400-interchange in Atlanta by Ferrovial in the US"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ferrovial-forms-a-joint-venture-with-interogo-holding-to-manage-its-stakes-in-a-set-of-concessions-in-europe-and-canada/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ferrovial forms a joint venture with Interogo Holding to manage its stakes in a set of concessions in Europe and Canada</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/08140307/autovia-de-la-plata-480x480.jpeg" alt="Autovía de la Plata"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/inforvial_article/10-years-of-progress-how-the-texpress-lanes-are-shaping-the-future-of-infrastructure-and-growth/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Articles</li> </ul> <h3 class="card-title">10 Years of Progress: How the TEXpress Lanes are Shaping the Future of Infrastructure and Growth</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/15163326/nte-1-480x480.jpg" alt=""> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ferrovial-builds-satellite-control-and-operation-center-in-spain/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ferrovial builds satellite control and operation center in Spain</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/03103354/centro-de-satelites-hisdesat-hoyo-de-manzanares-480x480.jpg" alt="Centro de satélites Hisdesat Hoyo de Manzanares"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ferrovial-steps-up-its-commitment-to-artificial-intelligence-by-applying-microsoft-copilot-in-all-its-work-centers/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ferrovial steps up its commitment to artificial intelligence by applying Microsoft Copilot in all its work centers</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/09/09122809/ferrovial-copilot-2024-480x480.png" alt="Ferrovial_Copilot_2024"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/local-news/ferrovial-reached-447-million-net-profit-in-the-first-half-of-the-year/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Local news</li> </ul> <h3 class="card-title">Ferrovial reached $447 million net profit in the first half of the year</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/07/30121620/i-35-nex-san-antonio-tx-480x480.jpg" alt="Highway I-35, 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href='https://newsroom.ferrovial.com/en/press_releases/andras-szakonyi-named-ceo-of-ferrovials-digital-infrastructure-division/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">András Szakonyi named CEO of Ferrovial’s Digital Infrastructure Division</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/11/14165812/asz-2020-may-allo-480x480.jpg" alt=""> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ferrovial-announces-an-agreement-for-the-sale-of-its-50-stake-in-ags-airports/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ferrovial announces an agreement for the sale of its 50% stake in AGS Airports</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/11/13131902/glasgow-buildinginterior-1-480x480.jpeg" alt="Glasgow_BuildingInterior"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ignacio-del-pino-appointed-chief-investment-officer-of-ferrovial/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ignacio del Pino appointed Chief Investment Officer of Ferrovial</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/31135430/idp-recorte1-480x480.jpg" alt="Ignacio del Pino"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/news/ferrovial-increased-adjusted-ebitda-by-50-in-the-first-nine-months-of-the-year/'> <div class="card-front"> <ul class="card-category list list-category"> <li>News</li> </ul> <h3 class="card-title">Ferrovial increased adjusted EBITDA by 50% in the first nine months of the year</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/29201223/i-285-sr-400-interchange-atlanta-ga-480x480.jpg" alt="construction road i-285-sr-400-interchange in Atlanta by Ferrovial in the US"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ferrovial-increased-adjusted-ebitda-by-50-in-the-first-nine-months-of-the-year/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ferrovial increased adjusted EBITDA by 50% in the first nine months of the year</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/29201223/i-285-sr-400-interchange-atlanta-ga-480x480.jpg" alt="construction road i-285-sr-400-interchange in Atlanta by Ferrovial in the US"> </div> </a> </div> </article> </div> <div class="slide"> <article class="card "> <div class="card-inner"> <a class='card-link' href='https://newsroom.ferrovial.com/en/press_releases/ferrovial-forms-a-joint-venture-with-interogo-holding-to-manage-its-stakes-in-a-set-of-concessions-in-europe-and-canada/'> <div class="card-front"> <ul class="card-category list list-category"> <li>Press releases</li> </ul> <h3 class="card-title">Ferrovial forms a joint venture with Interogo Holding to manage its stakes in a set of concessions in Europe and Canada</h3> </div> <div class="card-back"> <img class="lazyload" data-ondemand-src="https://static.ferrovial.com/wp-content/uploads/sites/4/2024/10/08140307/autovia-de-la-plata-480x480.jpeg" alt="Autovía de la Plata"> </div> </a> </div> </article> </div> </div> </div> </div> </div> </div> </section> <div class="menu-aside-footer"> <ul class="list list-1 list-tags"> <li><a href="https://newsroom.ferrovial.com/en/n1/airports/">#airports</a></li> <li><a href="https://newsroom.ferrovial.com/en/n1/construction/">#construction</a></li> <li><a href="https://newsroom.ferrovial.com/en/n1/highways/">#highways</a></li> <li><a href="https://newsroom.ferrovial.com/en/n2/energy/">#energy</a></li> <li><a href="https://newsroom.ferrovial.com/en/n2/mobility/">#mobility</a></li> <li><a href="https://newsroom.ferrovial.com/en/n2/innovation/">#innovation</a></li> <li><a href="https://newsroom.ferrovial.com/en/n2/infrastructures/">#infrastructures</a></li> </ul> </div> </div> </div> </div> <div class="modal-fullscreen-wrapper" id="modal-wrapper"></div> <section 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This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. <table class="wt-cli-element cookielawinfo-row-cat-table cookielawinfo-classic"><thead><tr><th scope="col" class="cookielawinfo-column-1">Cookie</th><th scope="col" class="cookielawinfo-column-3">Duration</th><th scope="col" class="cookielawinfo-column-4">Description</th></tr></thead><tbody><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">cookielawinfo-checkbox-advertisement</td><td class="cookielawinfo-column-3">11 months 29 days 23 hours 59 minutes</td><td class="cookielawinfo-column-4">The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category ''Advertisement''.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">cookielawinfo-checkbox-analytics</td><td class="cookielawinfo-column-3">11 months 29 days 23 hours 59 minutes</td><td class="cookielawinfo-column-4">This cookies is set by GDPR Cookie Consent WordPress Plugin. The cookie is used to remember the user consent for the cookies under the category ''Analytics''.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">cookielawinfo-checkbox-language</td><td class="cookielawinfo-column-3">11 months 29 days 23 hours 59 minutes</td><td class="cookielawinfo-column-4">This cookies is set by GDPR Cookie Consent WordPress Plugin. The cookies will remember language preferences.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">cookielawinfo-checkbox-necessary</td><td class="cookielawinfo-column-3">11 months</td><td class="cookielawinfo-column-4">This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">cookielawinfo-checkbox-non-necessary</td><td class="cookielawinfo-column-3">11 months</td><td class="cookielawinfo-column-4">This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Non Necessary".</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">csrftoken</td><td class="cookielawinfo-column-3">11 months</td><td class="cookielawinfo-column-4">This cookie is associated with Django web development platform for python. Used to help protect the website against Cross-Site Request Forgery attacks</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">lang</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4">This cookie is used to store the language preferences of a user to serve up content in that stored language the next time user visit the website.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">PHPSESSID</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4">This cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">viewed_cookie_policy</td><td class="cookielawinfo-column-3">11 months</td><td class="cookielawinfo-column-4">The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. 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The purpose of the cookie is to assign clicks to other events on the customer's website.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">fr</td><td class="cookielawinfo-column-3">2 months</td><td class="cookielawinfo-column-4">The cookie is set by Facebook to show relevant advertisments to the users and measure and improve the advertisements. The cookie also tracks the behavior of the user across the web on sites that have Facebook pixel or Facebook social plugin.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">IDE</td><td class="cookielawinfo-column-3">2 years</td><td class="cookielawinfo-column-4">Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. This is used to present users with ads that are relevant to them according to the user profile.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">lms_ads</td><td class="cookielawinfo-column-3">30 days</td><td class="cookielawinfo-column-4">It is used to identify LinkedIn members from designated countries for advertising purposes.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">mid</td><td class="cookielawinfo-column-3">9 years</td><td class="cookielawinfo-column-4">The cookie is set by Instagram. The cookie is used to distinguish users and to show relevant content, for better user experience and security.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">MUID</td><td class="cookielawinfo-column-3">1 year</td><td class="cookielawinfo-column-4">Used by Microsoft as a unique identifier. The cookie is set by embedded Microsoft scripts. 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The cookie is used to calculate visitor, session, camapign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assigns a randoly generated number to identify unique visitors.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">This cookies is installed by Google Universal Analytics to throttle the request rate to limit the colllection of data on high traffic sites.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat_gtag_UA_5784146_31</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">Google Used to distinguish users.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat_UA-141180000-1</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">This is a pattern type cookie set by Google Analytics, where the pattern element on the name contains the unique identity number of the account or website it relates to. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat_UA-20934186-10</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">This is a pattern type cookie set by Google Analytics, where the pattern element on the name contains the unique identity number of the account or website it relates to. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat_UA-5826449-38</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">This is a pattern type cookie set by Google Analytics, where the pattern element on the name contains the unique identity number of the account or website it relates to. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat_UA-58630905-1</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">Used by Google Analytics to monitor the rate of requests</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gat_UA-70491628-1</td><td class="cookielawinfo-column-3">1 minute</td><td class="cookielawinfo-column-4">This is a pattern type cookie set by Google Analytics, where the pattern element on the name contains the unique identity number of the account or website it relates to. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gcl_au</td><td class="cookielawinfo-column-3">2 months</td><td class="cookielawinfo-column-4">Used by Google AdSense to experiment with advertising efficiency across websites using its services.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_gid</td><td class="cookielawinfo-column-3">1 day</td><td class="cookielawinfo-column-4">This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the wbsite is doing. The data collected including the number visitors, the source where they have come from, and the pages viisted in an anonymous form.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjAbsoluteSessionInProgress</td><td class="cookielawinfo-column-3">30 minutes</td><td class="cookielawinfo-column-4">This cookie is used to detect the first pageview session of a user. This is a True/False flag set by the cookie.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjCachedUserAttributes</td><td class="cookielawinfo-column-3">Session</td><td class="cookielawinfo-column-4">This cookie stores User Attributes which are sent through the Hotjar Identify API, whenever the user is not in the sample. These attributes will only be saved if the user interacts with a Hotjar Feedback tool.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjClosedSurveyInvites</td><td class="cookielawinfo-column-3">365 days</td><td class="cookielawinfo-column-4">Hotjar cookie that is set once a visitor interacts with an External Link Survey invitation modal. It is used to ensure that the same invite does not reappear if it has already been shown.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjDonePolls</td><td class="cookielawinfo-column-3">365 days</td><td class="cookielawinfo-column-4">Hotjar cookie that is set once a visitor completes a survey using the On-site Survey widget. It is used to ensure that the same survey does not reappear if it has already been filled in.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjid</td><td class="cookielawinfo-column-3">365 days</td><td class="cookielawinfo-column-4">Hotjar cookie that is set when the customer first lands on a page with the Hotjar script. It is used to persist the Hotjar User ID, unique to that site on the browser. This ensures that behavior in subsequent visits to the same site will be attributed to the same user ID.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjIncludedInPageviewSample</td><td class="cookielawinfo-column-3">30 minutes</td><td class="cookielawinfo-column-4">This cookie is set to let Hotjar know whether that visitor is included in the data sampling defined by your site's pageview limit.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjIncludedInSessionSample</td><td class="cookielawinfo-column-3">30 minutes</td><td class="cookielawinfo-column-4">This cookie is set to let Hotjar know whether that visitor is included in the data sampling defined by your site's daily session limit</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjLocalStorageTest</td><td class="cookielawinfo-column-3">Less than 100ms</td><td class="cookielawinfo-column-4">This cookie is used to check if the Hotjar Tracking Script can use local storage. If it can, a value of 1 is set in this cookie. The data stored in_hjLocalStorageTest has no expiration time, but it is deleted almost immediately after it is created.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjMinimizedPolls</td><td class="cookielawinfo-column-3">365 days</td><td class="cookielawinfo-column-4">Hotjar cookie that is set once a visitor minimizes an On-site Survey widget. It is used to ensure that the widget stays minimized when the visitor navigates through your site.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjRecordingLastActivity</td><td class="cookielawinfo-column-3">Session</td><td class="cookielawinfo-column-4">This should be found in Session storage (as opposed to cookies). This gets updated when a visitor recording starts and when data is sent through the WebSocket (the visitor performs an action that Hotjar records).</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjShownFeedbackMessage</td><td class="cookielawinfo-column-3">365 days</td><td class="cookielawinfo-column-4">Hotjar cookie that is set when a visitor minimizes or completes Incoming Feedback. This is done so that the Incoming Feedback will load as minimized immediately if the visitor navigates to another page where it is set to show.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjTLDTest</td><td class="cookielawinfo-column-3">Session</td><td class="cookielawinfo-column-4">When the Hotjar script executes we try to determine the most generic cookie path we should use, instead of the page hostname. This is done so that cookies can be shared across subdomains (where applicable). To determine this, we try to store the _hjTLDTest cookie for different URL substring alternatives until it fails. After this check, the cookie is removed.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_hjUserAttributesHash</td><td class="cookielawinfo-column-3">Session</td><td class="cookielawinfo-column-4">User Attributes sent through the Hotjar Identify API are cached for the duration of the session in order to know when an attribute has changed and needs to be updated.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_smvs</td><td class="cookielawinfo-column-3">23 hours 59 minutes</td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_uetsid</td><td class="cookielawinfo-column-3">1 day</td><td class="cookielawinfo-column-4">This is a cookie used by Microsoft Bing Ads and it is a tracking cookie. Allows you to interact with a user who has already visited our website.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">_uetvid</td><td class="cookielawinfo-column-3">2 weeks</td><td class="cookielawinfo-column-4">Cookie installed by Google Tag Manager to store and track visits between sites.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">apbct_visible_fields</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">apbct_visible_fields_count</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">ct_checkjs</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">ct_fkp_timestamp</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">ct_pointer_data</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">ct_ps_timestamp</td><td class="cookielawinfo-column-3"></td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">dtCookie</td><td class="cookielawinfo-column-3">Session</td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">GPS</td><td class="cookielawinfo-column-3">30 minutes</td><td class="cookielawinfo-column-4">This cookie is set by Youtube and registers a unique ID for tracking users based on their geographical location</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">lumesse_language</td><td class="cookielawinfo-column-3">50 years ago</td><td class="cookielawinfo-column-4">This cookie determines language of Application Process user interface (labels, interface etc.)</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">MR</td><td class="cookielawinfo-column-3">1 week</td><td class="cookielawinfo-column-4">This cookie is used to measure the use of the website for analytics purposes.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">MR2</td><td class="cookielawinfo-column-3">1 week</td><td class="cookielawinfo-column-4"></td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">Smclient</td><td class="cookielawinfo-column-3">10 years</td><td class="cookielawinfo-column-4">A cookie itself does not contain any information that enables to identify contacts and to recognize e.g. personal data of the website visitor. Connection to the contact card takes place in the SALESmanago system.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">SMCNTCTGS</td><td class="cookielawinfo-column-3">10 years</td><td class="cookielawinfo-column-4">A cookie contains tags assigned to hashed email in json {„hashedEmail”:”tag1,tag2″}</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">Smevent</td><td class="cookielawinfo-column-3">12 hours</td><td class="cookielawinfo-column-4">A cookie contains eventId assigned after the event cart, deleted when the event purchase takes place.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">smform</td><td class="cookielawinfo-column-3">12 months</td><td class="cookielawinfo-column-4">Information about a form and pop-up behavior- a number of visits, a timestamp of the last visit, information about closing/minimizing pop-ups</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">smg</td><td class="cookielawinfo-column-3">12 months</td><td class="cookielawinfo-column-4">Random ID in UUID format</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">SMOPTST</td><td class="cookielawinfo-column-3">10 years</td><td class="cookielawinfo-column-4">A cookie contains contact status which is assigned to the hashed email in json {„hashedEmail”:”true”, „hashedEmail”:”false”}</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">smOViewsPopCap</td><td class="cookielawinfo-column-3">10 years</td><td class="cookielawinfo-column-4">SM:X|, where X is replaced with a number</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">smrcrsaved</td><td class="cookielawinfo-column-3">12 months</td><td class="cookielawinfo-column-4">True/false value</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">Smuuid</td><td class="cookielawinfo-column-3">12 months</td><td class="cookielawinfo-column-4">Unique ID – cookie itself does not contain any information that enables to identify contacts and to recognize e.g. personal data of the website visitor. Connection to the contact card takes place in the SALESmanago system.</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">smvr</td><td class="cookielawinfo-column-3">10 years</td><td class="cookielawinfo-column-4">Values coded by base64</td></tr><tr class="cookielawinfo-row"><td class="cookielawinfo-column-1">smwp</td><td class="cookielawinfo-column-3">12 months</td><td class="cookielawinfo-column-4">True/false value</td></tr></tbody></table></div> </div> </div> </div> </div> </div> </div> </div> <div class="cli-modal-footer"> <div class="wt-cli-element cli-container-fluid cli-tab-container"> <div class="cli-row"> <div class="cli-col-12 cli-align-items-stretch cli-px-0"> <div class="cli-tab-footer wt-cli-privacy-overview-actions"> <a id="wt-cli-privacy-save-btn" role="button" tabindex="0" data-cli-action="accept" class="wt-cli-privacy-btn cli_setting_save_button wt-cli-privacy-accept-btn cli-btn">Save & Accept</a> </div> <div class="wt-cli-ckyes-footer-section"> <div class="wt-cli-ckyes-brand-logo">Powered by <a target="_blank" href="https://www.webtoffee.com/"><img src="https://newsroom.ferrovial.com/wp-content/plugins/webtoffee-gdpr-cookie-consent/images/webtoffee-logo.svg" alt="WebToffee Logo"></a></div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="cli-modal-backdrop cli-fade cli-settings-overlay"></div> <div class="cli-modal-backdrop cli-fade cli-popupbar-overlay"></div> </div> <script type="text/javascript"> /* <![CDATA[ */ cli_cookiebar_settings='{"animate_speed_hide":"500","animate_speed_show":"500","background":"rgb(1, 1, 1)","border":"#b1a6a6c2","border_on":false,"button_1_button_colour":"rgb(0, 0, 0)","button_1_button_hover":"rgb(0, 0, 0)","button_1_link_colour":"rgb(255, 255, 255)","button_1_as_button":true,"button_1_new_win":false,"button_2_button_colour":"rgb(0, 0, 0)","button_2_button_hover":"rgb(0, 0, 0)","button_2_link_colour":"rgb(255, 255, 255)","button_2_as_button":false,"button_2_hidebar":true,"button_2_nofollow":false,"button_3_button_colour":"rgb(0, 0, 0)","button_3_button_hover":"rgb(0, 0, 0)","button_3_link_colour":"rgb(255, 255, 255)","button_3_as_button":true,"button_3_new_win":false,"button_4_button_colour":"rgb(0, 0, 0)","button_4_button_hover":"rgb(0, 0, 0)","button_4_link_colour":"rgb(255, 255, 255)","button_4_as_button":true,"button_7_button_colour":"rgb(97, 162, 41)","button_7_button_hover":"rgb(97, 162, 41)","button_7_link_colour":"#fff","button_7_as_button":true,"button_7_new_win":false,"font_family":"inherit","header_fix":false,"notify_animate_hide":true,"notify_animate_show":false,"notify_div_id":"#cookie-law-info-bar","notify_position_horizontal":"right","notify_position_vertical":"bottom","scroll_close":false,"scroll_close_reload":false,"accept_close_reload":false,"reject_close_reload":false,"showagain_tab":true,"showagain_background":"#fff","showagain_border":"#000","showagain_div_id":"#cookie-law-info-again","showagain_x_position":"100px","text":"#dcdcdc","show_once_yn":false,"show_once":"10000","logging_on":false,"as_popup":false,"popup_overlay":true,"bar_heading_text":"","cookie_bar_as":"popup","cookie_setting_popup":true,"accept_all":true,"js_script_blocker":false,"popup_showagain_position":"bottom-right","widget_position":"left","button_1_style":[["display","inline-block"],["box-sizing","border-box"],["width","100%"],["padding","8px 10px"],["background","rgb(0, 0, 0)"],["text-align","center"],["border","2px solid rgb(255, 199, 0)"],["border-radius","3px"],["margin-top","15px"],["line-height","28px"],["font-size","16px"],["font-weight","600"],[""]],"button_2_style":[["display","inline-block"],["text-align","center"],["font-size","16px"],["border","0px solid rgb(255, 255, 255)"],["padding","0px"],["font-weight","700"]],"button_3_style":[["display","inline-block"],["box-sizing","border-box"],["width","100%"],["padding","8px 10px"],["background","rgb(0, 0, 0)"],["text-align","center"],["border","2px solid rgb(255, 199, 0)"],["border-radius","3px"],["margin-top","15px"],["line-height","28px"],["font-size","16px"],["font-weight","600"],[""]],"button_4_style":[["display","inline-block"],["box-sizing","border-box"],["width","100%"],["padding","8px 10px"],["background","rgb(0, 0, 0)"],["text-align","center"],["border","2px solid rgb(255, 199, 0)"],["border-radius","3px"],["margin-top","15px"],["line-height","28px"],["font-size","16px"],["font-weight","600"],[""]],"button_5_style":{"0":["float","right"],"1":["text-decoration","none"],"2":["color","#333"],"3":["background-color","rgba(0, 0, 0, 0)"],"6":["background-color","rgba(0, 0, 0, 0)"]},"button_7_style":[["margin","5px 5px 5px 30px"],["border-radius","0"],["padding","8px 25px 8px 25px"]],"accept_close_page_navigation":false,"button_8_button_colour":"#DEDFE0","button_8_button_hover":"#b2b2b3","button_8_link_colour":"#000000","button_8_as_button":"1","button_8_new_win":"","consent_mode":false,"google_consent_mode":false}'; 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