Ferrovial N.v. · BME:FER

Ferrovial — Q1 2022 Earnings Presentation

18 slides from Ferrovial's earnings presentation, May 5, 2022

  1. Slide 1: 1Q2022 Financial Results

    1Q2022 FINANCIAL RESULTS Pic: I-66 Corridor 5 May 2022 May 2022 1

  2. Slide 2: Disclaimer

    192022 financial information includedin this presentation has been impacted by the COVID-19 outbreak, which affects the company’s performance since the second half of March 2020. Given the uncertainty regarding the speed and extent of the resumption in activity, it is not possible to predict how the

  3. Slide 3: 1Q2022 Overview

    1Q2022 OVERVIEW • Toll Roads: strong revenue growth from US assets despite Omicron and weather impacts. 407ETR highly impacted by Omicron but showing improvements as restrictions eased. • Airports: despite a slower start to the year, demand recovered strongly in March following the removal of UK tra

  4. Slide 4: Revenue and EBITDA

    • Revenue EBITDA • • • • Picture: NTE • • • May 2022 4 4

  5. Slide 5: 407 ETR: Significant Financial Growth

    407 ETR SIGNIFICANT FINANCIAL GROWTH 1Q2022 PERFORMANCE • • DIVIDENDS • FINANCIAL POSITION • • SCHEDULE 22 • ✓ ✓ • Picture: 407 May 2022 55

  6. Slide 6: Toronto Mobility Highly Impacted by Omicron and Weather Conditions

    TORONTO MOBILITY HIGHLY IMPACTED BY OMICRON AND WEATHER CONDITIONS 407ETR PERFORMANCE VS. 2019 (VKT) LOW RETURN TO THE OFFICE** Worse weather conditions in Impact from March Omicron & new mobility • restrictions • EVOLUTION OF 407, MAIN ALTERNATIVES & URBAN TRANSIT* (VS. 2019) May 2022 6

  7. Slide 7: Toronto Corridor Continues to Attract New Companies and Urban Developments

    TORONTO CORRIDOR CONTINUES TO ATTRACT NEW COMPANIES AND URBAN DEVELOPMENTS Recent Announcements Record-breaking year for Oshawa construction, 404 Ontario Building 40,000 More Homes notably in residential (26 January 2022) Near Transit in York Region (20 April 2022) Brampton boom: Development spike 4

  8. Slide 8: DFW Managed Lanes: Double Digit Rev/Transaction Growth

    DFW MANAGED LANES DOUBLE DIGIT REV/TRANSACTION GROWTH TRAFFIC IMPACTED BY OMICRON & SEVERE WEATHER CONDITIONS BUT RECOVERY WAS SWIFT 1Q2022 PERFORMANCE (VS. 1Q2021) AVG REVENUE PER TRANSACTION Picture: NTE35W • May 2022 8 8

  9. Slide 9: Managed Lanes: Revenue Outperformance vs. Pre-Covid Levels

    MANAGED LANES: REVENUE OUTPERFORMANCE VS. PRE-COVID LEVELS IN ALL ASSETS TRAFFIC & REVENUE RECOVERY (INDEX 100 = FEB 2020*) NTE 35W: NTE: LBJ: I-77: Traffic Revenues May 2022 9

  10. Slide 10: DFW: Attractive Area for Business

    DFW: ATTRACTIVE AREA FOR BUSINESS SAMPLE OF HQs RELOCATIONS TO DFW: • MAJOR HQS RELOCATIONS IN DFW: • • Picture: Dallas Regional Economic Development Guide 2022 (Dallas Regional Chamber) May 2022 10

  11. Slide 11: I-77 Revenues Growing on Higher Toll Rates

    I-77 REVENUES GROWING ON THE BACK OF HIGHER TOLL RATES 1Q2022 PERFORMANCE vs 1Q2021 REVENUES • • • TRAFFIC • REGION UPDATE • Pic: I-77 • • May 2022 11 11

  12. Slide 12: Heathrow: March Traffic Highest Since Start of Pandemic

    HEATHROW MARCH TRAFFIC: THE HIGHEST SINCE THE START OF PANDEMIC TRAFFIC PASSENGERS 5.5 5 4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 ene-22 ene-21 may-21 may-20 ago-20 nov-20 dic-20 oct-20 ago-21 oct-21 nov-21 dic-21 feb-20 sep-20 feb-21 abr-21 jun-21 jul-21 sep-21 abr-20 jun-20 jul-20 feb-22 mar-20 mar-21 mar-22

  13. Slide 13: AGS: First Signs of Recovery

    • • • • 0.2 0.4 0.6 0.8 0 1 feb-20 AGS mar-20 TRAFFIC LIQUIDITY abr-20 may-20 jun-20 jul-20 May 2022 ago-20 sep-20 1Q 2022 PERFORMANCE oct-20 nov-20 dic-20 ene-21 FIRST SIGNS OF RECOVERY feb-21 mar-21 abr-21 may-21 jun-21 PASSENGERS (monthly traffic) jul-21 ago-21 sep-21 oct-21 nov-21 dic-21 ene-22

  14. Slide 14: Construction Order Book at All Time High

    CONSTRUCTION ORDER BOOK AT ALL TIME HIGH 1Q2022 PERFORMANCE • ORDER BOOK • • • OUTLOOK 2022 • • May 2022 14 14

  15. Slide 15: Main Consolidated Figures and Net Debt Evolution

    MAIN CONSOLIDATED FIGURES (LfL VARIATION vs. 1Q2021) 83% of EBITDA from the US NET DEBT EVOLUTION (EX-INFRASTRUCTURE) INCLUDING DISCONTINUED ACTIVITIES May 2022 * EBITDA excludes contribution from projects, but it includes EBITDA from discontinued activities. 15

  16. Slide 16: Pic: D4R7 Slovakia

    • • • • • ✓ ✓ Pic: D4R7 Slovakia May 2022 16 16

  17. Slide 17: Q&A

    Q&A May 2022 17 17

  18. Slide 18: Investor Relations

    For a world on the move INVESTOR RELATIONS DEPARTAMENT Ferrovial Corporacién, S.A. Principe de Vergara, 135 28002 Madrid (Spain) Tel. +34 91586 2730 Fax +34 91586 28 69 e-mail: [email protected] website: www.ferrovial.com Momber of Powered by the S&P Global CSA Sustainability Award S&P Global CLIMATE

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