Strong Toll Roads Performance
The Toll Roads division experienced strong double-digit growth in revenue and EBITDA. The U.S. Toll Roads showed revenues and EBITDA growth in excess of 20%.
Record-Breaking Numbers in Airports
Heathrow Airport reported record-breaking passenger numbers. AGS airports reported strong growth with revenue growing at a high-single digit and adjusted EBITDA above 20%.
Construction Profitability Improvement
Construction had another quarter of profitability improvement with a 3.9% EBIT margin over the first nine months of 2024. The order book is at peak levels.
Dividends and Proceeds from Asset Sales
Received dividends from infrastructure assets totaling €490 million, including the first dividend from the I-77. Proceeds from asset sales: €211 million from IRB, €176 million from the divestment of Amey Vendor loan, and €40 million from Serveo.
Significant Shareholder Distributions
Shareholder distributions, mainly buybacks, totaled €749 million. An additional buyback program for a maximum amount of €300 million was announced.