Ferrovial announce 3Q2009 financial results
In comparison with the same period in 2008, the first nine months of 2009 were affected at the Revenue level (-7.6%) and at the EBITDA level (-2.0%) by exchange-rate movements (euro appreciation against sterling of 13%, 2% against the Canadian dollar and 29% against the Polish zloty). Excluding the currency effect, Revenues eased a little (-2,0%), EBITDA rose 7.4% and
EBIT 7.0%. Both consolidated EBITDA and EBIT margins improved thanks to the positive performance at the Airports division.
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