Q1 18: hit by the BHM provision, Ferrovial remains value destroying
21/05/18 -"With a ROCE expected of below 6.5% against a WACC of 7.6%, Ferrovial is a value-destroying company. With the £-208m provision (€-237m) registered for the Birmingham contract (BHM) in Services, one ..."
Pages
55
Language
English
Published on
21/05/18
You may also be interested by these reports :
09/05/24
Since our last Teaser on the stock, ACS’s (Buy; Spain) share price has surged by 29%, reflecting the market’s favourable response to the ...
03/05/24
We have incorporated the lower-than-estimated FY23 results into our model, as the costs reported by the company exceeded our estimates. For the ...
02/05/24
BAM reported negative Q1 results, with certain projects experiencing cost overruns and delays in core markets. Despite encountering operational ...
29/04/24
ADP has released a Q1 sales update that surpassed market forecasts. The robust performance in international traffic enabled the company to achieve ...