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Ferrovial holds Shareholders Meeting after a year of strong operating performance and asset rotation

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The shareholders approved the re-election of Rafael del Pino, Chairman of the Board of Directors, as executive director, and of Óscar Fanjul, Vice-Chairman of the Board, as non-executive director

AMSTERDAM, April 24, 2025 /PRNewswire/ — Ferrovial held its Shareholders Meeting this Thursday after a year marked by strong operating results and intensive asset rotation, during which the company’s shares also started trading on Nasdaq.

“2024 has been an important year for Ferrovial. In May, our shares started trading on Nasdaq. This is another step in our internationalization process and shows our commitment to investing in the United States and to the U.S. market. This milestone happened 25 years almost to the day after our initial public offering in Madrid and has been strongly backed by our shareholders,” said Ferrovial’s Chairman, Rafael del Pino, during the Meeting.

Del Pino highlighted the solid performance of all business divisions. In Highways, managed lanes in North America posted strong growth in revenue per transaction, significantly outpacing inflation. The Construction business considerably improved its profitability. In Airports, the New Terminal One (NTO) at JFK International Airport in New York achieved substantial construction milestones in the year and is on track to start operations in 2026.

Ferrovial ended 2024 with an adjusted EBITDA of €1.3 billion in 2024, a 38.9% increase year over year in like-for-like terms, while revenue amounted to €9.1 billion, a 6.7% growth compared to 2023. Net profit amounted to €3.2 billion in 2024, boosted by divestments in mature assets.

During the period, Ferrovial closed the divestment of a 19.75% stake in Heathrow Airport for €2 billion and sold a 5% stake in IRB Infrastructure Developers for €211 million. Also, the company announced an agreement for the sale of its 50% stake in AGS Airports and completed other minor asset sales. Investments were mainly allocated to Highways, as Ferrovial acquired a 24% stake in IRB Infrastructure Trust for €710 million, and Airports, with an equity investment of €469 million in NTO. 

Shareholders distributions

Ferrovial shares ended 2024 at 40.60€, having appreciated 23% in the year, compared with a 14.8% hike on the IBEX 35 index and 28.6% on the Nasdaq. For the same period, the total shareholder return was 25.7%. 

The company distributed €831 million to shareholders in 2024, including €271 million from the share buyback program announced in 2023. In 2025, it aims to distribute €570 million in dividends and share buybacks, plus the announced additional share buyback program of up to €500 million.

Focus on growth in North America

Ignacio Madridejos, Ferrovial’s CEO, explained some of the highlights allowing the company to record a remarkable year. In Highways, all assets in North America distributed dividends. Construction delivered a record order book and an adjusted EBIT margin of 3.9%, surpassing the goal set for the year. In Airports, the NTO reached physical progress of up to 60% by the end of 2024 and reached 16 agreements with airlines, including contracts executed with ten companies and six letters of intent.

In 2024, Ferrovial closed Horizon 24 and kicked off the new strategic plan. Madridejos highlighted the priorities for the coming years during his speech to the Shareholders Meeting, with a focus on sustainable growth and value creation for all the stakeholders: “Our priority is growth in North America, but we will continue exploring opportunities in other regions,” he said.

During the year, Ferrovial cemented its lead in sustainability, being recognized as Europe’s most sustainable company and second worldwide in the Construction and Engineering sector by the Dow Jones Best in Class Indices, where it has been included for 23 consecutive years. Looking ahead, Ferrovial has set a more ambitious carbon emission target aligned with the 1.5°C path approved by the Science Based Target initiative (SBTi). By 2030, it aims to cut direct emissions by 42% and indirect emissions by 25%.

Meeting resolutions

The Shareholders Meeting approved the re-election of Rafael del Pino, Chairman of the Board of Directors, as executive director, as well as the re-appointments of Óscar Fanjul, Vice-chairman of the Board, María del Pino, José Fernando Sánchez-Junco, Bruno Di Leo, Hildegard Wortmann and Alicia Reyes, as non-executive directors.

In addition to the 2024 annual accounts, the shareholders approved the issue of new shares for general corporate purposes and for the purpose of implementing one or more flexible dividends in similar terms to the previous year, the buyback of shares, and the appointment of PricewaterhouseCoopers (PwC) as external auditor and assurance provider for sustainability information, both for the period 2025-2027.

The Shareholders Meeting also approved a new Directors’ Remuneration Policy and gave a favorable advisory vote on the remuneration report and Ferrovial’s Climate Strategy Report.

About Ferrovial

Ferrovial is one of the world’s leading infrastructure companies. The Company operates in more than 15 countries and has a workforce of over 25,000 worldwide. Ferrovial is triple listed on Euronext Amsterdam, the Spanish Stock Exchanges and Nasdaq and is a member of Spain’s blue-chip IBEX 35 index. It is also included in globally recognized sustainability indices such as the Dow Jones Best in Class Index (former Dow Jones Sustainability Index), and all its operations are conducted in compliance with the principles of the UN Global Compact, which the Company adopted in 2002.

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SOURCE Ferrovial

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SellYourWay.org Publishes Expert Insights on How to Handle Partner Conflicts in Small Business Sales

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April 28, 2026

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INDEPENDENCE, Ohio, April 28, 2026 /PRNewswire/ — Today, SellYourWay.org is pleased to announce the publication of, Handling Partner Conflict When Selling Your Business. In this new, exclusive article, Chris Springfield, CBI, CMAA, PMP, Realtor® shares actionable insights on how partner dynamics play a crucial role in shaping the outcome of a small business sale. Chris is the Founder and Principal at Springfield Strategies. SellYourWay.org is an online platform dedicated to the education of small business owners about the business sales process. The site is powered by the International Business Brokers Association® (IBBA) — the largest international, not-for-profit association for Business Brokers.

 

Partner conflict is common during the business sale process. When expectations and differences are not communicated, conflicts can turn acrimonious and disrupt even the strongest deals.

The article explains:

Common Triggers for Partner ConflictsHow Conflicts Can Damage the Sale ProcessSteps to Mitigate and Resolve the Conflict

“Your next chapter in life starts with strategy, specialized guidance and the right deal team in place. Our mission at SellYourWay.Org is empowering small business owners to make informed decisions and get the best results. Professional Business Brokers help sellers prepare for the sale of their businesses and manage the entire process to a successful close — so owners can achieve their personal and financial goals.” – Emily Bowler, Executive Director, IBBA

Get these actionable insights on SellYourWay.Org.

About SellYourWay.Org
The mission of SellYourWay.org is to educate small business owners and the general public about the business sales process and the services that Business Brokers provide. The resources available on the site provide information to help business owners prepare for the successful sale of their businesses.

About the International Business Brokers Association®
Formed in 1984 and with nearly 3,000 members, the International Business Brokers Association® (IBBA) is the largest international not for profit association for Business Brokers. The association provides Business Brokers with education, free benefits, conferences, professional designations, support programs and networking opportunities, and awards the Certified Business Intermediary (CBI)® designation to qualifying Business Brokers. To learn more, contact the IBBA directly at admin@ibba.org.

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Grundfos Pumps India Receives Frost & Sullivan’s 2026 Indian Company of the Year Recognition for Leadership in Sustainable Pumps for Industrial Water

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April 28, 2026

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The recognition highlights Grundfos Pumps India’s market leadership in sustainable pumps, industrial water management, and energy-efficient pumping solutions driven by digitalization and water stewardship.

SAN ANTONIO, April 28, 2026 /CNW/ — Frost & Sullivan is pleased to announce that Grundfos Pumps India Pvt. Ltd. has received the 2026 Indian Company of the Year Recognition in the Sustainable Pumps for Industrial Water category for its outstanding achievements in sustainability-led innovation, strategy execution, and measurable customer impact. This recognition underscores the company’s consistent leadership in advancing energy-efficient pumping systems, strengthening its position in India’s industrial water market, and enabling customers to manage water and energy more responsibly in an increasingly resource-constrained environment.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Grundfos Pumps India excelled in both dimensions, demonstrating a clear ability to align long-term strategic priorities with evolving industrial demand while executing them with discipline, scalability, and consistency. Emphasizing the perspective shared in the assessment, Fredrick Royan, Associate Partner, Sustainability at Frost & Sullivan, said, “Grundfos Pumps India is positioned to shape the next phase of industrial water pumps by combining technological ambition with verifiable sustainability outcomes, transforming water management into a strategic driver of national progress and competitive differentiation.”

Guided by a long-term growth strategy centered on sustainability, digitalization, and application-centric engagement, Grundfos Pumps India has demonstrated strategic agility in adapting global engineering expertise to local industrial realities. The company’s sustained investment in smart pumping technologies, variable-speed solutions, and data-enabled system optimization has allowed it to scale effectively across high-growth industrial sectors in India, including manufacturing, food and beverage, pharmaceuticals, mobility, semiconductors, and energy-intensive process industries.

Innovation remains integral to Grundfos Pumps India’s approach to the industrial water ecosystem. Its comprehensive portfolio of sustainable pumps, pump systems, digital controls, and smart filtration solutions addresses the full lifecycle of industrial water management, from intake and treatment to reuse and discharge. By enabling demand-based pumping, advanced monitoring, and adaptive control, these solutions help customers reduce energy consumption, lower operational costs, and improve system reliability.

“India’s industrial transformation will be defined by how intelligently we manage water. At Grundfos, we see technology not just as an enabler, but as a catalyst for a more resilient and resource‑positive future. By combining advanced pumping intelligence with data‑driven water management, we are empowering industries to move beyond incremental efficiency and embrace system‑level sustainability that safeguards both operational continuity and long‑term competitiveness,” said Shankar Rajaram, Head of Sales, IND Division at Grundfos Pumps India.

Grundfos Pumps India’s emphasis on customer experience reinforces its leadership in sustainable pumps for industrial water. The company supports customers through digital services, optimization programs, repair and lifecycle services, and transparent engagement models that allow users to validate performance before and after deployment. Its application-driven methodology, combined with localized sales and service support across India, enables long-term partnerships built on trust, reliability, and measurable outcomes rather than stand-alone product transactions.

Frost & Sullivan commends Grundfos Pumps India for setting a high benchmark in competitive strategy, execution excellence, and market responsiveness. The company’s ability to integrate smart pumping, digital platforms, renewable energy alignment, and water stewardship is shaping the future of industrial water management in India and delivering tangible economic and environmental value at scale.

Each year, Frost & Sullivan presents the Company of the Year Recognition to an organization that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market performance, customer value, and competitive positioning. The recognition highlights organizations that are redefining industry standards through innovation, excellence in growth, and long-term impact.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognition honors companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com

About Grundfos
Grundfos Pumps India Pvt. Ltd. (Grundfos India) is a 100% subsidiary of Grundfos – Denmark. A global leader in advanced pump solutions and a trendsetter in water technology, the company manufactures more than 16 million pump units annually. The company’s main products include circulator pumps for heating and air-conditioning, as well as other centrifugal pumps for the industry, water supply, sewage, and dosing. The company contributes to global sustainability by pioneering technologies that improve the quality of life for people and care for the planet.

Find out more: http://www.grundfos.com/in

For more information
Please contact: 
Giridhar Raisom | Grundfos
Email: giridhar@grundfos.com
Mobile: +919150071496

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SOURCE Frost & Sullivan

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Amber Premium FZE Secures Virtual Asset Service Provider License from Dubai’s VARA

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April 28, 2026

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DUBAI, UAE, April 28, 2026 /PRNewswire/ — Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium,” the private banking-grade digital wealth management platform of Amber Group serving high-net-worth individuals and leading institutions, today announced that its Dubai subsidiary, Amber Premium FZE, has received a Virtual Asset Service Provider (VASP) License from Dubai‘s Virtual Assets Regulatory Authority (VARA).

The VASP License grants Amber Premium the authority to commence operations and to offer three regulated activities in and from the Emirate of Dubai, including virtual asset (VA) Broker‑Dealer Services, VA Management and Investment Services, and VA Lending and Borrowing Services for global institutional and qualified investors as defined under VARA’s rulebooks.

“Receiving the VASP License from VARA is a milestone in our long-term roadmap for the region. We are deliberate in pacing our expansion with the evolution of global governance,” said Michael Wu, CEO and Chairman of the Board, Amber Premium. “This authorization accelerates our mission to provide institutional-grade digital wealth infrastructure to our clients in the UAE. We remain committed to a compliance-first architecture, ensuring that our growth contributes directly to the integrity and safety of the local financial ecosystem.”

Established under Dubai Law No. 4 of 2022, VARA is the world’s first independent regulator for virtual assets, overseeing the development and supervision of virtual asset activities across the Emirate. The authority plays a pivotal role in shaping Dubai‘s advanced regulatory environment—one that sets global benchmarks for market integrity, investor protection, industry governance, and innovation-driven growth.

About Amber International Holding Limited

Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium,” is a global leading digital wealth management platform. As a private banking grade expert in digital wealth management and a subsidiary of Amber Group, Amber Premium is a trusted partner to high-net-worth individuals and leading institutions, delivering institutional-grade market access, execution infrastructure, and investment solutions. The firm is set to redefine the digital wealth management landscape, serving as a proven Nasdaq-listed gateway to digital assets. Learn more at www.ambr.io.

Media Contacts

Amber International Holding Limited
E-mail: pr@ambr.io

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SOURCE Amber International Holding Limited

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