Fri 07/16/2021 08:20 AM
Relevant Documents:
Annual Report 2020
Ferrovial 2020 Annual Report
Ferrovial Q1 2021 Report
The stalled sale of U.K. outsourcer Amey continues to weigh on its financial strategy and long term credit worthiness. With £168 million of undrawn credit lines, the company’s liquidity appears adequate for the near term but these credit lines mature in 2022 and visibility is poor amid mounting costs from troubled contracts and reduced margins in the wake of the Covid-19 pandemic.
Spanish...
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