Ferrovial has decided to classify its entire services division as “held for sale.” The division is a global leader in designing, maintaining, operating and managing infrastructures.
Its operations cover everything from transportation infrastructure and natural resource management to utilities and facility management. During the last fiscal year, Ferrovial Servicios generated 6,785 million euros in sales and managed a portfolio valued at more than 19,000 million euros. Ferrovial Services is one of the largest and most diversified multinational service companies for infrastructure and cities.
With the brand Ferrovial Services, we have become a world-renowned operator with a solid presence in the United Kingdom, Spain, Australia, the United States and Chile. Our most prominent and recent operations include: the maintenance of facilities and military bases of the Ministry of Defense of the United Kingdom; road maintenance in Ottawa and York, Canada; maintenance of Australia’s largest refinery with BP Kwinana; and starting up bike sharing services in Barcelona, Spain.
On December 31, 2018, we decided to classify our entire services division as “held for sale.” The decision was taken after reviewing our strategy and deciding to focus on developing transport infrastructure.
The significant event related with the divestment process has already been communicated to the National Securities Market Commission (CNMV) of Spain. As noted in the significant events, we have recognized a charge of 774 million euros to Amey, our UK subsidiary.
Check this link to the new Ferrovial Servicios website to stay up-to-date on our current and future activity.
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