Chairman

RAFAEL DEL PINO CALVO-SOTELO

rafael del pino presidente ferrovial

Civil Engineer (Polytechnic University of Madrid, 1981). MBA (Sloan School of Management, MIT, 1986).

Chairman of Ferrovial since 2000 and CEO since 1992. Chairman of Cintra from 1998 to 2009.

Member of the MIT Corporation, IESE’s International Advisory Board, the MIT Energy Initiative’s External Advisory Board and the MIT Sloan European Advisory Board, and the Harvard Business School European Advisory Board. He is also a member of the Royal Academy of Engineering of Spain.

He has been Director of Zurich Insurance Group, Banesto and Uralita.

Letter from the Chairman

Ferrovial had a positive year in 2017, underpinned by the strong performance of the infrastructure assets, our main source of value creation. The total shareholder returnwas 15.7% in the year. Revenues increased 13.5%, mainly as a result of the growth of the toll roads in North America and the full-year consolidation of Broadspectrum. Net profit reached €454 million, an increase of 20.6%, supported by the contribution from 407 ETR and Heathrow, which are equity-accounted.

Letter from the Chairman (Integrated Annual Report 2017)