Ferrovial plans further expansion in airports, infrastructure - Forbes.com

Ferrovial plans further expansion in airports, infrastructure - Forbes.com: "MADRID (AFX) - Grupo Ferrovial SA is planning fresh investments in the airport management and infrastructure sectors, the Wall Street Journal reported, citing the group's CEO Joaquin Ayuso.

WSJ cited Ayuso as saying in an interview last week that the infrastructure market is 'growing very quickly,' adding that construction and management are 'a natural progression for Ferrovial.'

Ayusa said that airports and their management will 'remain a big part of our core business.'

In a presentation last week, Ferrovial said it sees full year sales in 2006 at over 14.0 bln eur after the acquisition of BAA PLC, up by 40 pct from the expected 10.0 bln without the buy, while EBITDA is seen doubling to over 3.0 mln eur."