Dario Maglione's questions to Ferrovial SE (FER) leadership • Q1 2025
Question
In a follow-up question, Dario Maglione asked about the long-term outlook for the 407 ETR's Schedule 22 payment, questioning whether it would eventually stop or if it should be considered a long-term cash outflow.
Answer
Executive Ernesto Lopez Mozo stated that Schedule 22 payments should be expected to continue for the coming years. He explained that the payments are necessary to maintain the quality of the service and travel speed on the 407, which is a core part of its value proposition, and that preventing over-congestion requires these payments.