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Spain's Ferrovial says Q1 core profit up 14.2 pct

Reuters - UK Focus

MADRID, April 30 (Reuters) - Spanish infrastructure and services operator Ferrovial reported a 14.2 percent rise in core profit on Thursday, buoyed by traffic growth on its toll roads and at London's Heathrow airport, as well as a weak euro.

Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 210 million euros, while net profit rose 81 percent to 118 million euros.

The group also announced a share buyback worth 250 mln euros. (Reporting By Elisabeth O'Leary; Editing by Julien Toyer)