Ferrovial highway revenue boosted by pre-tariff US traffic

Ferrovial highway revenue boosted by pre-tariff US traffic

By Corina Pons MADRID (Reuters) – Motorway and airports operator Ferrovial had a surprise first-quarter revenue bump from freight traffic on toll roads in the United States and Canada, probably related to imports in anticipation of sweeping U.S. tariffs, its CFO told Reuters. The Spanish company’s revenue surge despite adverse winter weather follows a wider trend of increased commercial activity at U.S. ports and roads that preceded U.S. Preside…

US Consumers Dismiss Tariffs, Send Watches of Switzerland Revenue Soaring

Revenue at Watches of Switzerland rose for the full year as US consumers spent in force following a brief pause after the initial tariff announcement.  Group sales rose 7% to GBP 1.65 billion ($2.21 billion) for the 12 months that ended April 27, the UK-based company reported last week.  Revenue in the UK and Europe grew 2% to GBP 866 million ($1.16 billion), while sales in the US increased 14% to GBP 786 million ($1.05 billion), with strong dem…