Question Deck: Jefferies Infrastructure & Transport Summit

Research evidence excerpt

Question Deck: Jefferies Infrastructure & Transport Summit

EUROPE | Infrastructure EquityMayResearch19, 2026

Question Deck: Jefferies Infrastructure &

Transport Summit

Heading back into conference season, we have updated our question pack

across 17 Infrastructure stocks under European coverage, and ahead of our

own 2026 Jefferies Infrastructure & Transport Summit. This year we will

be hosting 12 infrastructure and industrial companies. See below for Quick

Hits across the coverage, and see inside for key debates and longer form

prep packs.

DG. French political risk; Slowing earnings growth; Capital allocation priorities.

FGR. French political risk; European/German Infra opportunity; Getlink stake.

GET. Upside to shareholder returns; Capex cycle; Energy market volatility.

FER. Pricing elasticity; Competitive advantage for new MLs; Cash returns.

ACS. Sustainability of DC demand; Upside on greenfield pipeline; Bolt-on M&A.

HOT. Sustainability of DC demand; Premium Valuation; Synergy potential.

SKAB. Swedish Resi Outlook; CRE Divestments; US Construction margin upside.

BBY. New CEO priorities; US Construction Outlook; UK Power market upside.

POS. Poland Opportunity; German Construction Outlook; Shareholder Returns.

ADP. ERA negotiations; International performance and monetization.

AENA. Returns under DORA III; Return on Capex; Dividend growth outlook.

FRA. Opex inflation and FCF trajectory; Shareholder Returns; Traffic outlook.

FHZN. Noida commissioning; International Platform; Traffic and retail momentum.

CLNX. MNO Consolidation; Organic Earnings Growth; FCF generation and returns.

INW. Legal Disputes with Anchors; Organic Growth; Capital allocation priorities.

HTWS. Organic growth opportunities; Macro Outlook; FCF and Shareholder Distributions.

ADPORTS.