Obrascon Huarte Lain SA
MAD:OHLA
Obrascon Huarte Lain SA
Obrascón Huarte Lain SA engages in the operation of administrative infrastructure concessions and construction. The company is headquartered in Madrid, Madrid. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. The company is controlled by Grupo Villar Mir SAU.
Obrascón Huarte Lain SA engages in the operation of administrative infrastructure concessions and construction. The company is headquartered in Madrid, Madrid. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. The company is controlled by Grupo Villar Mir SAU.
Sales Growth: OHLA Group reported first-half 2025 sales of EUR 1.69 billion, excluding the Services division.
Profitability: EBITDA rose to EUR 84 million, up 46% year-over-year, with an improved margin of 5%.
Guidance Affirmed: Management reiterated full-year 2025 EBITDA guidance of EUR 175 million, including Services.
Strong Backlog: New contracts totaled EUR 2.22 billion, boosting the group's order book to EUR 8.63 billion.
Restructuring: A new cost-saving plan aims to cut structural costs by EUR 40 million over 18 months.
Legal & Governance: Major legal risks like the Sidra arbitration have been resolved, and the Board has been strengthened with 5 new independent members.
Services Division: Under restructuring, with a sale expected in late 2026.
Debt & Leverage: Successful recapitalization reduced leverage to 2.2x, and capital increases offset past negative events.
