Obrascón Huarte Lain S.A./€OHLA

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About Obrascón Huarte Lain S.A.

Obrascón Huarte Lain, S.A. (OHLA) is a Spanish multinational construction and civil engineering company headquartered in Madrid, Spain. The company specializes in infrastructure development, including civil works, building construction, and transportation infrastructure management. Its services encompass engineering, procurement, construction, maintenance, and operation of industrial facilities across sectors such as oil and gas, power, cement, mining, and petrochemicals. OHLA was formed in 1999 through the merger of Obrascón, Huarte, and Construcciones Lain, with origins dating back to 1911. The company operates globally, with a presence in the Americas, Europe, Asia, Africa, and Oceania. OHLA's strategic positioning includes a diversified portfolio and extensive international experience in complex infrastructure projects.

Ticker

€OHLA

Primary listing

BME

Employees

8,811
Headquarters

OHLA Metrics

BasicAdvanced
€610M
-
-€0.05
1.23
-

Bulls say / Bears say

OHLA reported EBITDA up 46% year-on-year to €84M with a 5% margin in H1 2025, showing substantial operational leverage in its core construction division (Europa Press).
The order backlog increased 1.7% year-on-year to €8.63B as of June 30, 2025, providing over 23 months of revenue visibility and supporting future project delivery (EFE via Investing.com).
In May 2025, OHLA completed a €50M rights issue with 1,055% oversubscription, strengthening liquidity after adverse project awards and reinforcing its capital structure (Cinco Días).
OHLA’s industrial division sales fell 53.3% to €82.3M in H1 2025, and the segment’s EBITDA turned negative at -€13.3M, exposing execution and market risks outside its core construction business (Investing.com).
The company posted a net loss attributable of €29.7M in H1 2025, pointing to continued unprofitability even with operational progress (Investing.com).
Moody’s downgraded OHLA’s corporate family rating to Caa1 on June 20, 2025, citing weak and vulnerable liquidity at the holding level, raising refinancing risk (Europa Press).
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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