Obrascón Huarte Lain (OHLA) | News Based Sentiment Analysis

• On July 30, 2025, OHLA reported its first-half 2025 results, showing a modest 1.8% decrease in sales to €1,689.5 million compared to the same period in 2024. However, the company achieved a significant 46.3% increase in EBITDA, reaching €84.1 million, and improved its EBITDA margin to 5.0% – a substantial jump from 3.3% the previous year. This demonstrates OHLA’s ability to improve profitability even with slight revenue dips.
• Despite the positive H1 2025 results, OHLA’s stock experienced some volatility. On September 11, 2025, the stock traded at €0.395, with a 52-week range of €0.249 to €0.538, indicating price fluctuations. Earlier in the month, on September 1st, the price fell by 1.85% to €0.3970, and on September 2nd, it decreased by over 1.01% to €0.393.
• OHLA continues to expand its project portfolio, having secured a €157.6 million contract on September 2, 2025, to construct the 1.5km-long Gjønnes Tunnel in Norway. This project, expected to be completed in late 2029 or 2030, includes environmentally friendly features and aims for a BREEAM Infrastructure – level Excellent certification, showcasing OHLA’s commitment to sustainable infrastructure.
• OHLA’s financial position was bolstered by a €50 million capital increase completed in February 2025 and a favorable arbitration ruling of €269.7 million, both reported on July 30, 2025. These developments, combined with a reorganization plan targeting €40 million in structural cost reductions, demonstrate proactive financial management.
• Analysts remain optimistic about OHLA, forecasting an 80.6% earnings growth rate and a 112.36% EPS growth rate, as of September 8, 2025. They also project a 4.9% annual revenue growth rate. A price target of €0.48 was indicated on July 3, 2025, representing a 7.5% increase from a previous target.
• As of June 30, 2025, OHLA’s order book stood at €8,627.6 million, a 1.7% increase from the end of 2024. This healthy order backlog provides visibility into future revenue streams and supports the company’s growth projections.
• OHLA’s Q2 2025 loss per share improved to €0.004, a significant improvement compared to the €0.041 loss per share in Q2 2024, as reported on September 8, 2025. This indicates a positive trend in reducing losses and improving overall financial performance.

The Investment Story: September was a month of continued progress for OHLA, marked by strong first-half results, a significant contract win, and positive analyst sentiment, despite some stock price volatility. The company is demonstrating its ability to secure major projects and improve its financial performance.

What It Means for Investors: Investors should view OHLA as a cautiously optimistic investment. The improved financials, growing order book, and positive analyst forecasts suggest a positive trajectory. However, the stock’s volatility warrants monitoring, and investors should be aware of potential fluctuations.

Looking Ahead: Investors should closely watch for OHLA’s Q3 2025 earnings report scheduled for November 13, 2025, to assess the continuation of its positive momentum. Monitoring the stock’s performance and any further developments in its reorganization plan will also be crucial.

The Bottom Line: OHLA appears to be on a path of growth and improved profitability, supported by its international expansion, financial discipline, and a healthy order backlog. While short-term stock price fluctuations may occur, the company’s long-term prospects look promising, making it a potentially attractive investment for those seeking exposure to the global construction market.