Spain · Delayed Price · Currency is EUR Obrascón Huarte Lain Earnings Call Transcripts
Fiscal Year 2026
-
Strong margin and profitability gains in H1 2026, with EBITDA up 39% year-over-year and net profit rebounding from prior losses. Major legal contingencies resolved, liquidity improved, and guidance for 2026 reaffirmed.
Fiscal Year 2025
-
2025 marked a decisive year with record debt reduction, strong sales and EBITDA growth, and a return to profitability. Major legal uncertainties were resolved, governance was strengthened, and the order book reached an all-time high, supporting a positive outlook for 2026.
-
Sales reached €1.69B and EBITDA €84M in H1 2025, up 46% year-over-year, with strong construction margins and a robust order backlog. Recapitalization, capital increases, and major legal wins have improved financial stability, while guidance for 2025 remains on track.
Fiscal Year 2024
-
2024 results exceeded all targets, with sales up 16% and EBITDA up 11.3% year-over-year. Leverage ratio dropped to 2.2x EBITDA, supported by a successful EUR 150 million capital increase and major debt reduction. 2025 guidance targets further growth and profitability.
-
Sales and EBITDA saw double-digit growth year-over-year, with record order intake and backlog supporting future performance. Asset sales and a planned capital increase aim to further reduce leverage and strengthen the balance sheet.