Obrascon Huarte Lain SA (MEX:OHL)
MXN 6.39 0 (0%) Market Cap: 8.47 Bil Enterprise Value: 5.28 Bil PE Ratio: 0 PB Ratio: 0.54 GF Score: 47/100
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Q2 2024 Obrascon Huarte Lain SA Earnings Call Transcript

Jul 29, 2024 / 04:00PM GMT
Release Date Price: MXN6.83
Tomas Jose Ruiz Gonzalez
Obrascon Huarte Lain SA - Corporate General Manager

Good afternoon, ladies and gentlemen. My name is Tomás Ruiz, and I am the Managing Director of OHLA Group. In the room with me are Mr. José María Sagardoy, CFO; and Mr. Pedro Arellano, Head of Investor Relations.

Before going through the operational results of this quarter by division in detail, I would like to share some key points regarding the group's performance during this past semester. Let me advance to you that the operational results are in line with the forecast to reach the final year objectives we have set.

At the operational level, all our total sales amounted to EUR1.7 billion, 21.8% higher than in the same period of the previous year. EBITDA stands at EUR57.5 million, 13.2% above the figure of the same period of the previous year, with margins in the construction and industrial divisions of 4.2% and 4.3%, respectively.

This set of results demonstrate the good performance of the business and serve as a basis to continue working on the consolidation process of the company. These

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