OHLA recorded a net loss of 7.8 million euros in the first quarter of the yearThat’s 35% lower than the €12 million negative result it achieved in the same period of 2022, as the company reported to the National Securities Market Commission (CNMV) this Thursday.
Group sources told Europa Press that first-quarter results were in line with the company’s expected margin and sales consolidation, and attributed the reduction in losses to business growth. at its best margins And to cost control Made by OHLA.
The infrastructure group disclosed that its financial information for the first quarter considers service activity as an interrupted activity. leave this business, as announced last February. According to sources from the group, this divestiture is expected to be completed this year.
OHLA’s gross operating result (Ebitda) Increased 39.9% between January and March Compared to the same period in 2022, it reached 20 million euros, while its net operating result (EBIT) fell 64.8% to 6.3 million euros.
Group sales in the first three months of the year amounted to 637.5 million euros, 16% more than the sales recorded between January and March 2022. 76.1% of total sales come from OHLA’s operations abroad.
In particular, by geographical regions, Europe represented 44.3% of the company’s sales; North America accounted for 38%; Spain focused on 23.9% of turnover and Latin America on 17.4%.
OHLA stressed that first-quarter results highlight the progress of the business, and Ebitda confirms ‘good trend’ margin in the case of construction, in sales reaching 4.5% in the first quarter.
(((THE WILL BE EXTENSION)))