Intermoney | OHLA (OHLA) (Buy, Target Price €0.70) announced on Thursday after the market closed that, in the award to terminate the joint venture contract in which the company controlled 55% with the State of Qatar for the construction of the Sidra hospital, the joint venture will ultimately have to pay around €900,000, meaning that OHLA’s outlay will be around half a million euros. In July this year, the Arbitration…
Intermoney | 9M25 results – EBITDA is up 30% in line with Intermoney’s estimate. OHLA (OHLA) (Buy, Target Price €0.70) announced its results for September 2025 on Thursday after the market closed, without holding a conference call on this occasion. Revenues fell slightly by 2% to €2.571 billion, very much in line with our forecasts (2%), while EBITDA (up 30% to €113 million) also differed little from our estimate (€114…
CdM | OHLA (OHLA) informed the Spanish National Securities Market Commission (CNMV) on Friday that it has reached an agreement in principle with Mohari Hospitality — a global investment firm specialising in the luxury hotel sector — for the division of the Canalejas Complex asset, an agreement that the company describes as ‘positive for both parties’. According to the statement, OHLA will retain ownership of the Canalejas Gallery and the…
Link Securities | A consortium led by OHLA (OHLA) and including Andalusian companies Sando and Valterra is the virtual winner of the contract to build the new Malaga Hospital and the concession contract for the new car parks associated with the health centre, according to a report in Expansión on Wednesday. The project involves an investment of more than €500 million, making it one of the largest in Spain this…
Intermoney | OHLA (OHLA) (Buy, Target Price €0.7/share) announced on Monday, after the market closed, that the rating agency Fitch has reinstated its coverage of the stock, assigning it a rating of B-. According to Europa Press, the agency highlights an improvement in the financial structure of the company, which has achieved a reduction in its debt, as well as an extension of the maturities of the remaining debt, a…
Link Securities | OHLA (OHLA), through OHLA USA, its subsidiary in the United States, has been awarded two projects in Florida worth more than $550 million, thereby strengthening its solid presence in the state’s infrastructure sector. The first, awarded by Miami-Dade County, commissions OHLA USA to execute Phase I services of the North Retaining Wall Relocation Programme at Piers 1–6 of the Port of Miami. This critical infrastructure initiative will…
Link Securities | OHLA (OHLA) updated the National Securities Market Commission (CNMV) with information regarding the recapitalisation process of OHLA and its subsidiaries, which includes the modification of the terms and conditions of the senior secured bond issue of OHL Operaciones, S.A.U. EUR €487,266,804 Split Coupon Senior Secured Notes due 2026 (of which €440,405,980.55 in principal is outstanding) (ISIN: XS2356570239 / XS2356571120), the partial amortisation of the Bonds and the…
Intermoney | Last Friday, with the market open, OHLA (OHLA) (Hold, Target Price under review) informed the National Securities Market Commission (CNMV) of the result of the capital increase with rights, of up to 320 million shares at $0.25 each, in which these had been trading on the stock exchange between 13 and 27 January. Finally, a total of 315,481,376 new shares were subscribed in this pre-emptive subscription period, representing…
Link Securities | In connection with the Consent Solicitation process addressed to the holders of the Senior Secured Notes issue (€487,266,804 Split Coupon Senior Secured Notes due 2026) of OHL Operaciones, S.A.U. (the Issuer) (ISIN: XS2356570239 / XS2356571120) for the approval of the agreements contained in the consent solicitation memorandum published by the Issuer on 2 December 2024, OHLA (OHLA) informed that on Monday the Consent Solicitation process has been…
Alphavalue / Divacons | The construction company received the backing of more than 93% of its debt bondholders to implement the group’s recapitalisation plan, which aims to improve its financial situation, ensure the sustainability of its debt by progressively reducing its indebtedness and strengthen its capital structure. The construction company informed the Spanish National Securities Market Commission (CNMV) yesterday that, with this level of adhesions, it has ‘sufficient majority’ to…