Obrascón Huarte Lain, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 07:16 pm
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Obrascón Huarte Lain, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 1,452.41 million compared to EUR 1,312.33 million a year ago. Revenue was EUR 1,509.79 million compared to EUR 1,345.72 million a year ago. Net loss was EUR 60.74 million compared to net income of EUR 75.4 million a year ago. Basic loss per share from continuing operations was EUR 0.1 compared to basic earnings per share from continuing operations of EUR 0.26 a year ago. Diluted loss per share from continuing operations was EUR 0.1 compared to diluted earnings per share from continuing operations of EUR 0.26 a year ago.
Obrascon Huarte Lain SA (OHL) is a Spain-based company engaged in the construction and engineering sectors. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. It is controlled by Grupo Villar Mir SAU.
OBRASCÓN HUARTE LAIN, S.A. 
