)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Obrascón Huarte Lain
Obrascón Huarte Lain (OHLA) investor relations material
Obrascón Huarte Lain Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary13 Aug, 2026
Executive summary
Achieved strong improvement in operating margins and profitability indicators in the first half of 2026, continuing positive trends from previous quarters and years.
Progressed on strategic objectives, reaffirming operational solidity and capacity for growth and value creation.
Resolved major historical contingencies, notably the Flaggers case and M-12 motorway litigation, reducing uncertainty and strengthening business visibility.
Sales rose 3.5% year-over-year to €1,749.0M, with EBITDA up 14.3% to €96.1M and EBIT up 25.3% to €57.9M, reflecting improved margins and operational efficiency.
The Services business is classified as discontinued following a strategic divestment decision.
Financial highlights
EBITDA from ongoing activities (excluding Flaggers impact) reached EUR 116.9 million, up 39% year-over-year, with a margin of 6.7%.
Recurrent EBIT was EUR 78.7 million, up 77.3% year-over-year, with a margin of 4.5%.
Total sales, including services division, were EUR 2.035 billion, up 3.4% year-over-year.
Net borrowings reduced to €-343.3M from €-489.1M at year-end 2025.
Liquidity position at end of H1 2026 was EUR 711.3 million, up from EUR 613 million at Q1 end.
Outlook and guidance
Reiterated 2026 objectives and business plan commitments, confident in achieving targets.
Full-year 2026 forecasts maintained despite temporary litigation impacts.
Guidance for 2026 ratified; no forward guidance for 2027 or beyond provided.
Structural cost-saving plan continues to support margin improvement.
Cash impact from Flaggers litigation expected to be offset in 2H26 or early 2027.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Obrascón Huarte Lain
- EBITDA jumped 67.4% and net profit turned positive, with strong order book growth.OHLA
Q1 2026 - Record debt reduction, EBITDA growth, and legal clarity set up a strong 2026 outlook.OHLAQ4 2025
- EBITDA surged 30% to €113M as recapitalisation and cost controls offset lower sales.OHLAQ3 2025
- EBITDA rose 46.3% to €84.1M, leverage fell, and legal risks were reduced in H1 2025.OHLAQ2 2025
- EBITDA margin improved and leverage reduced, but net loss widened on recapitalization costs.OHLAQ1 2025
- Revenue up 17.4% to €2.65bn, but net loss of €58.3m amid recapitalization and asset sales.OHLAQ3 2024
- Sales up 21.8% to EUR 1.72B, but net loss and capital increase mark a shift to deleveraging.OHLAH1 2024
- Sales up 16%, EBITDA up 11.3%, leverage down, and €150M recapitalization completed.OHLAQ4 2024
Next Obrascón Huarte Lain earnings date
Q3 202617 Nov, 2026
Obrascón Huarte Lain
Next Obrascón Huarte Lain earnings date
Q3 202617 Nov, 2026
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Obrascón Huarte Lain, S.A., also known as OHLA, is a Spanish multinational construction and civil engineering company. Founded in 1999, OHLA has a diverse portfolio that includes infrastructure construction, commercial property development, homebuilding, and the operation and management of toll roads and other transportation concessions. It has a significant presence in various international markets, undertaking projects in the Americas, Europe, Asia, Oceania, and Africa. The company's services encompass a wide range of sectors, including civil works, building services, and transportation infrastructure management. OHLA also provides engineering, procurement, operation, construction, maintenance, and installation services for industrial facilities. The company is headquartered in Madrid, Spain, and its shares are listed on the Madrid Stock Exchange.