These achievements were highlighted during the Annual General Shareholders’ Meeting by OHLA Chairman Luis Amodio, who reviewed the company’s progress over recent years. Amodio stated that OHLA is currently experiencing “its strongest position in recent years” and emphasized that the company’s current standing is the result of the work carried out over the past few years, consolidating OHLA as “one of the most resilient and competitive global infrastructure groups.” 

In this regard, Amodio underscored the significant financial efforts made by the company in recent years. He recalled that OHLA has repaid €563 million of debt, reducing its leverage ratio from 11.3x EBITDA to 1.7x EBITDA. “Reducing debt will continue to be a non-negotiable strategic priority,” he said. 

The Chairman also highlighted the progress achieved in corporate governance, noting that “in recent years, our Board of Directors has undergone a significant transformation, consolidating a robust governance model fully aligned with the highest standards of corporate governance.” 

Amodio also stressed that this transformation has been carried out while maintaining a firm commitment to the Group’s minority shareholders. “We have undertaken this entire process with one very clear premise: to pay particular attention to protecting our minority shareholders,” he said. In this regard, he added, “From the outset, we have been guided by one unwavering principle: preserving an appropriate balance between the company’s transformation needs and the interests of those who have placed their trust in this project.” 

Following the Chairman’s address, OHLA Chief Executive Officer Tomás Ruiz reaffirmed the Group’s ability to consistently deliver on its commitments. He stated that OHLA is “a company that delivers on the objectives it sets for itself and has demonstrated, clearly and unequivocally, its ability to navigate demanding environments and emerge stronger, as it has consistently done over the past five years.” 

Ruiz also highlighted that one of OHLA’s key strategic assets is its project backlog. “If there is one element that represents one of this company’s greatest strengths, it is undoubtedly our project backlog,” he said. According to Ruiz, the progress achieved in recent years has not been limited to quantitative growth but has also been accompanied by a substantial improvement in the quality and composition of the portfolio, which is now more balanced, diversified and resilient, reinforcing the Group’s capacity for sustainable growth and providing greater visibility over future activity. During his address, Ruiz also emphasized that the company is entering this new phase from a position of operational and financial strength. He noted that the construction business is currently delivering margins close to 7%, with further margin improvement remaining one of the Group’s main strategic objectives. Finally, the CEO announced that OHLA has already received the outstanding €40 million payment related to the Doha Metro project.