OHLA, a global infrastructure company, closed the first three months of 2026 with solid growth in its main operating metrics. In this context, the Group posted a net profit of €7.8 million in the first quarter of the year, a result primarily underpinned by the strong performance of its project portfolio, which now exceeds €10 billion, as well as by the effectiveness of its structural cost-optimization plan and improved operating margins.

In addition, EBITDA rose significantly to €48.3 million at the end of the period, representing an increase of more than 90% compared with the first quarter of 2025. This progress was driven to a large extent by the strong performance of the Construction Division, whose EBITDA amounted to €46.1 million, up 43.2%. Total Group revenues, in line with the first quarter of the previous year, reached €914.7 million. These figures include the activity of the Services Division.

Total order intake for the Group in the quarter reached €1,193.5 million (+48.2%), bringing the book-to-bill ratio to 1.3x, driven by the award of high value-added projects, most notably the New Málaga Hospital, one of the largest healthcare infrastructure projects currently under development in Spain. In the short term, the order book stood at €8,414.0 million, representing 29.3 months of revenue coverage, improving on the 28.2 months recorded in December 2025.

Thanks to this momentum in contracting, the Group increased its project portfolio to €10,061.1 million, a figure that is almost double the amount recorded at the end of 2019, when it stood at around €5.5 billion, and which clearly reflects the significant transformation process OHLA has undergone in recent years. This evolution has not only translated into quantitative growth, but also into a substantial improvement in the quality of the portfolio and its diversification in terms of size, geography, and project type.

Subsequent to the close of the first quarter, OHLA assumed sole ownership and independent, comprehensive management of Galería Canalejas Madrid. Sole ownership of this asset will enable more agile, growth-focused management, reinforcing its position as one of Madrid’s leading luxury retail destinations.