MADRID – 16 May 2025 – OHLA, a global infrastructure company, has successfully completed a €50 million capital increase, which was 100% covered through subscriptions received during the offer period and significant oversubscription, with no need to activate an additional tranche. 

The oversubscription recorded in this capital increase is, in the view of the company, a clear sign of market support for OHLA’s corporate strategy and ongoing Business Plan. This strong response, which significantly exceeded the initially planned volume, confirms investor confidence in the company’s future performance and strengthens the path of stability and growth set out in the roadmap previously communicated to the market.

The Business Plan aims to exceed €5 billion in revenue, double the current cash generation, and achieve an EBITDA of over €300 million by 2029. This growth is driven by a business model focused on higher value-added and more profitable activities.

Among the key pillars supporting this growth is the company’s commitment to the concessions business in strategic markets such as the United States, Latin America, and Central Europe. Growth in the concessions area will be further supported by OHLA’s strong position in the U.S. market, where the current project backlog has reached a record €4 billion, with potential sales growth of up to 80%.

To support this expansion, OHLA has launched an Operational Efficiency Improvement Plan aimed at reducing costs by approximately €40 million during its implementation period. The plan includes enhanced organizational processes, stricter project controls, and purchasing optimization, among other measures.

This capital increase comes at a time of growth for OHLA in its core markets. Since 2019, the company has shown steady improvement in its main financial indicators, doubling its EBITDA, reducing its leverage ratio from over 11 times to 2.2, repaying €534 million in debt, and increasing its backlog from €5.5 billion to a record €9.2 billion.