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OHL increases its losses to 20.1 million in the quarter due to exchange rates



OHL's net attributable profit in the first quarter of the year was -20.1 million euros, compared to -7.3 million euros in the same period of 2020, and has been negatively affected by the evolution of the exchange rate at -10.1 million euros in the first three months of 2021.

Sales for the period totaled 595.1 million euros, -9.2% compared to the first quarter of 2020, due to the effect produced by the pandemic in the recruitment of 2020 and its impact on the production of the first trimester. EBITDA stands at 14.0 million euros (+ 2.9%), improving the margins at the operating level of the construction activity with respect to those that ended in 2020 and with all the group's business divisions contributing positively. The operating profit (EBIT) amounts to 1.9 million euros compared to 800,000 euros a year ago.


. (tagsToTranslate) raises (t) losses (t) up to (t) 20 (t) 1 (t) million (t) quarter (t) rates (t) exchange (t) Category: All (t) Category: Company News (t) Category: Pulses (t) Category: Pulses Europe (t) Category: Sectorial: Industrial Services


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