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Obrascon Huarte Lain ( (ES:OHLA) ) has provided an announcement.
OHL, as part of a joint venture, has been awarded a significant arbitration victory against Qatar Railways Company, resulting in a payment of 1.182 billion QAR (314.9 million €) to the claimants. OHL’s 30% stake in the joint venture highlights its strategic involvement in major international projects, potentially enhancing its market positioning and financial standing.
More about Obrascon Huarte Lain
Obrascon Huarte Lain S.A. (OHL) operates in the construction and engineering industry, focusing on large-scale infrastructure projects. The company is involved in various international ventures, often collaborating with other firms to deliver complex construction solutions.
YTD Price Performance: 28.92%
Average Trading Volume: 184,125
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €575.6M
Learn more about OHLA stock on TipRanks’ Stock Analysis page.