This Wednesday OHLA presented the results for the first nine months of the year, in which it obtained losses worth 58.3 million euroscompared to the 14.2 million in profits recorded in the same period of the previous year, according to the information sent to the National Securities Market Commission (CNMV). The company has detailed that these losses respond to «different accounting impacts such as the equity method, exchange differences and the impairment and results from the disposal of financial instruments.» In addition, closed the period with sales of 2,649.5 million euros, 17.4% higher for the same period in 2023, and a gross operating result (EBITDA) of 86.9 million, which represents an increase of 3.2% compared to the 84.2 million euros obtained as of September 2023. Meanwhile, The EBITDA margin was 3.3%maintaining the levels of the first semester. The company defined 2024 as a year of «consolidation», in which the activity margin «is affected by the delay in the entry of new projects with better margins, but has also been affected by the uncertainty generated by the recapitalization operation, which once announced to the market has been widely supported by bondholders, banks, shareholders and investors.» The Total short-term contracting in the year (new construction and extensions) was 3,497.3 million euros in the period, while the total portfolio as of September 30 stands at 8,196.6 million euros, 5.3% more than at the end of last year. OHLA has ended the first nine months of 2024 with a total liquidity position of 675.9 million euros. «The seasonality of the activity has led to consuming 112.6 million euros in the first nine months of 2024, it is important to highlight that between the second and third quarters, cash has been generated cumulatively for 56.6 million euros,» explains.